Daily Pivots: (S1) 1.1627; (P) 1.1677; (R1) 1.1705; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. Further decline is in favor as long as 1.1778 resistance holds. Break of 1.1540 will resume Read more…
Daily Pivots: (S1) 149.79; (P) 150.22; (R1) 151.05; More… Intraday bias in USD/JPY is turned neutral with current recovery. On the downside, below 149.37 will target 55 D EMA (now at 148.78). Sustained break there Read more…
Daily Pivots: (S1) 1.3388; (P) 1.3430; (R1) 1.3468; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the downside, break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 Read more…
Daily Pivots: (S1) 0.7893; (P) 0.7916; (R1) 0.7958; More… Intraday bias in USD/CHF remains neutral for some consolidations. But further decline is expected as long as 0.7984 resistance holds. On the downside, below 0.7872 will Read more…
Tesla is always one of those companies you can’t avoid, and the week ahead may include more chatter about the company and Elon Musk, its mercurial CEO, than many investors can stand. The market will Read more…
Daily Pivots: (S1) 0.6458; (P) 0.6480; (R1) 0.6516; More… Intraday bias in AUD/USD stays neutral and more consolidations could be seen above 0.6439. Further decline is in favor as long as 55 D EMA (now Read more…
Daily Pivots: (S1) 1.3998; (P) 1.4033; (R1) 1.4057; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1..407. But further rally is expected as long as 1.3930 support holds. Current Read more…
I was off last week and couldn’t believe the amount of news that landed on the headlines in just a week. First, trade tensions between the US and China are fully back after China restricted Read more…
In focus the week Today is quiet on the data front. The week ahead will focus on inflation, with the UK print on Wednesday likely being a deciding factor for whether a Bank of England Read more…
Daily Pivots: (S1) 0.9219; (P) 0.9247; (R1) 0.9276; More… Intraday bias in EUR/CHF stays on the downside for the moment. Current fall is resuming larger down trend and should target 61.8% projection of 0.9660 to Read more…