Daily Pivots: (S1) 1.4799; (P) 1.4995; (R1) 1.5110; More… Intraday bias in EUR/AUD is turned neutral with current retreat. On the downside, break of 1.4759 support will suggest that rebound from 1.4318 has completed. Intraday Read more…
The Brokerage of millennials and Gen Z suffers from disaffection with cryptocurrencies and meme stocks. The ongoing crash of cryptocurrencies and mainly Bitcoin has led observers to identify the collateral victims of this debacle. There Read more…
Daily Pivots: (S1) 1.2838; (P) 1.2917; (R1) 1.2971; More… Intraday bias in USD/CAD is turned neutral first. Further rise will remain mildly on favor as long as 1.2516 support holds. Above 1.2995 will target 1.3075 Read more…
Daily Pivots: (S1) 0.6901; (P) 0.6963; (R1) 0.7064; More… Intraday bias in AUD/USD is turned neutral first with current recovery. Risk will stay on the downside as long as 0.7282 resistance holds. On the downside, Read more…
Daily Pivots: (S1) 1.0368; (P) 1.0438 (R1) 1.0517; More… Intraday bias in EUR/USD is back on the downside for retesting 1.0339 low. Decisive break there will resume larger down trend. Next target is long term Read more…
Daily Pivots: (S1) 1.2040; (P) 1.2123; (R1) 1.2255; More… Intraday bias in GBP/USD remains neutral for consolidation above 1.1932 temporary low. Outlook stays bearish with 1.2666 resistance intact. On the downside, sustained break of 61.8% Read more…
Daily Pivots: (S1) 133.01; (P) 134.31; (R1) 135.10; More… Intraday bias in USD/JPY is turned neutral for consolidation below 135.58. Further rally is expected as long as 131.34 resistance turned support holds. Above 135.58 will Read more…
Markets Yesterday didn’t bring the boring intraday countdown that often guides trading going into a Fed decision. After the recent sharp rise in yields and risk sell-off, investors scaled back on recent unidirectional positioning, whatever Read more…
WTI crude oil futures are declining below the 20-day simple moving average (SMA) after the pull back from the 123.50 resistance level. The price has been developing within an uptrend line over the last two Read more…
AUDUSD has not successfully entered the 0.7000 zone yet despite its impressive post-FOMC rally, which lifted the price by almost 2.0% to 0.7034. The 23.6% Fibonacci retracement of the 0.7660 – 0.6828 downleg was another struggle yesterday Read more…