Cryptocurrencies
Oil Finds No Silver Lining
Oil has returned to the levels seen before the armed conflict in the Middle East much sooner than expected. Brent’s fall of almost 40% from its March highs is not solely due to more barrels Read more…
Oil has returned to the levels seen before the armed conflict in the Middle East much sooner than expected. Brent’s fall of almost 40% from its March highs is not solely due to more barrels Read more…
EUR/USD is extending consolidations from 1.1323 and intraday bias remains neutral. Further fall is expected as long as 1.1499 support turned resistance holds. Break of 1.1323 will resume the fall from 1.2081 to 100% projection Read more…
USD/JPY’s up trend resumed by breaking through 161.94 and intraday bias is back on the upside. Further rally should be seen to 100% projection of 152.25 to 160.71 from 155.01 at 163.47 next. On the Read more…
GBP/USD is still extending consolidations from 1.3139 and intraday bias remains neutral. Upside should be limited by 1.3300 support turned resistance. Below 1.3139 will target 100% projection of 1.3867 to 1.3158 from 1.3657 at 1.2948. Read more…
USD/CHF is extending consolidations below 0.8139 and intraday bias remains neutral. Downside should be contained by 0.8012 resistance turned support to bring another rally. Above 0.8139 will target 100% projection 0.7603 to 0.8041 from 0.7600 Read more…
Intraday bias in AUD/USD stays mildly on the downside. Fall from 0.7277 should continue to 0.6832 support. Firm break there will target 0.6756 fibonacci level. On the upside, above 0.6926 minor resistance will turn intraday Read more…
Intraday bias in USD/CAD remains neutral. Consolidations from 1.4247 could extend with another falling leg. But downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% Read more…
Intraday bias in GBP/JPY remains neutral at this point. On the downside, below 212.36 will affirm the case that rebound from 210.43 has completed as a correction. Deeper fall would be seen to 211.23 support Read more…
Intraday bias in EUR/JPY remains neutral at this point. Risk will remain mildly on the downside as long as 186.30 resistance holds. Below 183.14 will bring retest of 182.01 support first. However, firm break of Read more…
No change in EUR/GBP’s outlook and intraday bias stays neutral. Risk will remain mildly on the downside as long as 0.8686 resistance holds. Firm break of 0.8601 will revive the case of bearish trend reversal. Read more…