Markets have clearly been anxious in the lead up to Jackson Hole, as investors and traders await the next policy clues out of Fed Chair Powell later this week. The declines in equities and bonds Read more…
Daily Pivots: (S1) 160.98; (P) 161.64; (R1) 162.47; More… GBP/JPY is still extending the consolidation pattern from 168.67 and intraday bias remains neutral. On the upside, break of 163.91 will bring stronger rise to 166.31 Read more…
Daily Pivots: (S1) 135.68; (P) 136.37; (R1) 137.00; More…. Intraday bias in EUR/JPY stays neutral at this point. On the upside, break of 138.38 resistance will resume the rebound from 133.38 towards 142.31 resistance. On Read more…
Daily Pivots: (S1) 0.8409; (P) 0.8431; (R1) 0.8447; More… Intraday bias in EUR/GBP stays neutral for the moment. On the downside, break of 0.8386 minor support will resume the choppy fall from 0.8720 through 0.8338. Read more…
Daily Pivots: (S1) 1.4342; (P) 1.4406; (R1) 1.4451; More… Intraday bias in EUR/AUD is back on the downside with break of 1.4391. Decisive break of 1.4318 low will resume larger down trend to medium term Read more…
Daily Pivots: (S1) 0.9562; (P) 0.9601; (R1) 0.9650; More…. Further decline is expected in EUR/CHF with 0.9698 resistance intact. Current down trend should now target 100% projection of 1.1149 to 0.9970 from 1.0513 at 0.9334. Read more…
Daily Pivots: (S1) 1.2907; (P) 1.2985; (R1) 1.3036; More… Intraday bias in USD/CAD is turned neutral with current retreat. Corrective decline from 1.3222 could have completed with three waves down to 1.2726. Above 1.3062 will Read more…
Daily Pivots: (S1) 0.6869; (P) 0.6916; (R1) 0.6976; More… Intraday bias in AUD/USD is turned neutral with current recovery. Corrective rebound from 0.6680 could have completed with three waves up to 0.7135. Below 0.6855 will Read more…
Daily Pivots: (S1) 135.80; (P) 136.76; (R1) 137.70; More… Intraday bias in USD/JPY is turned neutral with current retreat. Overall, price actions from 139.37 are seen as a corrective pattern, with rise from 130.38 has Read more…
Daily Pivots: (S1) 0.9600; (P) 0.9646; (R1) 0.9689; More… Intraday bias in USD/CHF is turned neutral with current retreat. Triangle correction from 1.0063 could have completed at 0.9369 already. Above 0.9691 will t target 0.9884 Read more…