Daily Pivots: (S1) 1.6146; (P) 1.6225; (R1) 1.6283; More.. EUR/AUD’s decline is resuming by breaching 1.6137 and intraday bias is back on the downside for 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. Read more…
Daily Pivots: (S1) 0.9245; (P) 0.9298; (R1) 0.9341; More… Intraday bias in EUR/CHF is turned neutral with current recovery, and some more consolidations would be seen above 0.9252. But further decline is expected as long Read more…
EURUSD in the red again today after making a new 5-month high The key resistance area at 1.1032 is playing a key role in this move Momentum indicators signal that the current bullish move has Read more…
Auld Lang Syne to 2023 and welcome 2024! Here is a recap of the key highlights that shocked global markets in 2023 and the potential emerging themes to look out for in 2024 as well Read more…
In focus today We wish our readers a Happy New Year on this first trading day of 2024. Today’s calendar looks light with the most important data release being the Eurozone M3 measure of money Read more…
Daily Pivots: (S1) 0.6779; (P) 0.6812; (R1) 0.6845; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, decisive break of 0.6894 resistance will extend the rally from 0.6269 towards 0.7156 key Read more…
Daily Pivots: (S1) 1.3196; (P) 1.3230; (R1) 1.3283; More… Intraday bias in USD/CAD stays neutral at this point and some more consolidations could be seen. On the downside, break of 1.3176 will resume the fall Read more…
Daily Pivots: (S1) 140.58; (P) 141.25; (R1) 141.69; More… USD/JPY continues to lose downside momentum as seen in 4H MACD. But further decline will remain in favor as long as 142.84 minor resistance holds. Current Read more…
Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More…. USD/CHF is staying in consolidation from 0.8332 and intraday bias remains neutral at this point. Stronger recovery cannot be ruled out, but outlook will stay bearish Read more…
Daily Pivots: (S1) 1.2698; (P) 1.2735; (R1) 1.2770; More… GBP/USD is staying in consolidation from 1.2826 and intraday bias stays neutral at this point. With 1.2611 support intact, further rally is in favor. On the Read more…