Cable is turning south for the last few weeks, as price stopped at the trendline connected from 2023 high so we certainly should not be surprised by current retracement. Break below the channel support also Read more…
USDJPY continues its ascending move Technical oscillators still ticking up USDJPY is creating higher highs, unlocking a fresh 38-year high of 161.92 earlier in the day. The rebound off 154.50 is still in progress, while the technical Read more…
Daily Pivots: (S1) 1.0721; (P) 1.0735; (R1) 1.0760; More…. Intraday bias in EUR/USD remains neutral for the moment. On the upside, firm break of 55 D EMA (now at 1.0772) will argue that pull back Read more…
Daily Pivots: (S1) 161.22; (P) 161.52; (R1) 161.76; More… USD/JPY’s rally continues today despite some loss of upside momentum. Intraday bias stays on the upside at this point. Current up trend should target 61.8% projection Read more…
Daily Pivots: (S1) 1.2638; (P) 1.2663; (R1) 1.2710; More… Intraday bias in GBP/USD stays neutral for the moment as range trading continues. On the upside, firm break of 1.2705 resistance will argue that pull back Read more…
Daily Pivots: (S1) 0.9026; (P) 0.9038; (R1) 0.9052; More… Intraday bias in USD/CHF remains on the upside as rise from 0.8825 is in progress. Fall from 0.9223 might have completed as a three-wave corrective move Read more…
Daily Pivots: (S1) 0.6644; (P) 0.6657; (R1) 0.6681; More… Intraday bias in AUD/USD remains neutral as sideway consolidation from 0.6713 is still extending. Further rally is in favor with 0.6578 cluster support (38.2% retracement of Read more…
Daily Pivots: (S1) 1.3646; (P) 1.3701; (R1) 1.3735; More… Range trading continues in USD/CAD and intraday bias remains neutral. Consolidation from 1.3845 could extend further. While another fall could be seen, downside should be contained Read more…
Daily Pivots: (S1) 0.8459; (P) 0.8478; (R1) 0.8489; More… Intraday bias in EUR/GBP is turned neutral again with current retreat. On the upside, sustained trading above 55 D EMA (now at 0.8501) will extend the Read more…
Daily Pivots: (S1) 1.6083; (P) 1.6131; (R1) 1.6166; More… EUR/AUD is still extending the consolidation from 1.5996 and intraday bias remains neutral. With 1.6211 support turned resistance intact, outlook remains bearish. On the downside, break Read more…