Daily Pivots: (S1) 0.6515; (P) 0.6527; (R1) 0.6538; More… Intraday bias in AUD/USD remains neutral for the moment. On the downside, break of 0.6457 will target 0.6413 cluster (38.2% retracement of 0.5913 to 0.6706 at Read more…
Daily Pivots: (S1) 1.4001; (P) 1.4021; (R1) 1.4040; More… In the bigger picture, price actions from 1.4791 medium term top is likely just unfolding as a correction to up trend from 1.2005 (2021 low), with Read more…
Daily Pivots: (S1) 0.9252; (P) 0.9287; (R1) 0.9309; More…. Intraday bias in EUR/CHF remains neutral at this point. On the downside, break of 0.9257 support will indicate that rebound from 0.9208 has completed as a Read more…
Daily Pivots: (S1) 0.8779; (P) 0.8796; (R1) 0.8824; More… Range trading continues in EUR/GBP and intraday bias stays neutral. Further rally is expected as long as 0.8761 support holds. On the upside, break of 0.8828 Read more…
Daily Pivots: (S1) 1.7687; (P) 1.7736; (R1) 1.7793; More… Intraday bias in EUR/AUD stays neutral for the moment, and outlook is unchanged. On the downside, break of 1.7561 support will revive the bearish case that Read more…
Daily Pivots: (S1) 202.21; (P) 202.72; (R1) 203.63; More… No change in GBP/JPY’s outlook and intraday bias remains neutral. On the upside, break of 204.22 resistance should confirm that correction from 205.30 has completed with Read more…
Daily Pivots: (S1) 178.11; (P) 178.43; (R1) 178.87; More… EUR/JPY’s up trend resumed by breaking through 178.80 resistance and intraday bias is now on the upside. Next target is 100% projection of 161.06 to 173.87 Read more…
Yen extended its broad decline in Asian session as Japanese Prime Minister Sanae Takaichi doubled down on her call for the BoJ to delay further rate hikes. Addressing parliament, Takaichi said consumer prices—up around 3%—are Read more…
Markets are increasingly convinced the BoE will deliver a rate cut next month, after weak labour data showed the UK economy is losing traction. The shift in sentiment has sent the FTSE 100 powering to Read more…
Key Highlights GBP/USD started a recovery wave above 1.3120. A major bearish trend line is forming with resistance at 1.3200 on the 4-hour chart. EUR/USD recovered some losses and climbed above 1.1550. Bitcoin struggled to Read more…