Daily Pivots: (S1) 1.3280; (P) 1.3319; (R1) 1.3351; More… Range trading continues in GBP/USD and intraday bias stays neutral at this point. On the downside, break of 1.3247 will target 1.3140 cluster (38.2% retracement of Read more…
Daily Pivots: (S1) 0.7939; (P) 0.7954; (R1) 0.7972; More… Intraday bias in USD/CHF remains neutral for the moment. Deeper decline is still in favor with 0.7984 resistance intact. On the downside, below 0.7913 will turn Read more…
Daily Pivots: (S1) 152.45; (P) 152.76; (R1) 153.18; More… Intraday bias in USD/JPY is back on the upside with break of 153.05 temporary top. Break of 153.26 will resume larger rise from 139.87 to 100% Read more…
Daily Pivots: (S1) 1.3972; (P) 1.4005; (R1) 1.4037; More… USD/CAD is still extending consolidations below 1.4078 and intraday bias remains neutral. Further rally is expected as long as 1.3930 support holds. Break of 1.4078 will Read more…
Daily Pivots: (S1) 0.6494; (P) 0.6511; (R1) 0.6530; More… AUD/USD edges higher today and immediate focus is on 55 D EMA (now at 0.6538). Sustained break there will argue that fall from 0.6706 has completed Read more…
A powerful risk-on wave swept through Asian markets at the start of the week, propelling commodity currencies higher as equities across Japan and South Korea surged record while China jumped to decade highs. The mood Read more…
Key Highlights EUR/USD is attempting to recover from 1.1540. A short-term bullish trend line is forming with support at 1.1610 on the 4-hour chart. GBP/USD is again moving below the 1.3360 support. Bitcoin is gaining Read more…
Bitcoin advanced notably today as risk appetite surged across Asia, with equity benchmarks in Japan and South Korea hitting historic milestones. Nikkei 225 jumped more than 2%, breaking above the 50,000 mark for the first Read more…
Chinese yuan rallied in Asian session after weekend reports signaled tangible progress toward a new U.S.–China trade framework. Senior economic officials from both countries agreed on the broad outline of a deal that could be Read more…
After last Friday’s sharp sell-off, global markets rebounded strongly this week as risk-on sentiment returned. The USD/JPY resumed its recent uptrend as fears of a renewed U.S.–China trade war eased and Sanae Takaichi was officially Read more…