Daily Pivots: (S1) 204.83; (P) 205.80; (R1) 206.40; More… Intraday bias in GBP/JPY stays neutral and more consolidations could be seen below 207.18. Further rally is expected as long as 204.26 support holds. Above 207.18 Read more…
Daily Pivots: (S1) 180.04; (P) 180.60; (R1) 181.07; More… Intraday bias in EUR/JPY remains neutral as consolidations from 181.98 is still extending. While deeper retreat cannot be ruled out, downside should be contained by 178.80 Read more…
Daily Pivots: (S1) 0.8766; (P) 0.8780; (R1) 0.8800; More… Intraday bias in EUR/GBP stays neutral at this point. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 0.745) will Read more…
Daily Pivots: (S1) 1.7709; (P) 1.7737; (R1) 1.7768; More… For now, further fall remains in favor in EUR/AUD for 1.7627 support. Firm break there will argue that decline from 0.8160 is ready to resume through Read more…
Daily Pivots: (S1) 0.9325; (P) 0.9335; (R1) 0.9353; More…. Intraday bias in EUR/CHF stays neutral as consolidations continue below 0.9349 temporary top. As noted before, fall from 0.9660 could have completed at 0.9178, on bullish Read more…
Markets Bonds suffered in a global bear steepening move yesterday. Bank of Japan’s Ueda was widely considered to have started the fire by giving a clear nod towards a December rate hike. At 0.75% (from Read more…
Daily Pivots: (S1) 1.1582; (P) 1.1617; (R1) 1.1644; More… EUR/USD is still staying in range below 1.1655 and intraday bias remains neutral. On the upside, decisive break of 1.1655 will complete a head and should Read more…
Daily Pivots: (S1) 154.71; (P) 155.43; (R1) 156.21; More… Intraday bias in USD/JPY remains mildly on the downside with focus on near term rising channel support (now at 154.44). Strong support could be seen there Read more…
Daily Pivots: (S1) 1.3188; (P) 1.3232; (R1) 1.3257; More… GBP/USD retreated quickly after edging higher to 1.3274 and intraday bias is turned neutral again. On the upside, sustained trading above 55 D EMA (now at Read more…
Daily Pivots: (S1) 0.8013; (P) 0.8031; (R1) 0.8067; More… Overall outlook is unchanged that price actions from 0.7828 low is seen as a corrective pattern. Intraday bias in USD/CHF is mildly on the downside for Read more…