Daily Pivots: (S1) 0.6551; (P) 0.6577; (R1) 0.6606; More…. Intraday bias in AUD/USD remains neutral for the moment. On the upside, above 0.6618 will bring further rally to 0.6666 resistance. Break there will resume whole Read more…
Daily Pivots: (S1) 1.0803; (P) 1.0826; (R1) 1.0859; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. On the Read more…
Daily Pivots: (S1) 1.2592; (P) 1.2621; (R1) 1.2666; More… Intraday bias in GBP/USD remains neutral for the moment. On the downside, decisive break of 1.2517/38 support zone will suggest that rise from 1.2036 has completed Read more…
Daily Pivots: (S1) 151.04; (P) 151.40; (R1) 151.98; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 150.80 will turn bias back to the downside for deeper pull back Read more…
Daily Pivots: (S1) 0.8988; (P) 0.9029; (R1) 0.9061; More…. USD/CHF is staying in consolidation below 0.9094 and intraday bias remains neutral. Deeper decline cannot be ruled out, but outlook will stay bullish as long as Read more…
As Asian session unfolded, the forex markets have been relatively quiet. Precious metals, on the other hand, are making headlines with Gold soaring above new record high above 2350 mark and Silver also rallies significantly. Read more…
Key Highlights EUR/USD is struggling to rise above the 1.0880 resistance zone. A major bearish trend line is forming with resistance at 1.0875 on the 4-hour chart. GBP/USD is facing many hurdles near the 1.2720 Read more…
Ah, summer time. The sun will be out. The days will be warm and long. For many of us, it’ll be just the time to load up the kids into the family van and head Read more…
Silver’s up trend continues in Asian session today and hits the highest level since mid-2021. For now, near term outlook will stay bullish as long as 26.27 support holds. Next target is 138.2% projection of Read more…
Japan’s nominal labor cash earnings rose by 1.8% yoy in February, aligning with market expectations and marking a 26-month streak of increases. Monthly wages saw 2.0% yoy increase, with regular pay rising by 2.2% yoy. Read more…