Daily Pivots: (S1) 1.6502; (P) 1.6565; (R1) 1.6625; More… Range trading continues in EUR/AUD and intraday bias remains neutral. With 1.6650 resistance intact, fall from 1.7062 is still expected to continue. Below 1.6446 minor support Read more…
Daily Pivots: (S1) 0.9610; (P) 0.9629; (R1) 0.9645; More… Intraday bias in EUR/CHF stays neutral and outlook is unchanged. Another rally is still mildly in favor as long as 0.9617 support holds. Above 0.9691 will Read more…
Daily Pivots: (S1) 1.0517; (P) 1.0534; (R1) 1.0569; More… EUR/USD is staying in consolidation from 1.0447 and intraday bias remains neutral. Outlook will stay bearish as long as 1.0616 resistance holds. Break of 1.0477 will Read more…
Daily Pivots: (S1) 1.2135; (P) 1.2166; (R1) 1.2223; More… GBP/USD’s consolidation from 1.2036 is still in progress and intraday bias remains neutral. Outlook will stay bearish as long as 1.2270 resistance holds. Break of 1.2026 Read more…
Daily Pivots: (S1) 0.9103; (P) 0.9142; (R1) 0.9164; More…. USD/CHF is extending the consolidation from 0.9243 and intraday bias remains neutral. Near term outlook will stay bullish as long as 0.9089 support holds. On the Read more…
Daily Pivots: (S1) 148.14; (P) 148.63; (R1) 149.01; More… USD/JPY is extending the consolidation from 150.15 and intraday bias remains neutral. On the downside, below 147.28 will turn bias to the downside for deeper pull Read more…
Daily Pivots: (S1) 0.6294; (P) 0.6318; (R1) 0.6350; More… Intraday bias in AUD/USD stays neutral at this point, and consolidation from 0.6284 could extend further. Outlook will stay bearish as long as 0.6500 resistance holds. Read more…
Key insights from the week that was. This week, the RBA decided to leave policy unchanged for a fourth consecutive month. Given that it was Governor Bullocks’s first meeting at the helm, market participants were Read more…
On a national level, a debt crisis occurs when a country is unable to pay back its government debt. This might result from government spending exceeding tax revenues for an extended period. On an individual Read more…
Daily Pivots: (S1) 1.3678; (P) 1.3731; (R1) 1.3759; More…. Despite edging higher to 1.3784, USD/CAD quickly retreated back into established range. Intraday bias remains neutral and some more consolidations could be seen. While deeper pull Read more…