Daily Pivots: (S1) 131.22; (P) 131.71; (R1) 132.16; More…. Intraday bias in EUR/JPY is turned neutral with a temporary top formed at 132.11. Some consolidations could be seen first. But downside should be contained well Read more…
Daily Pivots: (S1) 0.435; (P) 0.8456; (R1) 0.8474; More… Intraday bias in EUR/GBP is turned neutral with current retreat. Some consolidations should be seen before another rally. On the upside, break of 0.8476 will resume Read more…
The price of crude oil is hovering near its highest level in more than 7 years as investors focus on top geographical issues. The biggest issue in the market is Russia and the West. On Read more…
Market movers today Very quiet day on data front, only Swedish industrial production data from December due. Two ECB speakers on the wires, Villeroy (neutral) and de Cos (dove). After last week’s ECB meeting, the Read more…
DXY: On the H4 timeframe, prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our 1st resistance at 95.580 in line with 23.6% Fibonacci retracement Read more…
Daily Pivots: (S1) 0.7082; (P) 0.7106; (R1) 0.7147; More… Intraday bias sin AUD/USD is turned neutral first with current recovery. On the upside, above 0.7167 will resume the rebound to 0.7313 resistance. Firm break there Read more…
Daily Pivots: (S1) 1.2633; (P) 1.2694; (R1) 1.2731; More… Range trading continues in USD/CAD and intraday bias remains neutral first. With 1.2648 minor support intact, further rise is mildly in favor. On the upside, break Read more…
Daily Pivots: (S1) 1.1414; (P) 1.1440; (R1) 1.1465; More… Intraday bias in EUR/USD is turned neutral as it failed to break through 1.1482 resistance for now. A medium term bottom could be in place at Read more…
Daily Pivots: (S1) 1.3499; (P) 1.3527; (R1) 1.3564; More… Range trading continues in GBP/USD and intraday bias remains neutral. On the upside, break of 1.3627 will resume the rebound to 1.3748 resistance. Firm break there Read more…
Daily Pivots: (S1) 0.9218; (P) 0.9240; (R1) 0.9258; More…. Intraday bias in USD/CHF remains neutral as range trading continues. Further rise will remain mildly in favor as long as 0.9090 support holds. break of 0.9372 Read more…