After some mid-week volatility, USD/JPY has settled down. In the European session, the yen is trading quietly at 143.59. Markets eye BoJ meeting For anyone following the Japanese yen, next week promises to be interesting, Read more…
The internal structure of the GBPUSD currency pair suggests the formation of a global corrective trend – a triple zigzag w-x-y-x-z. On the 1H timeframe, we see the final actionary wave z of the cycle Read more…
Daily Pivots: (S1) 164.09; (P) 164.92; (R1) 165.35; More… GBP/JPY’s break of 163.91 support suggests that corrective pattern from 168.40 is extending with another falling leg. Intraday bias is back on the downside for 159.42 Read more…
Daily Pivots: (S1) 142.78; (P) 143.23; (R1)143.89; More…. Intraday bias in EUR/JPY is staying neutral as consolidation from 145.62 is extending. Deeper pull back cannot be ruled out. But downside should be contained above 138.38 Read more…
Credit: Apple Apple’s iPhone 14 series offers two features that first debuted on Xiaomi phones. These features are dual ambient light sensors and dual-frequency GPS navigation. Apple is no stranger to adopting features after Android Read more…
Daily Pivots: (S1) 0.8667; (P) 0.8694; (R1) 0.8745; More… EUR/GBP surges to as high as 0.8751 so far. The firm break of 0.8720 resistance should confirm resumption of whole rise from 0.8201. Intraday bias will Read more…
Daily Pivots: (S1) 1.4798; (P) 1.4862; (R1) 1.4986; More… EUR/AUD’s rally resumes again and intraday bias is back on the upside. Rise from 1.4281 short term bottom would target 1.5396 resistance. On the downside, however, Read more…
Daily Pivots: (S1) 0.9558; (P) 0.9586; (R1) 0.9640; More…. EUR/CHF recovered quickly after dipping to 0.9530. Intraday bias is turned neutral first. But outlook stays bearish as long as 0.9864 resistance holds Break of 0.9530 Read more…
EUR/USD Neither the bears, nor the bulls managed to gain enough momentum and the EUR/USD remained locked in the zone between 0.9960 – 1.0025. The market sentiment remains negative – for a depreciation of the Read more…
The Nasdaq 100 tumbles as investors brace for an aggressive move by the Fed next week. The recent rally came under pressure at the origin of a sell-off in late August (12850) which coincides with Read more…