Daily Pivots: (S1) 0.9088; (P) 0.9115; (R1) 0.9162; More…. EUR/CHF extended rebound and firm break of 0.9092 support turned resistance suggests short term bottoming at 0.8979. Sustained trading above 38.2% retracement of 0.9394 to 0.8979 Read more…
Daily Pivots: (S1) 0.7022; (P) 0.7065; (R1) 0.7131; More… Intraday bias in AUD/USD stays neutral as range trading continues. With 0.6943 support intact, further rally is still expected. On the upside, firm break of 100% Read more…
Daily Pivots: (S1) 1.3712; (P) 1.3730; (R1) 1.3758; More… Intraday bias in USD/CAD stays neutral at this point. On the upside, firm break of 1.3751 resistance will suggest that stronger rebound is underway, and target Read more…
Daily Pivots: (S1) 156.84; (P) 158.38; (R1) 159.25; More… USD/JPY is currently in correction to the rally from 152.52. Deeper decline should be seen to 38.2% retracement of 152.25 to 159.88 at 156.96. For now, Read more…
Daily Pivots: (S1) 0.7840; (P) 0.7899; (R1) 0.7942; More…. Intraday bias in USD/CHF is turned neutral first with current retreat. Some consolidations could be seen first but further rally is in favor as long as Read more…
Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is still staying below 1.1666 resistance despite extended rebound. Intraday bias remains neutral and further decline is in favor. On the downside, below .1408 will Read more…
A week packed with war headlines and central bank decisions comes to an end with one clear conclusion: the Middle East conflict is intensifying, and no one knows what the right monetary policy response should Read more…
In focus today Focus remains on developments in the Middle East, with strikes increasingly targeting critical energy infrastructure, keeping oil markets and risk sentiment on edge. Following yesterday’s numerous monetary policy meetings, attention now shifts Read more…
Daily Pivots: (S1) 1.3295; (P) 1.3382; (R1) 1.3517; More… GBP/USD rebounded strongly but stays below 1.3482 resistance. Intraday bias remains neutral first. Further decline is still in favor. Below 1.3216 will resume the fall from Read more…
Markets remain firmly in risk-off mode, with US equities extending their selloff overnight and Asian markets staying under pressure. The backdrop continues to be dominated by conflicts in the Middle East, with energy markets at Read more…