Daily Pivots: (S1) 140.23; (P) 141.29; (R1) 142.65; More…. Intraday bias in EUR/JPY remains neutral with immediate focus on 142.84 resistance. Decisive break there will argue that the correction from 148.38 has completed at 137.37 Read more…
Good day, and welcome to Monday’s edition of the Daily Authority. We finally got a cool, cloudy day in Cape Town, which seems all too rare nowadays. I’ve never been a lover of summer, Read more…
Daily Pivots: (S1) 0.8920; (P) 0.8949; (R1) 0.8986; More… EUR/GBP’s rally is still in progress and intraday bias stays on the upside. Next target is 100% projection of 61.8% projection of 0.8545 to 0.8896 from Read more…
Daily Pivots: (S1) 1.5464; (P) 1.5534; (R1) 1.5665; More… As EUR/AUD’s rebound from 1.5254 extends, intraday bias in back on the upside for 1.5749 resistance. Decisive break there will confirm that correction from 1.5976 has Read more…
Daily Pivots: (S1) 0.9956; (P) 0.9994; (R1) 1.0034; More…. Intraday bias in EUR/CHF remains neutral for the moment. Consolidation from 1.0095 would extend further, and deeper fall to 0.9873 cannot be ruled out. But downside Read more…
ECB Governing Council member Robert Holzmann said in a conference, “the risk of over-tightening seems dwarfed by the risk of doing too little.” “Monetary policy must continue to show its teeth until we see a Read more…
Credit: Kris Carlon / Android Authority Smartphones aren’t built equally, as handsets can vary greatly when it comes to things like the display, horsepower, cameras, and battery capacity. Audio is another area of differentiation, and Read more…
Gold prices experienced a steep bearish move in the preceding week, losing more than 5% from the recent ten-month top of 1,960 and breaking the uptrend line to the downside. The price found a support level Read more…
In the long term, the USDCHF pair can build a primary corrective trend – a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Its final part, wave Ⓩ, is under development. It is assumed that the wave Ⓩ may end Read more…
The Dax 40 steadies as investors hope that the ECB is in the later stage of its hiking cycle. Sentiment saw a boost after a bounce off the 20-day SMA (15000), potentially sending the index Read more…