Daily Pivots: (S1) 164.32; (P) 164.64; (R1) 164.91; More… Range trading continues in EUR/JPY despite huge volatility. Intraday bias remains neutral first. On the upside, firm break of 165.33 will resume larger up trend towards Read more…
Daily Pivots: (S1) 0.8549; (P) 0.8560; (R1) 0.8570; More… Outlook in EUR/GBP remains unchanged as range trading continues. Intraday bias stays neutral at this point. On the downside, firm break of 0.8529 support will argue Read more…
Daily Pivots: (S1) 1.6542; (P) 1.6573; (R1) 1.6607; More… EUR/AUD’s rally from 1.6368 resumed after brief consolidations. Breach of 1.6677 resistance argues that fall from 1.6742 has completed as a three-wave corrective move to 1.6368. Read more…
Daily Pivots: (S1) 0.9690; (P) 0.9713; (R1) 0.9732; More… Intraday bias in EUR/CHF is back on the downside as fall from 0.9847 resumed. Sustained break of 38.2% retracement of 0.9252 to 0.9847 at 0.9620 will Read more…
Key insights from the week that was. In Australia, the March Labour Force Survey provided some much-needed clarity on labour market conditions after an incredibly volatile opening to the year. Following an upwardly revised gain Read more…
Oil and gold jumped on rising geopolitical tensions after Israel struck targets in western Iran as a response to last weekend’s attacks. One of the concerned cities is Isfahan, home to several military bases and Read more…
Daily Pivots: (S1) 0.9095; (P) 0.9110; (R1) 0.9140; More…. While USD/CHF’s pull back from 0.9151 extended lower, down side is supported above 0.8996 support so far. Intraday bias remains neutral and further rally is expected. Read more…
Daily Pivots: (S1) 154.18; (P) 154.43; (R1) 154.90; More… USD/JPY’s correction from 154.77 extended lower to 153.58 but recovered just ahead of 55 4H EMA (now at 153.56). Intraday bias remains neutral first. On the Read more…
Daily Pivots: (S1) 1.3745; (P) 1.3765; (R1) 1.3788; More… Intraday bias in USD/CAD is turned neutral with current recovery. Corrective pattern from 1.3845 could extend lower. But downside should be contained by 1.3660 support to Read more…
Daily Pivots: (S1) 0.6406; (P) 0.6432; (R1) 0.6446; More… Intraday bias in AUD/USD is back on the downside a recent decline resumes through 0.6388 temporary low. Sustained break of 61.8% projection of 0.6870 to 0.6442 Read more…