Daily Pivots: (S1) 1.1965; (P) 1.2027; (R1) 1.2091; More… Intraday bias in GBP/USD stays neutral for the moment, but further rise is mildly in favor with 1.1888 minor support intact. Above 1.2089 will target 55 Read more…
Daily Pivots: (S1) 0.9609; (P) 0.9638; (R1) 0.9661; More… Intraday bias in USD/CHF stays mildly on the downside with 0.9738 minor resistance intact. Fall from 0.9884 is seen as a falling leg of the consolidation Read more…
Daily Pivots: (S1) 136.48; (P) 136.73; (R1) 137.17; More… Range trading continues in USD/JPY and intraday bias remains neutral at this point. On the downside, firm break of 134.73 will confirm short term topping, on Read more…
Daily Pivots: (S1) 0.6912; (P) 0.6948; (R1) 0.6973; More… Intraday bias in AUD/USD is turned neutral again with current retreat. On the upside, break of 0.6982, and sustained trading above 55 day EMA (now at Read more…
After the bullish breakout of the multi-month wedge pattern, as well as the upside break of the range highs, we’re seeing better two-way flow and consolidation in the US500. On the daily, we’re yet to Read more…
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – Read more…
Bitcoin is clinging to the $21,000, having changed little in the past 24 hours, while Ethereum is adding 1.7% overnight to $1450. Prices of the top altcoins range from -0.6% (Cardano) to +4.2% (BNB). The Read more…
USDJPY found support at the 135.55 barrier, which holds near the medium-term ascending trend line but is still moving with weak momentum around the 20-day simple moving average (SMA). Trend signals remain daunting as the Read more…
EUR/USD Today’s trading session started calmly for the single European currency. Neither the bears, nor the bulls manage to take advantage. At the time of writing the analysis, the first major support would be at Read more…
A 75-basis point hike by the Fed today is already well-telegraphed; anything else would be a surprise. Looking beyond today’s FOMC decision, markets are currently expecting another 100bps of hikes before 2022 draws to a Read more…