Daily Pivots: (S1) 158.78; (P) 159.81; (R1) 161.46; More…. Intraday bias in EUR/JPY remains on the upside at this point. Current rally should target 163.06 projection level next. On the downside, break of 157.67 support Read more…
Daily Pivots: (S1) 0.8686; (P) 0.8720; (R1) 0.8739; More…. EUR/GBP retreated sharply after edging higher to 0.8752 and intraday bias stays neutral first. In case of deeper retreat, downside should be contained by 55 D Read more…
Daily Pivots: (S1) 1.6633; (P) 1.6697; (R1) 1.6753; More… Intraday bias in EUR/AUD remains neutral as sideway trading continues. Further rally is expected as long as 1.6550 support holds. Above 1.6843 will target a test Read more…
Daily Pivots: (S1) 0.9580; (P) 0.9605; (R1) 0.9652; More… EUR/CHF’s rebound from 0.9416 is still in progress and intraday bias stays on the upside. Further rally would be seen to 0.9691 key structural resistance. Firm Read more…
EUR/USD is again moving lower below the 1.0615 support. USD/JPY surged and broke the 151.00 resistance zone. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline below the 1.0675 support Read more…
The US dollar was bid on Tuesday thanks to a rapid selloff in the Japanese yen, after the Bank of Japan (BoJ) announced mini policy loosening steps that didn’t find buyers. Loosening the upper limit Read more…
Market movers today The key market mover today will be the FOMC meeting tonight. We expect the Fed to stay on hold in line with consensus and market expectations, and look for no further hikes Read more…
Daily Pivots: (S1) 1.3829; (P) 1.3860; (R1) 1.3907; More… USD/CAD’s rally resumed after brief retreat and intraday bias is back on the upside. Current rally should target retest on 1.3976. Decisive break there will resume Read more…
Daily Pivots: (S1) 0.6309; (P) 0.6343; (R1) 0.6372; More… Range trading continues in AUD/USD and intraday bias stays neutral. Outlook remains bearish with 0.6398 resistance intact. On the downside, break of 0.6269 will resume larger Read more…
Daily Pivots: (S1) 1.0531; (P) 1.0603; (R1) 1.0648; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, break of 1.0522 support will turn bias back to the downside for retesting 1.0447 Read more…