The global market reaction to the escalating conflict in the Middle East remains remarkably fragmented. U.S. equities successfully staged a “buy-the-dip” recovery overnight after an initial selloff. Both S&P 500 and NASDAQ closed with modest Read more…
Daily Pivots: (S1) 1.1796; (P) 1.1812; (R1) 1.1834; More…. Fall from 1.2081 is in progress in EUR/USD and intraday bias stays on the downside for 1.1576 structural support. Firm break there should confirm rejection by Read more…
Daily Pivots: (S1) 156.30; (P) 157.03; (R1) 158.08; More… USD/JPY’s rally from 152.25 continues today and intraday bias remains on the upside. Further rise should be seen to retest 159.44 high. On the downside, below Read more…
Daily Pivots: (S1) 1.3329; (P) 1.3393; (R1) 1.3470; More… Intraday bias in GBP/USD stays on the downside as fall from 1.3867 is still in progress. Decisive break of 1.3342 structural support will argue that it’s Read more…
Daily Pivots: (S1) 0.7706; (P) 0.7760; (R1) 0.7848; More…. Intraday bias in USD/CHF remains neutral for the moment. Consolidations from 0.7603 could extend, but upside should be limited by 55 D EMA (now at 0.7818). Read more…
Daily Pivots: (S1) 0.7048; (P) 0.7083; (R1) 0.7129; More… AUD/USD is still bounded in sideway trading and intraday bias stays neutral. Further rise is expected with 0.6896 support intact. On the upside, firm break of Read more…
Daily Pivots: (S1) 1.3636; (P) 1.3677; (R1) 1.3718; More… No change in USD/CAD and intraday bias remains neutral. Consolidations pattern from 1.3480 could extend. But upside should be limited by 55 D EMA (now at Read more…
Daily Pivots: (S1) 209.59; (P) 210.49; (R1) 211.84; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Corrective fall from 214.98 should have completed at 207.20 already. On the upside, above 212.10 will Read more…
Daily Pivots: (S1) 183.41; (P) 184.05; (R1) 184.58; More… Intraday bias in EUR/JPY remains neutral at this point, as sideway trading continues below 184.75. On the upside, break of 184.75 will target 186.86 high. Firm Read more…
Daily Pivots: (S1) 0.8697; (P) 0.8743; (R1) 0.8766; More… Intraday bias in EUR/GBP is turned neutral first with current steep retreat. Further rise is in favor as long as 0.8705 support holds. Above 0.8788 will Read more…