Daily Pivots: (S1) 1.3724; (P) 1.3756; (R1) 1.3796; More… Intraday bias in USD/CAD is back on the upside with break of 1.3751 resistance. Rebound from 1.3480 is seen as correcting the whole down trend from Read more…
Daily Pivots: (S1) 0.9122; (P) 0.9145; (R1) 0.9174; More…. EUR/CHF’s rebound from 0.8979 resumed by breaking through 0.9139 resistance and intraday bias is back on the upside. Further rally should be seen to 61.8% retracement Read more…
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Daily Pivots: (S1) 212.40; (P) 212.70; (R1) 213.12; More… Intraday bias in GBP/JPY remains mildly on the upside at this point. Firm break of 213.28 resistance will resume the rally from 207.20 and target a Read more…
Daily Pivots: (S1) 183.80; (P) 184.04; (R1) 184.45; More… EUR/JPY’s rebound is in progress and intraday bias stays on the upside. Firm break of 184.75 resistance will resume the whole rise from 180.78 and target Read more…
Daily Pivots: (S1) 0.8642; (P) 0.8652; (R1) 0.8665; More… Range trading continues in EUR/GBP and intraday bias stays neutral. With 55 D EMA (now at 0.8682) intact, further decline is in favor. On the downside, Read more…
Daily Pivots: (S1) 1.6528; (P) 1.6600; (R1) 1.6664; More… Intraday bias in EUR/AUD stays mildly on the upside at this point. Rebound from 1.6125 short term bottom should extend to 55 D EMA (now at Read more…
Markets are turning cautiously positive as hopes build around a potential ceasefire that could reopen the Strait of Hormuz, easing the current supply-side shock. The tone has shifted from outright panic earlier in the week Read more…
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Gold’s rebound is gaining some traction today as broader financial markets stabilize, but the move is still seen as corrective rather than the start of a sustained bullish reversal. The recovery follows a sharp and Read more…