Daily Pivots: (S1) 182.66; (P) 183.03; (R1) 183.68; More… Intraday bias in EUR/JPY remains neutral at this point. On the downside, firm break of 180.78 support will indicate that fall from 186.86 is already correcting Read more…
Daily Pivots: (S1) 0.8642; (P) 0.8672; (R1) 0.8688; More… Intraday bias in EUR/GBP remains on the downside at tis point. Fall from 0.8788 is the third leg of the pattern from 0.8863. Deeper fall would Read more…
Daily Pivots: (S1) 1.6472; (P) 1.6523; (R1) 1.6576; More… Intraday bias in EUR/AUD remains neutral for the moment and more consolidations could be seen. On the downside, sustained break of 138.2% projection of 1.8554 to Read more…
Daily Pivots: (S1) 0.8993; (P) 0.9034; (R1) 0.9059; More…. Intraday bias in EUR/CHF remains on the downside at this point. Firm break of 61.8% projection of 0.9347 to 0.9092 from 0.9149 at 0.8991 will pave Read more…
In focus today All focus this morning is on the escalating situation in the Middle East and the impact on energy prices. It is a fluid situation, and investors will monitor the news flow communication Read more…
It’s happening. US crude just hit $120 per barrel at the open before retreating to around $107 by the time I came to my desk, while Brent crude peaked at $113 per barrel before retreating Read more…
Daily Pivots: (S1) 1.3532; (P) 1.3607; (R1) 1.3649; More… Intraday bias in USD/CAD remains mildly on the downside at this point. Consolidation pattern from 1.3480 could have completed at 1.3751, after hitting 55 D EMA Read more…
Daily Pivots: (S1) 0.6985; (P) 0.7016; (R1) 0.7056; More… No change in AUD/USD’s outlook as consolidations continue. Initial bias remains neutral at this point. Outlook stays bullish with 0.6896 support intact. On the upside, break Read more…
Daily Pivots: (S1) 157.42; (P) 157.76; (R1) 158.13; More… USD/JPY’s rally from 152.25 continues today and intraday bias stays on the upside for 159.44 resistance. Decisive break there will target 161.94 high next. On the Read more…
Daily Pivots: (S1) 0.7781; (P) 0.7810; (R1) 0.7838; More…. Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.7671 support will revive near term bearishness and bring retest of 0.7603 Read more…