Cryptocurrencies
EUR/USD Struggles for Bids
The US dollar keeps advancing thanks to the Fed policy momentum. The latest rally came to a halt at the parity level, a sign that the bears were eager to sell into strength. A fall Read more…
The US dollar keeps advancing thanks to the Fed policy momentum. The latest rally came to a halt at the parity level, a sign that the bears were eager to sell into strength. A fall Read more…
European stock markets are poised for another weak open as much of Asia reopened on Tuesday to large declines. Asia is flashing red as it nears the close and Europe may be facing a similarly Read more…
Markets Yesterday, risk sentiment remained fragile even as US markets (Columbus Day) and some Asian markets were closed. EMU equities (EuroStoxx 50 -0.55%) mostly closed in negative territory, but the damage could have been worse Read more…
Daily Pivots: (S1) 149.93; (P) 155.84; (R1) 167.07; More… Intraday bias sin GBP/JPY remains neutral for the moment. On the downside, below 159.41 minor support will turn bias back to the downside for 148.93 again. Read more…
Daily Pivots: (S1) 140.95; (P) 141.38; (R1) 141.85; More…. Intraday bias in EUR/JPY stays neutral at this point. On the downside, break of 140.77 minor support will turn bias back to the downside, to extend Read more…
Daily Pivots: (S1) 0.8744; (P) 0.8778; (R1) 0.8811; More… Intraday bias in EUR/GBP stays neutral and outlook is unchanged. On the downside, sustained trading below 55 day EMA (now at 0.8656) will extend the fall Read more…
Daily Pivots: (S1) 1.5298; (P) 1.5371; (R1) 1.5481; More… EUR/AUD’s rally resumed and break of 1.5396 resistance carries some larger bullish implication. Intraday bias is back on the upside for 161.8% projection of 1.4281 to Read more…
Daily Pivots: (S1) 1.1003; (P) 1.1073; (R1) 1.1127; More… Break of 1.1023 minor support argues that GBP/USD’s rebound from 1.0351 has completed at 1.1494. Intraday bias is back on the downside for retesting 1.0351 low. Read more…
Daily Pivots: (S1) 0.9951; (P) 0.9981; (R1) 0.0030; More… USD/JPY’s rally resumed with break of 0.9964 resistance. Intraday bias is back on the upside for 1.0063 high first. Decisive break there will resume larger up Read more…
Daily Pivots: (S1) 145.30; (P) 145.55; (R1) 145.97; More… USD/JPY is still limited by 145.89 resistance and intraday bias stays neutral. Overall, further rally is expected as long as 139.37 resistance turned support holds. Break Read more…