US 30 holds above 61.8% Fibo and SMAs RSI and stochastic suggest bearish correction in near term Only a move above 35,985 would shift broader bias to positive The US 30 (Cash) index has advanced Read more…
EURGBP holds firm bullish tone and extends fresh bullish acceleration into second consecutive day, trading at the highest levels since late April on Thursday morning. The cross gained pace after lower than expected UK inflation Read more…
Daily Pivots: (S1) 187.37; (P) 187.80; (R1) 188.41; More… A temporary top is in place at 188.26 in GBP/JPY and intraday bias is turned neutral for consolidations. Downside should be contained by 55 4H EMA Read more…
Daily Pivots: (S1) 163.45; (P) 163.84; (R1) 164.60; More…. EUR/JPY’s rally continues today and intraday bias stays on the upside. Next near term target is 61.8% projection of 139.05 to 159.75 from 154.32 at 167.11. Read more…
Daily Pivots: (S1) 0.8685; (P) 0.8708; (R1) 0.8727; More…. EUR/GBP’s strong rally and break of 0.8754 confirms resumption of whole rise from 0.8491. Intraday bias is back on the upside. Next target is 61.8% projection Read more…
Daily Pivots: (S1) 1.6612; (P) 1.6688; (R1) 1.6738; More… EUR/AUD recovered quickly after dipping to 1.6631 and intraday bias remains neutral at this point. On the upside, sustained break of 1.6843 will resume the rebound Read more…
Daily Pivots: (S1) 0.9613; (P) 0.9644; (R1) 0.9665; More… A temporary top was formed at 0.9678 in EUR/CHF, ahead of 0.9691 resistance. Intraday bias is turned neutral first. Another rise is expected as long as Read more…
The euro (EUR) corrected throughout Wednesday and lost 0.3% after a substantial rise on Tuesday. Possible effects for traders Strong Retail Sales report and indications of easing inflation bolstered the U.S. dollar, contributing to beliefs Read more…
Markets US eco data yesterday ranged from lower-than-expected PPIs over a decent headline but underlying weak NY manufacturing index to above-consensus retail sales. In the end, markets focused mainly on the latter, allowing yields to Read more…
Daily Pivots: (S1) 1.0752; (P) 1.0820; (R1) 1.0947; More… Intraday bias in EUR/USD is turned neutral with 4H MACD crossed below signal line. Some consolidations would be seen below 1.0886 temporary top first. Downside of Read more…