Daily Pivots: (S1) 153.64; (P) 154.03; (R1) 154.39; More… Intraday bias in USD/JPY stays on the upside for 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will extend the rally Read more…
Daily Pivots: (S1) 1.3106; (P) 1.3136; (R1) 1.3174; More… Intraday bias in GBP/USD remains on the downside for the moment. Sustained trading below 1.3140 support should confirm completion of double top pattern (1.3787, 1.3725). Further Read more…
Daily Pivots: (S1) 0.8019; (P) 0.8037; (R1) 0.8064; More… Intraday bias in USD/CHF stays on the upside at this point. Corrective pattern from 0.7828 is still extending. Break of 0.8075 will target 100% projection of Read more…
Daily Pivots: (S1) 1.3937; (P) 1.3975; (R1) 1.4024; More… Intraday in USD/CAD remains on the upside for retesting 1.4078 resistance. Firm break there will resume the whole rally from 1.3538. Next target is 61.8% projection Read more…
Daily Pivots: (S1) 0.6532; (P) 0.6546; (R1) 0.6559; More… AUD/USD recovers ahead of 0.6524 resistance turned support but stays well below 0.6616. Intraday bias remains neutral for the moment. On the upside, break of 0.6616 Read more…
Trading was subdued in Asia today, with Japan closed for a public holiday and investors awaiting a series of major events later in the week. Aussie led mild gains, supported by positioning for a hawkish Read more…
Key Highlights EUR/USD started a fresh decline below the 1.1600 support. It traded below a major bullish trend line with support at 1.1605 on the 4-hour chart. GBP/USD declined further below 1.3250 and 1.3200. Gold Read more…
Risk-on sentiment continued to grow last week, with global stock markets hitting new record highs. The main event was the U.S. Federal Reserve cutting its key interest rate by 0.25%, bringing it to the lowest Read more…
Bitcoin softened in Monday’s Asian session, with sellers gradually regaining control after October ended on a sour note for the bulls. The cryptocurrency lost roughly 5% last month — its first negative “Uptober” in seven Read more…
China’s manufacturing activity expanded at a slower pace in October, with the RatingDog PMI easing to 50.6 from 51.2, missing expectations of 50.9. The moderation reflects weaker demand momentum and growing headwinds from global trade Read more…