Markets The dollar takes no prisoners these days. The past 5 trading days ended with impressive gains and this morning’s price action shows no signs of slowing. The trade-weighted greenback since last Thursday rose from Read more…
Market movers today All eyes will be on the Riksbank today and whether they deliver their first rate hike (see more below and in Reading the Markets Sweden – Preview Riksbank April meeting, 22 April). Read more…
Daily Pivots: (S1) 160.04; (P) 160.72; (R1) 161.78; More… Intraday bias in GBP/JPY is turned neutral with current recovery. In case of another fall, strong support is expected from 61.8% retracement of 150.95 to 168.40 Read more…
Daily Pivots: (S1) 134.89; (P) 135.53; (R1) 136.26; More…. Intraday bias in EUR/JPY is turned neutral with current recovery. In case of another fall, downside should be contained by 38.2% retracement of 124.37 to 139.99 Read more…
Daily Pivots: (S1) 0.8382; (P) 0.8424; (R1) 0.8460; More… A temporary top is formed at 0.8465 and intraday bias is turned neutral first. On the upside, above 0.8465 will target 0.8511 resistance first. Further break Read more…
Daily Pivots: (S1) 1.4745; (P) 1.4844; (R1) 1.4917; More… Intraday bias in EUR/AUD stays neutral at this point, and another rise is still mildly in favor 1.4687 support intact. On the upside, break of 1.5053 Read more…
Daily Pivots: (S1) 1.0202; (P) 1.0230; (R1) 1.0263; More…. Intraday bias in EUR/CHF stays on the downside at this point. Corrective pattern from 1.0400 is extending with another falling leg. Deeper decline could be seen Read more…
Daily Pivots: (S1) 1.2779; (P) 1.2816; (R1) 1.2855; More… Intraday bias in USD/CAD remains on the upside for the moment. Current rise from 1.2401 should target 1.2899 resistance. Break there will target 1.3022 fibonacci level Read more…
Daily Pivots: (S1) 0.7088; (P) 0.7140; (R1) 0.7178; More… AUD/USD’s fall resumed after brief consolidation and intraday bias is back on the downside. Current development argues that larger correction from 0.8006 is in its third Read more…
Daily Pivots: (S1) 1.0498; (P) 1.0577 (R1) 1.0638; More… Intraday bias in EUR/USD remains on the downside for the moment. Sustained break of 100% projection of 1.1494 to 1.0805 from 1.1184 at 1.0495 will pave Read more…