Daily Pivots: (S1) 0.9566; (P) 0.9590; (R1) 0.9620; More… Intraday bias in EUR/CHF is turned neutral first with current recovery. Another fall is mildly in favor as long as 0.9613 resistance holds. Below 0.557 will Read more…
Daily Pivots: (S1) 1.3562; (P) 1.3590; (R1) 1.3609; More…. Intraday bias in USD/CAD remains mildly on the downside and outlook is unchanged. While pull back from 1.3784 could extend lower, outlook will stay bullish as Read more…
Daily Pivots: (S1) 0.6404; (P) 0.6419; (R1) 0.6446; More… Intraday bias in AUD/USD stays neutral and outlook is unchanged. While recovery from 0.6284 could extend higher, outlook will stay bearish as long as 0.6500 resistance Read more…
Daily Pivots: (S1) 148.21; (P) 148.66; (R1) 149.15; More… Intraday bias in USD/JPY stays neutral as consolidation form 150.15 is still extending. On the downside, below 148.24 minor support will turn bias to the downside Read more…
Daily Pivots: (S1) 0.9026; (P) 0.9055; (R1) 0.9075; More…. No change in USD/CHF’s outlook and intraday bias stays on the downside. Corrective fall from 0.9243 could extend further to 38.2% retracement of 0.8551 to 0.9243 Read more…
Daily Pivots: (S1) 1.0567; (P) 1.0593; (R1) 1.0632; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral first. On the upside, firm break of 1.0616 resistance will confirm short term bottoming, and turn Read more…
Daily Pivots: (S1) 1.2235; (P) 1.2263; (R1) 1.2314; More GBP/USD’s break of 1.2270 resistance suggests that a short term bottom was already formed at 1.2036, after hitting 1.2075 fibonacci level. Intraday bias is back on Read more…
Sterling has emerged as the predominant force in today’s currency market, a surge attributed to the dramatic escalation in UK gas prices, which have ascended to their peak since June. Concerns about potential sabotage exacerbating Read more…
Key Highlights Gold price opened higher this week amid rising Israeli–Palestinian tensions. It broke a major bearish trend line with resistance near $1,850 on the 4-hour chart. Crude oil prices also soared and retested the Read more…
In a speech, RBA Assistant Governor, Chris Kent, indicated that while the effects of previous monetary tightening have not yet been fully realized, “some further tightening ” might be on the horizon to keep inflation Read more…