Market Overview The crypto market capitalisation rose to $2.64T in the early hours of Monday but quickly retreated to the $2.60T level that has held steady over the past five days. Bears are aggressively defending Read more…
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Daily Pivots: (S1) 215.14; (P) 215.47; (R1) 216.02; More… Intraday bias in GBP/JPY remains neutral and consolidations from 215.89 could extend. In case of another fall, downside should be contained by 213.29 resistance turned support Read more…
Daily Pivots: (S1) 186.53; (P) 186.71; (R1) 186.99; More… Intraday bias in EUR/JPY remains neutral for the moment and more consolidations would be seen first. In case of another fall, downside should be contained by Read more…
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…