Daily Pivots: (S1) 1.3426; (P) 1.3501; (R1) 1.3556; More… Despite the current steep decline, GBP/USD is still holding above 1.3432 and intraday bias remains neutral. On the downside, below 1.3432 will resume the fall from Read more…
Daily Pivots: (S1) 0.7716; (P) 0.7735; (R1) 0.7759; More…. No change in USD/CHF’s outlook as consolidations continue above 0.7603. Intraday bias remains neutral for now. In case of stronger rise, upside should be limited by Read more…
Daily Pivots: (S1) 0.7070; (P) 0.7103; (R1) 0.7140; More… Intraday bias in AUD/USD remains neutral as it’s still bounded in range below 0.7146. Consolidations could continue and deeper retreat cannot be ruled out. But downside Read more…
Daily Pivots: (S1) 1.3656; (P) 1.3685; (R1) 1.3710; More… Outlook in USD/CAD is unchanged and intraday bias stays neutral. Consolidations from 1.3480 is in progress and stronger rebound might be seen. But upside should be Read more…
Daily Pivots: (S1) 0.9114; (P) 0.9132; (R1) 0.9151; More…. EUR/CHF is still bounded in consolidations pattern from 0.9092 and intraday bias stays neutral. Stronger rebound might be seen but upside should be limited by 38.2% Read more…
Daily Pivots: (S1) 209.81; (P) 210.99; (R1) 211.72; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. Pull back from 214.98 could have completed as a near term correction at 207.20. Above Read more…
Daily Pivots: (S1) 183.75; (P) 184.29; (R1) 184.76; More… Intraday in EUR/JPY is turned neutral first with current retreat. Outlook is unchanged that correction from 186.86 should have completed with three waves down to 180.78. Read more…
Daily Pivots: (S1) 1.6536; (P) 1.6612; (R1) 1.6654; More… There is no clear sign of bottoming in EUR/AUD yet despite loss of momentum as seen in 4H MACD. Intraday bias remains on the downside. Fall Read more…
Daily Pivots: (S1) 0.8718; (P) 0.8738; (R1) 0.8769; More… EUR/GBP’s rebound from 0.8611 is resuming and intraday bias is back on the upside. Sustained trading above 0.8744 resistance will solidify the case that fall from Read more…
Forex markets are closing out February in subdued fashion, with activity thinning as traders hold back from fresh positioning ahead of a heavy data calendar next week. Aussie remains the standout performer, supported by stronger-than-expected Read more…