Daily Pivots: (S1) 0.6919; (P) 0.6965; (R1) 0.7031; More… Intraday bias in AUD/USD remains neutral and more consolidation could be seen below 0.7045. On the upside, break of 0.7045 will resume the rebound from 0.6680 Read more…
Daily Pivots: (S1) 1.2813; (P) 1.2882; (R1) 1.2924; More… Intraday bias in USD/CAD is turned neutral again with current deep retreat. On the downside, break of 1.2817 minor support will suggest that fall from 1.3222 Read more…
Daily Pivots: (S1) 162.50; (P) 163.18; (R1) 163.78; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Consolidation from pattern from 168.67 could extend further. On the upside, above 163.97 will turn bias Read more…
Daily Pivots: (S1) 137.17; (P) 137.55; (R1) 138.02; More…. EUR/JPY’s rebound from 133.38 is still in progress and intraday bias stays on the upside. Sustained trading above 55 day EMA (now at 138.48) will suggest Read more…
Daily Pivots: (S1) 0.8418; (P) 0.8431; (R1) 0.8453; More… EUR/GBP’s recovery from 0.8338 is still in progress but intraday bias remains neutral. While stronger recovery might be seen, outlook will stay bearish as long as Read more…
Daily Pivots: (S1) 1.4536; (P) 1.4639; (R1) 1.4703; More… Range trading continues in EUR/AUD and intraday bias remains neutral. While stronger recovery cannot be ruled out, upside should be limited below 1.4910 resistance to bring Read more…
Short Term Elliott Wave View in Silver suggests the rally from 7.14.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 7.14.2022 low, wave ((i)) ended at 19.016 and dips in Read more…
Yesterday’s bullish price action suggests there could be further upside for silver over the near-term. Asian Indices: Australia’s ASX 200 index rose by 8.8 points (0.13%) and currently trades at 7,029.40 Japan’s Nikkei 225 index Read more…
Stock markets kicked off the week mixed, the European markets were up yesterday, while Nvidia plummeted the mood in the US, sending Nasdaq slightly lower. Nvidia shares dived 6.30% yesterday on news that the company Read more…
Market movers today US NFIB Small Business Optimism index will be published for July and the focus will naturally be on how inflation and labour market indicators have performed amid the recent recession fears. Chinese Read more…