Daily Pivots: (S1) 1.0321; (P) 1.0394; (R1) 1.0432; More…. EUR/CHF’s fall from 1.0610 is still in progress and intraday bias stays on the downside for 1.0298 low. Decisive break there will confirm larger down trend Read more…
Daily Pivots: (S1) 0.8302; (P) 0.8327; (R1) 0.8341; More… No change in EUR/GBP’s outlook and intraday bias remains mildly on the downside for retesting 0.8282 low. Sustained break of 0.8276 key long term support will Read more…
Daily Pivots: (S1) 1.5697; (P) 1.5744; (R1) 1.5780; More… EUR/AUD’s fall form 1.6223 is still in progress and intraday bias stays on the downside for 1.5559 support. Break there should indicate that corrective rise from Read more…
Daily Pivots: (S1) 155.84; (P) 156.29; (R1) 156.56; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the downside, break of 155.11 resistance should confirm rejection by 158.19 resistance. Intraday bias will Read more…
Daily Pivots: (S1) 129.41; (P) 130.15; (R1) 130.55; More…. EUR/JPY’s fall from 133.13 resumed by breaking 130.03 temporary low and intraday bias is back on the downside. outlook is unchanged that corrective pattern from 134.11 Read more…
Market sentiment sinks deeply after Russian President Valdimir Putin declared recognition of independence of the breakaway regions of eastern Ukraine, and ordered troops to enter the regions, which is seen as risk of imminent invasion. Read more…
WTI crude oil edged higher today and it’s now pressing 95.98 resistance. Any deterioration in geopolitical situation could forcefully push WTI through this resistance to resume the medium term up trend. Next target will be Read more…
Gold’s rally resumes today and hits as high as 1913.79 so far, breaking 1900 handle. It’s now eyeing 1916.30 resistance. Break there will extend current rise from 1682.60 to 100% projection of 1682.60 to 1877.05 Read more…
DXY: On the H4, prices are at a pivot and recent swing high. We see potential for a short pullback from our 1st resistance at 96.157 in line with 100% Fibonacci extension towards our 1st Read more…
With an invasion of Ukraine seemingly underway, the Russian rouble is arguably Russia’s first casualty. There is no shortage of Russia-related headlines at present, and they show no immediate signs of stopping. Over the past Read more…