Daily Pivots: (S1) 0.8650; (P) 0.8668; (R1) 0.8678; More… Intraday bias in EUR/GBP remains neutral and further fall is expected with 0.8685 support turned resistance intact. On the downside, below 0.8652 will resume the fall Read more…
Daily Pivots: (S1) 1.6365; (P) 1.6392; (R1) 1.6414; More… Intraday bias in EUR/AUD remains neutral for consolidations and further decline is expected as long as 1.6497 support turned resistance holds. Below 1.6340 will resume the Read more…
Daily Pivots: (S1) 0.9174; (P) 0.9198; (R1) 0.9222; More…. Intraday bias in EUR/CHF remains neutral for the moment and more consolidations could be seen below 0.9264. Further rise is expected with 0.9155 support intact. On Read more…
Daily Pivots: (S1) 1.3651; (P) 1.3683; (R1) 1.3705; More… Intraday bias in USD/CAD stays neutral and more consolidations could be seen above 1.3629. Further decline is expected with 1.3729 resistance intact. On the downside, sustained Read more…
Daily Pivots: (S1) 0.7125; (P) 0.7140; (R1) 0.7166; More… Intraday bias in AUD/USD stays neutral at this point and more consolidations could be seen below 0.7221. Further rally is expected with 0.7076 support intact. On Read more…
Key takeaways AUD/USD driven by risk sentiment in the near-term, not fundamentals: The pair continues to behave like a high-beta risk asset, with its correlation to global equities surging to 0.95 as stagflation fears and Read more…
GBP/USD is showing positive signs above 1.3500 and 1.3525. EUR/GBP declined and is now consolidating losses below 0.8700. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound started a fresh increase above 1.3500 Read more…
Germany’s GfK Consumer Climate for May fell sharply from -28.1 to -33.3, marking its lowest level since February 2023 and signaling further deterioration in household sentiment. The decline reflects mounting pressure on consumers as inflation Read more…
Daily Pivots: (S1) 159.13; (P) 159.49; (R1) 159.73; More… Range trading continues in USD/JPY and intraday bias remains neutral for the moment. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to Read more…
Daily Pivots: (S1) 0.7837; (P) 0.7858; (R1) 0.7870; More…. Intraday bias in USD/CHF remains neutral for the moment. Further decline is expected as long as 0.7933 resistance holds. On the downside, sustained break of 61.8% Read more…