Daily Pivots: (S1) 0.8783; (P) 0.8806; (R1) 0.8841; More… Intraday bias in EUR/GBP stays neutral as range trading continues. On the upside, firm break of 0.8896 will resume the rise from 0.8545 and target 61.8% Read more…
Daily Pivots: (S1) 1.5332; (P) 1.5415; (R1) 1.5483; More… EUR/AUD rose to 1.5496 but quickly retreated. Initial bias stays neutral this week first. On the upside, above 1.5496 will affirm the case of short term Read more…
Daily Pivots: (S1) 0.9913; (P) 0.9983; (R1) 1.0022; More…. EUR/CHF’s break of 0.9986 suggests that corrective pattern from 1.0095 is in the third leg. Intraday bias is back on the downside for 0.9874 support, and Read more…
NZDUSD had been on a steady decline in 2022, finding its feet at the 31-month low of 0.5510 in early October. Even though the pair has staged a solid rebound since then, it is currently experiencing a Read more…
Eurozone PMI Manufacturing was finalized at 48.8 in January, up from December’s 47.8, also a 5-month high. Manufacturing Output index was finalized at 48.9, up from December’s 47.8, a 7-month high. Readings in all member Read more…
Daily Pivots: (S1) 1.3246; (P) 1.3359; (R1) 1.3419; More… USD/CAD’s choppy decline from 1.3704 resumed after brief recovery to 1.3470 and intraday bias is back on the downside. Further fall would be seen but strong Read more…
Daily Pivots: (S1) 0.7003; (P) 0.7035; (R1) 0.7087; More… AUD/USD recovered after dipping to 0.6982 and intraday bias is turned neutral first. Risk stays mildly on the downside as long as 0.7141 resistance holds. Below Read more…
Daily Pivots: (S1) 1.0818; (P) 1.0846; (R1) 1.0891; More… Intraday bias in EUR/USD remains neutral as sideway trading continues in very tight range. With 1.0765 support intact, further rally remains in favor. On the upside, Read more…
Daily Pivots: (S1) 1.2278; (P) 1.2325; (R1) 1.2365; More… Intraday bias in GBP/USD remains neutral at this point as range trading continues. On the downside, firm break of 1.2252 minor support will turn bias to Read more…
Daily Pivots: (S1) 129.73; (P) 130.13; (R1) 130.51; More… Intraday bias in USD/JPY remains neutral for the moment as range trading continues. On the downside, break of 127.20 will resume the whole decline from 151.93 Read more…