In the latest monthly report, Japan’s Cabinet office upgraded its assessment slightly, and noted that “the Japanese economy is picking up moderately.” That compared to showing signs of picking up in previous report. But the Read more…
Daily Pivots: (S1) 163.40; (P) 164.25; (R1) 165.48; More… Intraday bias in GBP/JPY is turned neutral with current recovery. Outlook is unchanged that corrective pattern from 168.67 is extending with another falling leg. Deeper fall Read more…
Daily Pivots: (S1) 138.92; (P) 139.49; (R1) 140.27; More…. Further decline is in favor with 140.68 minor resistance intact. Corrective pattern from 144.23 is extending with another falling leg. Deeper decline would be seen to Read more…
Daily Pivots: (S1) 0.8464; (P) 0.8495; (R1) 0.8514; More… Intraday bias in EUR/USD remains neutral at this point. Further rise will remain mildly in favor as long as 0.8456 minor support holds. Above 0.8585 will Read more…
Daily Pivots: (S1) 1.4646; (P) 1.4724; (R1) 1.4772; More… Intraday bias in EUR/AUD stays on the downside at this point. Corrective rise from 1.4318 should have completed at 1.5396, after rejection by 1.5354 support turned Read more…
Daily Pivots: (S1) 0.9825; (P) 0.9854; (R1) 0.9890; More…. Intraday bias in EUR/CHF remains neutral as consolidation continues. Outlook remains bearish with 0.9953 resistance intact. On the downside, break of 0.9804 will resume larger down Read more…
Daily Pivots: (S1) 1.0180; (P) 1.0219; (R1) 1.0259; More… Range trading continues in EUR/USD and intraday bias remains neutral. Further rise is in favor as long as 1.0118 minor support holds. Above 1.0277 minor resistance Read more…
GBPUSD has reversed back up after finding strong support at the 28-month low of 1.1760. The pair is advancing above the 20-day simple moving average (SMA) and the next obstacle to surpass is the medium-term Read more…
The structure of the DXY index hints at the development of a large triple zigzag w-x-y-x-z of the cycle degree. Most likely, a cycle actionary wave z is currently under construction. The internal structure of Read more…
Bitcoin has lost 3.5% in 24 hours, having rolled back to $21,100 at the time of writing. Meanwhile, Ethereum has lost 6.1% in the same time frame, to $1430. Altcoins in the top 10 have Read more…