Daily Pivots: (S1) 1.6245; (P) 1.6334; (R1) 1.6381; More… EUR/AUD’s fall from 1.6482 resumed after brief recovery. Intraday bias is back on the downside for retesting 1.6126 low. Decisive break there will resume larger down Read more…
Daily Pivots: (S1) 0.9131; (P) 0.9188; (R1) 0.9227; More…. Despite near the strong volatile, EUR/CHF is still bounded in established range below 0.9264. Intraday bias remains neutral and further rise is expected with 0.9155 support Read more…
Another month ended with no light at the end of the tunnel for the Iran war. On the contrary, the US is not willing to lift the naval blockade in the Strait of Hormuz, while Read more…
In focus today Today is a holiday in many markets and relatively quiet in terms of data releases. Focus remains on energy markets ahead of the close of the week, following yesterday’s volatile oil price Read more…
Daily Pivots: (S1) 1.3543; (P) 1.3619; (R1) 1.3658; More… USD/CAD’s fall from 1.3965 resumed after brief recovery and intraday bias is back on the downside. Next target is a retest on 1.3480 low. For now, Read more…
Daily Pivots: (S1) 0.7140; (P) 0.7172; (R1) 0.7234; More… AUD/USD is still bounded in consolidations below 0.7221 and intraday bias stays neutral. Further rise is expected as long as 0.7076 support holds. On the upside, Read more…
Daily Pivots: (S1) 154.55; (P) 157.63; (R1) 159.71; More… Intraday bias in USD/JPY remains on the downside at this point. Fall from 160.71 would extend lower towards 152.25 cluster support (38.2% retracement of 139.87 to Read more…
Daily Pivots: (S1) 0.7773; (P) 0.7848; (R1) 0.7891; More…. USD/CHF’s break of 0.7830 support suggests that rebound from 0.7774 has completed at 0.7923 already. Intraday bias is back on the downside for 0.7774 and then Read more…
There’s a recurring fear in fintech circles that the ground beneath Visa Inc. could eventually shift. The worry is that a mix of cryptocurrencies, digital wallets, and AI-driven payment rails might bypass traditional card networks Read more…
Daily Pivots: (S1) 1.1677; (P) 1.1709; (R1) 1.1764; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Further rise will remain in favor as long as 1.1642 support holds. On the upside, sustained Read more…