The dollar is under pressure due to threats to the Fed’s independence. The yen has weakened due to the government’s political adventurism. What is happening now is reminiscent of the hysteria that followed America’s Liberation Read more…
On Wednesday, GBP/USD remained stable at 1.3436. The British pound was supported by a sell-off in the US dollar following increased trade tensions between the US and Europe over Greenland. US President Donald Trump has Read more…
Daily Pivots: (S1) 1.1649; (P) 1.1709; (R1) 1.1785; More…. EUR/USD’s rise from 1.1576 should still be in progress and intraday bias remains on the upside for 1.1807. Firm break there will resume whole rally from Read more…
Daily Pivots: (S1) 157.55; (P) 158.07; (R1) 158.68; More… No change in USD/JPY’s outlook as consolidation continues below 159.44. Intraday bias remains neutral for the moment. With 156.10 support intact, outlook remains bullish. On the Read more…
Daily Pivots: (S1) 1.3398; (P) 1.3445; (R1) 1.3488; More… GBP/USD failed to break through 1.3494 resistance and retreated, and intraday bias remains neutral. On the upside, firm break of 1.3494 will suggest that pullback from Read more…
Daily Pivots: (S1) 0.7858; (P) 0.7921; (R1) 0.964; More…. No change in USD/CHF’s outlook as intraday bias stays on the downside at this point. Firm break of 0.7860 support will argue that larger down trend Read more…
Daily Pivots: (S1) 0.6713; (P) 0.6730; (R1) 0.6753; More… Intraday bias in AUD/USD remains neutral and range trading continues below 0.6757. Further rally is expected with 0.6659 support intact. On the upside, above 0.6765 will Read more…
Daily Pivots: (S1) 1.3808; (P) 1.3844; (R1) 1.3873; More… Intraday bias in USD/CAD remains neutral and more consolidations would be seen below 1.3927. Further rise is still in favor with 1.3789 minor support intact. On Read more…
Daily Pivots: (S1) 0.9247; (P) 0.9270; (R1) 0.9286; More…. Intraday bias in EUR/CHF remains mildly on the downside for the moment. Fall from 0.9394 should target 100% projection of 0.9394 to 0.9268 from 0.9347 at Read more…
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