Cryptocurrencies
AUD/USD Daily Report
Daily Pivots: (S1) 0.6958; (P) 0.6986; (R1) 0.7017; More… Intraday bias in AUD/USD remains on the upside at this point. Sustained trading above 55 day EMA (now at 0.6965) will pave the way to 0.7282 Read more…
Daily Pivots: (S1) 0.6958; (P) 0.6986; (R1) 0.7017; More… Intraday bias in AUD/USD remains on the upside at this point. Sustained trading above 55 day EMA (now at 0.6965) will pave the way to 0.7282 Read more…
Daily Pivots: (S1) 1.0129; (P) 1.0182; (R1) 1.0249; More… EUR/USD is still bounded in familiar range and intraday bias remains neutral. On the upside, above 1.0277 minor resistance will target 1.0348 resistance first. Break there Read more…
Daily Pivots: (S1) 1.2124; (P) 1.2158; (R1) 1.2212; More… GBP/USD’s rise from 1.1759 is still in progress and intraday bias stays on the upside for 1.2405 resistance first. Firm break there will target 1.2666 key Read more…
Daily Pivots: (S1) 0.9519; (P) 0.9575; (R1) 0.9606; More… Intraday bias in USD/CHF stays on the downside for 0.9493 support and possibly below. Price actions from 1.0063 high are still viewed as a consolidation pattern. Read more…
The euro weakens as the energy crisis intensifies. After the euro failed to achieve a higher high above 0.8580, a fall below the base of the rebound at 0.8420 may have sealed its fate. As Read more…
The New Zealand dollar edges higher as risk appetite makes a comeback across markets. The pair previously came under pressure at 0.6310 next to the origin of the sell-off in late June. The kiwi subsequently Read more…
The Japanese yen rallied after July’s CPI exceeded expectations. A lack of support from the 30-day moving average (136.50) has put the dollar bulls on the defensive. Then a drop below the demand zones around Read more…
EUR/USD The pair ended yesterday’s volatile session without significant changes. Data on the declining U.S. GDP kicked off a technical recession in the country, which in turn supported the euro. Nevertheless, expectations remain negative, and Read more…
Markets Core bonds went through the roof yesterday. The US yield curve bull steepened with changes varying between -15.1 bps (5y) to -4.3 bps (30y). The 10y yield’s technical picture risks deteriorating dramatically if the Read more…
US GDP had a nasty surprise for everybody overnight, unexpectedly falling by 0.90%, when market expectations were for a modest 0.50% gain. That marked two consecutive negative quarters of US growth, meaning that for many Read more…