Daily Pivots: (S1) 161.23; (P) 162.74; (R1) 164.60; More… Intraday bias in GBP/JPY remains mildly on the upside for retesting 168.40 high. Firm break there will resume larger up trend. On the downside, in case Read more…
Daily Pivots: (S1) 135.91; (P) 136.95; (R1) 138.47; More…. Intraday bias in EUR/JPY remains mildly on the upside for retesting 139.99 high. Firm break there will resume larger up trend for 144.06 medium term projection Read more…
Daily Pivots: (S1) 0.8385; (P) 0.8423; (R1) 0.8462; More… Intraday bias in EUR/GBP remains neutral at this point. On the upside, above 0.8465 will target 0.8511 resistance first. Further break of 0.8511 will reaffirm that Read more…
Daily Pivots: (S1) 1.4716; (P) 1.4801; (R1) 1.4872; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, below 1.4687 minor support will argue that rebound from 1.4318 has completed at 1.5053 Read more…
Daily Pivots: (S1) 1.0182; (P) 1.0212; (R1) 1.0235; More…. EUR/CHF is losing some downside momentum but there is no sign of bottoming yet. Intraday bias remains mildly on the downside. Fall from 1.0369 is seen Read more…
Key insights from the week that was. In Australia this week, the market had a singular focus – inflation. The Q1 CPI report did not disappoint, with both headline and trimmed mean core inflation coming Read more…
Key Highlights USD/JPY started a fresh surge and cleared the 130.00 resistance. It traded to a new multi-year high and spiked above 131.00. EUR/USD extended decline below 1.0550, and GBP/USD traded below 1.2500. The US Read more…
The Eurozone will update its CPI inflation and GDP growth readings on Friday at 09:00 GMT. While investors expect a firmer economic expansion and another upturn in inflation, the data could produce only temporary volatility Read more…
And you can wash it down with all the soda you want, all month long. There was a time when using auto-tune to correct your pitch was considered a cheat, not something real singers would Read more…
It’s the last trading session in April and the USD is higher for the fourth consecutive month with a gain of 5.4%. Unless we see a USD collapse in the session ahead this would be Read more…