Trading in the US equities remains hectic, unpredictable and full of surprises. The escalating tensions in the Ukrainian border, Biden threatening Putin with personal sanctions, IMF cutting the US and Chinese growth outlooks, combined to Read more…
Market movers today Today’s highlight will be the FOMC meeting. We expect Fed to keep policy rates unchanged, but reinforce signals for a March hike. As it is one of the interim meetings, no updated Read more…
Daily Pivots: (S1) 1.1268; (P) 1.1298; (R1) 1.1334; More… Intraday bias in EUR/USD remains mildly on the downside. Corrective rebound from 1.1185 should have completed at a.1482. Deeper fall would be seen back to 1.1185 Read more…
Daily Pivots: (S1) 1.3455; (P) 1.3487; (R1) 1.3537; More… GBP/USD recovered after dropping to 1.3435 and intraday bias is turned neutral first. As noted before, rebound from 1.3158 could have completed at 1.3748 already. More Read more…
Daily Pivots: (S1) 0.9114; (P) 0.9136; (R1) 0.9164; More…. Intraday bias in USD/CHF remains neutral as range trading continues. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 has Read more…
Daily Pivots: (S1) 113.63; (P) 113.89; (R1) 114.12; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. As noted before, considering bearish divergence condition in in daily MACD, it’s probably already in correction Read more…
Daily Pivots: (S1) 0.7125; (P) 0.7149; (R1) 0.7175; More… Intraday bias in AUD/USD remains neutral first. Risk will stay on the downside as long as 0.7313 resistance holds. Corrective rebound from 0.6992 should have completed Read more…
Daily Pivots: (S1) 1.2595; (P) 1.2632; (R1) 1.2666; More… Intraday bias in USD/CAD is turned neutral as it retreated after hitting 1.2700. Another rise is mildly in favor as long as 1.2553 minor support holds. Read more…
Daily Pivots: (S1) 128.23; (P) 128.71; (R1) 129.18; More…. A temporary low is formed at 128.23 and intraday bias in EUR/JPY is turned neutral first. Outlook is unchanged that consolidation pattern from 134.11 is extending Read more…
DXY: On the H4 timeframe, prices are on bullish momentum and consolidating in a triangle. We would expect potentially a bounce from our 1st support at 95.878 in line with 23.6% Fibonacci retracement and 127.2% Read more…