Daily Pivots: (S1) 1.4678; (P) 1.4766; (R1) 1.4905; More… Intraday bias in EUR/AUD is turned neutral as it recovered after hitting 1.4597. On the upside, break of 1.5053 will resume the rebound from 1.4318 to Read more…
Daily Pivots: (S1) 1.0336; (P) 1.0365; (R1) 1.0412; More…. EUR/CHF retreats notably after just missing 1.0400 resistance and intraday bias is turned neutral first. On the upside, Firm break of 1.0400 resistance will resume the Read more…
GBPJPY regained some ground after the BoE decision and the losses it caused yesterday, but found resistance at the 20-day simple moving average (SMA). The price plunged beneath the 38.2% Fibonacci retracement level of the upward wave from 150.95 to 168.40 at Read more…
Bitcoin was down more than 10% intraday on Thursday, stabilising at $36.4K from the end of the day and losing 8.3% overnight. Ethereum lost 6.7% in the last 24 hours, while other leading altcoins in Read more…
Markets On Wednesday the Fed hiked its policy rate 50 bps and signaled more such steps to come. At the same time, chair Powell said that 75 bps steps were not on the table. This Read more…
Daily Pivots: (S1) 1.2745; (P) 1.2806; (R1) 1.2899; More… Intraday bias in USD/CAD remains neutral as it rebounded after hitting 1.2712. Further rise is still in favor. Break of 1.2913 will resume recent rally to Read more…
Daily Pivots: (S1) 0.7039; (P) 0.7152; (R1) 0.7227; More… AUD/USD’s rebound lost steam after hitting 0.7265 and retreats sharply. Intraday bias is turned neutral at this point. Outlook is unchanged that fall from 0.7660 is Read more…
Daily Pivots: (S1) 1.0474; (P) 1.0558 (R1) 1.0623; More… Intraday bias in EUR/USD remains neutral and outlook stays bearish with 1.0756 support turned resistance intact. On the downside, break of 1.0470 will resume larger down Read more…
Daily Pivots: (S1) 1.2242; (P) 1.2439; (R1) 1.2552; More… Intraday bias in GBP/USD remains on the downside for 161.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2258. Break will target 200% projection at 1.2013 Read more…
The US dollar is on track for its fifth bullish week, which hasn’t boded well for GBP which clings on to its 23-month low ahead of today’s NFP report. Asian Indices: Australia’s ASX 200 index Read more…