Silver rallies as risk appetite favours commodity markets. A break above the last leg of sell-off at 19.40 triggered momentum buying. This is a sign of a massive exodus from heavy selling. A close above Read more…
Daily Pivots: (S1) 134.56; (P) 135.46; (R1) 135.91; More…. EUR/JPY’s decline continues today and it’s now pressing 134.11 key support turned resistance. Strong support could be seen from current level to complete the pattern from Read more…
Daily Pivots: (S1) 160.72; (P) 161.61; (R1) 162.17; More… GBP/JPY’s fall continues today and breaks through 160.37 support. Intraday bias stays on the downside. Deeper decline would be seen to 162.67 support next. On the Read more…
Daily Pivots: (S1) 0.8351; (P) 0.8376; (R1) 0.8396; More… EUR/GBP is staying in consolidation above 0.8344 and intraday bias remains neutral first. While stronger recovery cannot be ruled out, further decline is expected as long Read more…
Daily Pivots: (S1) 1.4532; (P) 1.4598; (R1) 1.4665; More… Intraday bias in EUR/AUD remains mildly on the upside as recovery from 1.4508 extends. Upside should be limited below 1.4910 resistance to bring fall resumption. On Read more…
Daily Pivots: (S1) 0.9720; (P) 0.9740; (R1) 0.9765; More…. Intraday bias in EUR/CHF is turned neutral first as it lost downside momentum after hitting 0.9697. While further fall cannot be ruled out, some support might Read more…
Daily Pivots: (S1) 1.0220; (P) 1.0247; (R1) 1.0289; More… Intraday bias in EUR/USD is back on the upside as rebound from 0.9951 is now trying to resume. Further rise should be seen to 1.0348 resistance Read more…
Daily Pivots: (S1) 1.2177; (P) 1.2236; (R1) 1.2314; More… GBP/USD’s rally from 1.1759 is in progress and intraday bias stays on the upside. Next target is 1.2405 resistance. Firm break there will target 1.2666 key Read more…
Daily Pivots: (S1) 0.9473; (P) 0.9505; (R1) 0.9528; More… Focus stays on 0.9471 resistance turned support in USD/CHF. Strong support should be seen there to bring rebound. On the upside, above 0.9598 minor resistance will Read more…
Daily Pivots: (S1) 130.96; (P) 132.26; (R1) 132.92; More… USD/JPY’s decline from 139.37 is still in progress and intraday bias stays on the downside. Further fall would be seen towards 126.35 support. But strong support Read more…