The Aussie Dollar failed to clear the 0.6800 resistance against the US Dollar. The AUD/USD pair started a downside correction below the 0.6780 and 0.6750 support levels. There was a clear move below the 0.6720 Read more…
Daily Pivots: (S1) 167.66; (P) 168.23; (R1) 168.82; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the upside, break of 169.07 resistance will argue that larger up trend is ready to Read more…
Daily Pivots: (S1) 144.14; (P) 144.65; (R1) 145.17; More…. Intraday bias in EUR/JPY remains neutral first. Break of 142.52 support will extend the decline from 148.38, to 61.8% retracement of 133.38 to 148.38 at 139.11. Read more…
Daily Pivots: (S1) 0.8579; (P) 0.8597; (R1) 0.8618; More… Focus stays on 0.8570 support in EUR/GBP. Firm break there will resume the fall from 0.9267 and target 61.8% projection of 0.9267 to 0.8570 from 0.8827 Read more…
Daily Pivots: (S1) 1.5368; (P) 1.5410; (R1) 1.5440; More… EUR/AUD rises notably today but stays below 1.5551 resistance, intraday bias remains neutral first. On the upside firm break of 1.5551 will argue that larger up Read more…
Daily Pivots: (S1) 0.9812; (P) 0.9835; (R1) 0.9855; More…. Range trading continues in EUR/CHF and intraday bias remains neutral at this point. On the upside, firm break of 0.9953 resistance will resume larger rally from Read more…
The Dax 40 steadies over upbeat German Q3 GDP. The RSI’s overbought condition is a sign of overextension. As the index tests June’s high of 14700, short-term traders may look to trim their exposure. 14370 Read more…
The euro softened after ECB officials played down wage pressure. Following a break above September’s high of 0.9830, the euro has found robust support over 0.9720. Then higher lows show rising interest in keeping the Read more…
The pound holds onto its gains after the PPI for October was revised upwards. As the pair approaches the August high of 1.2270, a bearish RSI divergence is a warning sign that the rally may Read more…
Markets On Friday, US and European bond markets showed a divergent picture as US markets reopened after the Thanksgiving Holiday. US Treasuries continued to outperform. A disappointing US PMI released earlier last week only reinforced Read more…