Today, the Hong Kong stock index HSI (Hong Kong 50 on FXOpen) is showing downward momentum, dropping below 25,200 for the first time since mid-October. Factors adding to selling pressure include (according to media reports): Read more…
Daily Pivots: (S1) 204.81; (P) 205.84; (R1) 206.86; More… Intraday bias in GBP/JPY is turned neutral first with current retreat and some consolidations would be seen. Downside should be contained above 202.31 support. On the Read more…
Daily Pivots: (S1) 181.00; (P) 181.50; (R1) 182.04; More… Intraday bias in EUR/JPY is turned neutral first with current retreat, and some consolidations would be seen. But downside should be contained above 178.80 resistance turned Read more…
Daily Pivots: (S1) 0.8796; (P) 0.8818; (R1) 0.8840; More… Intraday bias in EUR/GBP remains neutral as range trading continues. Considering bearish divergence condition in 4H MACD, firm break of 0.8765 support will confirm short term Read more…
Daily Pivots: (S1) 1.7790; (P) 1.7851; (R1) 1.7959; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, above 1.7934 will bring stronger rally towards 1.8160 resistance. On the downside, break of Read more…
Daily Pivots: (S1) 0.9281; (P) 0.9293; (R1) 0.9304; More…. Range trading continues in EUR/CHF and intraday bias remains neutral. Outlook will remain bearish as long as 0.9325 resistance holds. On the downside, below 0.9254 minor Read more…
Markets Risk sentiment took an impressive turn for the worse during US trading. The combination of good Nvidia results published Wednesday after trading and decent US September payrolls release (119k job growth vs 53k expected) Read more…
Daily Pivots: (S1) 1.1504; (P) 1.1527; (R1) 1.1551; More… Intraday bias in EUR/USD stays mildly on the downside for retesting 1.1467 first. Firm break there will target 1.1390, and then 38.2% retracement of 1.0176 to Read more…
Daily Pivots: (S1) 156.93; (P) 157.41; (R1) 157.94; More… Intraday bias in USD/JPY is turned neutral with current retreat and some consolidations would be seen. Downside should be contained above 154.47 resistance turned support to Read more…
Daily Pivots: (S1) 1.3033; (P) 1.3078; (R1) 1.3119; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further decline is expected as long as 1.3247 support turned resistance holds. Break of 1.3008 will Read more…