The Canadian dollar tumbled over a deceleration in the Q3 GDP. A series of higher lows had already shown growing buying pressure. A break above 1.3570, a support-turned-resistance from a sell-off earlier this month may Read more…
The Swiss franc weakened after the Q3 GDP fell short of expectations. A tentative break below last August’s low of 0.9380 further put the bulls on the defensive. Multiple tests at this level show strong Read more…
Daily Pivots: (S1) 165.28; (P) 165.98; (R1) 166.42; More… Intraday bias in GBP/JPY stays mildly on the downside for retesting 163.02 support. Break there will resume whole decline from 172.11 to 159.71 support next. For Read more…
Daily Pivots: (S1) 142.83; (P) 143.43; (R1) 143.84; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the downside, break of 142.52 support will extend the decline from 148.38, to 61.8% retracement of Read more…
Daily Pivots: (S1) 0.8617; (P) 0.8634; (R1) 0.8661; More… Intraday bias in EUR/GBP is mildly on the upside for stronger recovery. But overall outlook will remain bearish as long as 0.8827 resistance holds. Firm break Read more…
Daily Pivots: (S1) 1.5355; (P) 1.5460; (R1) 1.5548; More… Consolidation from 1.5704 is extending and intraday bias in EUR/AUD remains neutral first. . In case of another fall, downside should be contained by 55 day Read more…
Daily Pivots: (S1) 0.9820; (P) 0.9846; (R1) 0.9881; More…. Intraday bias in EUR/CHF remains neutral as corrective pattern form 0.9953 is still extending. On the upside, firm break of 0.9953 resistance will resume larger rally Read more…
Daily Pivots: (S1) 1.3443; (P) 1.3545; (R1) 1.3680; More…. Intraday bias in USD/CAD stays on the upside at this point. Correction form 1.3976 should have completed at 1.3224. Next target is 161.8% projection of 1.3224 Read more…
Daily Pivots: (S1) 0.6637; (P) 0.6693; (R1) 0.6745; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6796 is extending. Further rise is expected as long as 0.6521 resistance turned support holds. On the Read more…
Daily Pivots: (S1) 137.93; (P) 138.64; (R1) 139.42; More… Intraday bias in USD/JPY stays mildly on the downside for the moment. Fall form 151.93 should be resuming for 100% projection of 146.78 to 137.66 from Read more…