Daily Pivots: (S1) 1.1590; (P) 1.1623; (R1) 1.1667; More… Current development suggests that EUR/USD’s fall from 1.1971 has completed as a correction, with three waves down to 1.1467. Intraday bias is mildly on the upside Read more…
Daily Pivots: (S1) 0.6509; (P) 0.6545; (R1) 0.6565; More… AUD/USD is still bounded in range of 0.6457/6616 and intraday bias stays neutral. On the downside, break of 0.6457 will target 0.6413 cluster (38.2% retracement of Read more…
Daily Pivots: (S1) 1.4001; (P) 1.4020; (R1) 1.4054; More… Intraday bias in USD/CAD is turned neutral first with current recovery. Firm break of 1.4039 minor resistance will argue that the pullback from 1.4139 has completed. Read more…
Daily Pivots: (S1) 203.14; (P) 203.61; (R1) 204.25; More… GBP/JPY lost momentum ahead of 204.22 resistance and intraday bias stays neutral. On the upside, break of 204.22 resistance should confirm that correction from 205.30 has Read more…
Daily Pivots: (S1) 179.37; (P) 179.65; (R1) 180.08; More… EUR/JPY’s rally continues today and intraday bias stays on the upside. Current up trend should target 100% projection of 161.06 to 173.87 from 171.09 at 183.90 Read more…
Daily Pivots: (S1) 0.8811; (P) 0.8828; (R1) 0.8839; More… EUR/GBP’s rally continues today and intraday bias remains on the upside for 0.8867 fibonacci level. Firm break there will carry larger bullish implications. Next near term Read more…
Daily Pivots: (S1) 1.7685; (P) 1.7767; (R1) 1.7903; More… EUR/AUD recovered notably but stays in range of 1.7561/7895 and intraday bias remains neutral. On the downside, break of 1.7561 support will revive the bearish case Read more…
Daily Pivots: (S1) 0.9207; (P) 0.9233; (R1) 0.9252; More…. Intraday bias in EUR/CHF remains on the downside for 0.9204/8 support zone. Break there will confirm larger down trend resumption. Next near term target is 61.8% Read more…
Risk aversion returned forcefully overnight, with Wall Street suffering its steepest daily decline in a month as investors unwound exposures. The reopening of the U.S. government offered no support to sentiment, with markets instead refocusing Read more…
China’s October activity data pointed to a loss of momentum, with industrial production rising 4.9% yoy, down from September’s 6.5% yoy and below expectations of 5.6%. It marks the weakest annual pace since August 2024. Read more…