The Nasdaq 100 slumps as fewer US jobless claims reinforces the tightening agenda. Previously, a tentative break below 10900 weakened the bulls’ position. A failure to achieve a new high above 11650 shows that the Read more…
The pound tumbled after the BoE warned of a protracted downturn. The price lost steam near September’s high (1.1700) and a break below 1.1440 sent buyers packing, turning it into a resistance. A lack of Read more…
Daily Pivots: (S1) 164.19; (P) 166.39; (R1) 167.67; More… Intraday bias in GBP/.JPY stays neutral at this point. Further rise is in favor as long as 164.95 support holds. Break of 172.11 will resume larger Read more…
Daily Pivots: (S1) 143.94; (P) 144.65; (R1) 145.26; More…. Intraday bias in EUR/JPY stays neutral as consolidation from 148.38 is extending. In case of deeper fall, downside should be contained by 55 day EMA (now Read more…
Daily Pivots: (S1) 0.8648; (P) 0.8695; (R1) 0.8783; More… Intraday bias in EUR/GBP remains neutral for the moment. Further decline is in favor with 0.8779 resistance intact. Break of 0.8570 will resume the fall from Read more…
Daily Pivots: (S1) 1.5440; (P) 1.5486; (R1) 1.5541; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.5704 is extending. Deeper decline cannot be ruled out. But downside should be contained by 55 day Read more…
Daily Pivots: (S1) 0.9843; (P) 0.9868; (R1) 0.9907; More…. EUR/CHF is still extending the consolidation pattern from 0.9953 and intraday bias stays neutral. In case of deeper retreat, downside should be contained by 0.9798 support Read more…
Daily Pivots: (S1) 1.3683; (P) 1.3746; (R1) 1.3808; More…. Intraday bias in USD/CAD remains neutral for the moment. Further rise in favor as long as 1.3501 support holds. On the upside, decisive break of 1.3976 Read more…
Daily Pivots: (S1) 0.6251; (P) 0.6311; (R1) 0.6351; More… Intraday bias in AUD/USD stays mildly on the downside for retesting 0.6169. Firm break there will resume larger down trend to 138.2% projection of 0.7660 to Read more…
Daily Pivots: (S1) 0.9707; (P) 0.9773; (R1) 0.9817; More… Intraday bias in EUR/USD stays on the downside for the moment. Corrective pattern from 0.9534 should have completed with three waves up to 1.0092. Deeper decline Read more…