GBPJPY pauses its slide from a fresh 8½-year high Broader long-term uptrend remains in place RSI and MACD soften but remain positive GBPJPY has been in a prolonged uptrend since early 2023, posting a fresh 8½-year high of Read more…
AUDUSD sends some encouraging signals But the bulls need to claim the 0.6600 territory US nonfarm payrolls awaited at 13:30 GMT AUDUSD bulls came into action instantly after the price dropped to a more-than-two-month low Read more…
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Daily Pivots: (S1) 185.67; (P) 186.17; (R1) 187.09; More… GBP/JPY rebounded after brief dip to 185.21 and intraday bias is turned neutral first. On the downside, below 185.21 will extend the correction from 188.90 to Read more…
Daily Pivots: (S1) 158.46; (P) 158.83; (R1) 159.59; More… EUR/JPY recovered quickly after dipping to 158.06. Some support is seen from 158.55 resistance turned support and rising channel for now. Intraday bias stays neutral first. Read more…
Daily Pivots: (S1) 0.8515; (P) 0.8537; (R1) 0.8553; More… EUR/GBP is staying in tight range above 0.8512 and intraday bias remains neutral. On the downside, below 0.8521 will resume the fall from 0.8764 to retest Read more…
Daily Pivots: (S1) 1.6453; (P) 1.6529; (R1) 1.6621; More… EUR/AUD failed to break through 1.6671 resistance and retreated sharply. Intraday bias is turned neutral again first. On the upside, decisive break of 1.6671 will revive Read more…
Daily Pivots: (S1) 0.9309; (P) 0.9325; (R1) 0.9342; More… Further decline could be seen in EUR/CHF with 0.9363 minor resistance intact. But strong support is still expected above 0.9252 low to bring rebound. On the Read more…
BoE offered dovish guidance but projected that inflation may run hot again in Q1 2025. GBP has remained the top outperformer major currency against the US dollar. Technical analysis suggests a potential bullish breakout for Read more…
GBP/USD started a fresh increase above the 1.2625 zone. USD/CAD is declining and trading below the 1.3415 support. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound is eyeing more gains above the Read more…