Daily Pivots: (S1) 0.8878; (P) 0.8890; (R1) 0.8909; More… Intraday bias in USD/CHF remains neutral first as range trading continues above 0.8819. Further decline is in favor as long as 0.8914 support turned resistance holds. Read more…
Daily Pivots: (S1) 0.6615; (P) 0.6658; (R1) 0.6686; More… Intraday bias in AUD/USD as fall from 0.6798 continues to accelerate lower. Sustained trading below 38.2% retracement of 0.6361 to 0.6798 at 0.6631 will raise the Read more…
Daily Pivots: (S1) 1.3716; (P) 1.3746; (R1) 1.3786; More… Intraday bias in USD/CAD stays on the upside and outlook is unchanged. Corrective pattern from 1.3845 might have completed with three waves to 1.3588, after hitting Read more…
Daily Pivots: (S1) 0.8413; (P) 0.8422; (R1) 0.8431; More…. Intraday bias in EUR/GBP is turned neutral again with 4H MACD crossed below signal line. While rebound from 0.8382 could extend higher, outlook will stay bearish Read more…
Daily Pivots: (S1) 1.6301; (P) 1.6353; (R1) 1.6448; More… Intraday bias in EUR/AUD stays on the upside and outlook is unchanged Correction from 1.0762 has possibly completed with three waves down to 1.5996, after hitting Read more…
Daily Pivots: (S1) 0.9667; (P) 0.9679; (R1) 0.9700; More…. EUR/CHF is staying in consolidations above 0.9641 temporary low and intraday bias remains neutral. Strong bounce from current level will maintain near term bullishness. Break of Read more…
Daily Pivots: (S1) 170.20; (P) 170.93; (R1) 171.79; More… Range trading continues in EUR/JPY above 169.98 temporary low and intraday bias stays neutral. Further decline is expected as long as 172.91 resistance holds. Below 169.98 Read more…
Daily Pivots: (S1) 202.15; (P) 202.88; (R1) 203.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Fall from 208.09, as a correction to whole rise from 178.32, is in progress. Sustained Read more…
Yen is trading broadly higher in otherwise sluggish Asian session today. The central focus remains on whether BoJ will implement another interest rate hike at its upcoming announcement on July 31. Media reports suggest that Read more…
Australian Dollar continues to face significant headwinds, largely due to ongoing worries about the Chinese economy—the most significant trading partner. Despite the possibility of RBA raising interest rates while other global central banks are adopting Read more…