Daily Pivots: (S1) 0.8388; (P) 0.8415; (R1) 0.8432; More… Intraday bias in EUR/GBP is turned neutral with a temporary top formed at 0.8440. Another rise will remain mildly in favor with 0.8307 minor support intact. Read more…
Daily Pivots: (S1) 1.2702; (P) 1.2740; (R1) 1.2773; More… Intraday bias in USD/CAD remains on the upside with 1.2652 minor support intact. Rebound from 1.2401 should target 1.2899 resistance next. On the downside, however, break Read more…
Daily Pivots: (S1) 0.7125; (P) 0.7191; (R1) 0.7247; More… Intraday bias in AUD/USD remains on the downside at this point. Sustained break of 0.7164 support will confirm that whole rebound from 0.6966 has completed at Read more…
Daily Pivots: (S1) 127.48; (P) 128.18; (R1) 128.82; More… USD/JPY is staying in consolidation from 129.39 and intraday bias remains neutral first. Downside of retreat should be contained above 125.09 resistance turned support to bring Read more…
Daily Pivots: (S1) 0.9564; (P) 0.9580; (R1) 0.9614; More…. Intraday bias in USD/CHF stays on the upside for the moment. Sustained break of 0.9591 medium term projection level will pave the way to next at Read more…
Daily Pivots: (S1) 1.2679; (P) 1.2762; (R1) 1.2826; More… Intraday bias in GBP/USD remains on the downside for 100% projection of 1.3641 to 1.2999 from 1.3297 at 1.2655. Sustained break there will target 161.8% projection Read more…
EUR/USD After the breach of the important support at 1.0757, the Euro lost quite a bit of ground against the dollar and the pair tested the support zone at 1.0704. During the early hours of Read more…
Markets A Chinese growth slowdown ranks as one of the biggest risks to future global growth. March data already showed the impact of lockdowns in Shanghai (still in place), with an outbreak in Beijing over Read more…
Market movers today We have a number of US data releases today. Consumer confidence from Conference Board, durable goods orders, new home sales and house prices will add more information on the state of the Read more…
Daily Pivots: (S1) 1.0668; (P) 1.0741 (R1) 1.0786; More… EUR/USD’s decline is still in progress and intraday bias remains on the downside. Current down trend should target 100% projection of 1.1494 to 1.0805 from 1.1184 Read more…