Market movers today A quiet end to the week, with no key data releases or central bank speeches scheduled for today. Focus remains on the outlook for central bank policy tightening and further details on Read more…
EUR/USD The euro lost some ground against the dollar, and during the early hours of today`s trading, the pair headed for a test of the support zone at 1.0848. A successful violation of the aforementioned Read more…
The Nasdaq 100 retreats as investors continue to digest hawkish Fed minutes. The rally came to a halt at February’s high at 15260. Then a drop below the short-term demand zone at 14730 led to Read more…
WTI crude softens as concerns grow over lockdowns in China. A bearish MA cross on the daily chart suggests that sentiment may have turned cautious. The price is testing the key floor at 94.00 which Read more…
The US dollar edged higher supported by better-than-expected initial jobless claims. The pair continues its journey upward from the demand zone near 0.9200. The rally is gaining momentum after a break above 0.9280. 0.9370 from Read more…
DXY: On the weekly, prices are on bullish momentum. We see the potential for abounce from our 1st support at 97.294 in line with 61.8% Fibonacci retracement towards our 1st resistance at 102.886. Prices are Read more…
Daily Pivots: (S1) 161.59; (P) 161.93; (R1) 162.45; More… GBP/JPY is still extending the consolidation from 164.61 and intraday bias remains neutral for the moment. Outlook remains bullish with 158.04 resistance turned support intact, and Read more…
Daily Pivots: (S1) 134.38; (P) 134.94; (R1) 135.46; More…. EUR/JPY is staying in consolidation from 137.50 and intraday bias stays neutral for the moment. With 133.70 minor support intact, further rally is expected. On the Read more…
Daily Pivots: (S1) 0.8302; (P) 0.8334; (R1) 0.8353; More… Intraday bias in EUR/GBP stays neutral at this point. On the downside, break of 0.8294 will argue that rebound from 0.8201 has completed at 0.8511, and Read more…
Daily Pivots: (S1) 1.4486; (P) 1.4550; (R1) 1.4612; More… Intraday bias in EUR/AUD remains neutral and some more consolidation could be seen above 1.4318 temporary low. But outlook remains bearish as long as 1.4940 resistance Read more…