Daily Pivots: (S1) 1.4809; (P) 1.4862; (R1) 1.4937; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Further decline is in favor with 1.5043 minor resistance intact. Decisive break of 1.4759 support should Read more…
Daily Pivots: (S1) 0.9807; (P) 0.9846; (R1) 0.9884; More…. EUR/CHF is losing some downside momentum as seen in 4 hour MACD. But further decline is still in favor with 0.9953 minor resistance intact. Current down Read more…
Daily Pivots: (S1) 1.2988; (P) 1.3019; (R1) 1.3055; More… Range trading continues in USD/CAD and intraday bias remains neutral. Further rise is mildly in favor with 1.2818 support intact. On the upside, break of 1.3082 Read more…
Daily Pivots: (S1) 0.6721; (P) 0.6762; (R1) 0.6799; More… AUD/USD is losing some downside momentum. But further decline is expected with 0.6873 resistance intact. Current down trend from 0.8006 should target next fibonacci level at Read more…
Daily Pivots: (S1) 1.0000; (P) 1.0037; (R1) 1.0074; More… Further decline is still expected with 1.0189 minor resistance intact. Current down trend should target 100% projection of 1.1184 to 1.0348 from 1.0773 at 0.9937. Firm Read more…
Daily Pivots: (S1) 1.1823; (P) 1.1895; (R1) 1.1962; More… GBP/USD is staying in consolidation from 1.1806 temporary low and intraday bias remains neutral. Further decline is expected with 1.2055 resistance intact. Break of 1.1806 will Read more…
Daily Pivots: (S1) 0.9752; (P) 0.9794; (R1) 0.9830; More… Intraday bias in USD/CHF remains neutral first and further rally is expected with 0.9680 minor support intact. Consolidation pattern from 1.0063 should have completed with three Read more…
WTI crude oil futures found a strong obstacle at the 200-day simple moving average (SMA), failing to continue the selling interest to the downside after the fall beneath the 100.00 level. The downside reversal in Read more…
Good news today for the Australian economy as the employment report for June stunned with across-the-board strength. The economy added 88,400 jobs in June to a new peak of 13.6million, well above expectations for a Read more…
The US inflation report was ugly. Inflation in the US advanced to 9.1% in June, from 8.6% a month earlier, and there was nothing toppish about yesterday’s inflation report, apart from the fact that gasoline Read more…