Daily Pivots: (S1) 0.8437; (P) 0.8450; (R1) 0.8471; More… Outlook in EUR/GBP stays bearish as long as 0.8585 resistance holds, even stronger recovery cannot be ruled out. On the downside, break of 0.8338 will resume Read more…
Daily Pivots: (S1) 1.4603; (P) 1.4646; (R1) 1.4712; More… Intraday bias in EUR/AU stays neutral as sideway trading continues. While stronger recovery cannot be ruled out, upside should be limited below 1.4910 resistance to bring Read more…
Daily Pivots: (S1) 0.9724; (P) 0.9745; (R1) 0.9764; More…. Range trading continues in EUR/CHF and intraday bias remains neutral. On the downside, firm break of 0.9697 will resume larger down trend to 0.9650 long term Read more…
USDJPY has been gaining some ground in the short-term after its latest decline came to a halt at the 130.40 region. However, the recent price recovery has been repeatedly held down by the ascending 50-day simple Read more…
Market volatility has eased in the lead up to today’s highly anticipated US CPI data. The VIX index has moderated closer to 20, which is notably below the mid-30s peaks it has witnessed on multiple Read more…
Daily Pivots: (S1) 1.0186; (P) 1.0217; (R1) 1.0244; More… Intraday bias in EUR/USD remains neutral at this point. On the downside, break of 1.0095 minor support will argue that larger down trend is ready to Read more…
Daily Pivots: (S1) 1.2049; (P) 1.2090; (R1) 1.2117; More… Intraday bias in GBP/USD remains neutral for the moment. Outlook is unchanged that rebound from 1.1759 should have completed after hitting 55 day EMA. On the Read more…
Daily Pivots: (S1) 0.9511; (P) 0.9536; (R1) 0.9560; More… Intraday bias in USD/CHF stays neutral for the moment. On the upside, break of 0.9650, and sustained trading above 55 day EMA (now at 0.9647) will Read more…
Daily Pivots: (S1) 1.2853; (P) 1.2876; (R1) 1.2909; More… Intraday bias in USD/CAD remains neutral at this point. On the downside, break of 1.2817 minor support will suggest that fall from 1.3222 high is ready Read more…
NZDUSD has been silent since Monday’s negligible pickup, which put the market in the green territory on a weekly basis, trading flat at 0.6280 ahead of the US CPI inflation early on Wednesday. The pair Read more…