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Key takeaways Downtrend intact despite policy support: AUD/USD failed to sustain gains after the hawkish RBA boost, reversing sharply from 0.7123 to a three-month low, with the bearish trend remaining intact below the 0.6910 resistance. Read more…
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Daily Pivots: (S1) 209.62; (P) 211.16; (R1) 212.13; More… Intraday bias in GBP/JPY stays on the downside at this point. Corrective pattern from 214.98 should be in the third leg. Deeper decline would be seen Read more…
Daily Pivots: (S1) 182.27; (P) 183.39; (R1) 184.20; More… Risk remains on the downside for EUR/JPY with 185.64 resistance intact. Correction from 186.86 is probably in the third leg already. Break of 181.85 support will Read more…
Daily Pivots: (S1) 0.8674; (P) 0.8687; (R1) 0.8706; More… EUR/GBP’s rebound from 0.8610 is still in progress. A short term bottom should be formed and intraday bias remains on the upside for 0.8788 resistance. For Read more…
Daily Pivots: (S1) 1.6680; (P) 1.6746; (R1) 1.6793; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. On the upside, above 1.6803 will extend the rebound from 1.6125 to 38.2% retracement of Read more…
Daily Pivots: (S1) 0.9149; (P) 0.9176; (R1) 0.9192; More…. Intraday bias in EUR/CHF is turned neutral first with current retreat. On the upside, above 0.9198 will extend the rebound from 0.8979 short term bottom to Read more…
Markets The fog of war thickens as we’ve entered the US’s initial 4-to-6 weeks timeline to achieve its military goals in Iran. Only yesterday, US President Trump indicated that the US is in serious discussions Read more…
Daily Pivots: (S1) 0.6833; (P) 0.6854; (R1) 0.6875; More… Intraday bias in AUD/USD remains on the downside at this point. Current fall from 0.7187 should target retracement of 0.5913 to 0.7187 at 0.6700. On the Read more…