Gold retreats below the 1,900 handle to its lowest level in a month Decline shows no signs of easing, while widening Bollinger bands point to high volatility Momentum indicators deep in their oversold territories, hinting Read more…
EUR/USD started a fresh decline below the 1.0615 support. USD/CHF is rising and might aim a move toward the 0.9220 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the Read more…
Market Picture Despite the storm in the equity markets, the crypto market remains subdued, losing only 0.3% in 24 hours to $1.045 trillion. The Crypto Market Fear and Greed Index is dipping into “fear” territory. Read more…
EURUSD hit new multi-month low early Wednesday and showing scope for further weakness after break of pivotal Fibo support at 1.0611 (38.2% of 0.9535/1.1275) generated fresh bearish signal. Bears cracked next strong support at 1.0553 Read more…
USDJPY marks new higher highs The current state may be close to overbought territory Bulls need a durable move above 149.00 USDJPY managed to keep a footing within a short-term ascending channel and softly rise to a Read more…
NZDUSD continues to hover around the 0.5920 level Last week’s key events did not result in a new trend in NZDUSD The momentum indicators have taken a back seat at this stage NZDUSD is trading Read more…
Daily Pivots: (S1) 180.90; (P) 181.39; (R1) 181.72; More… Intraday bias in GBP/JPY remains neutral for the moment, as consolidation from 180.78 is extending. With 183.34 resistance intact, further decline is expected. On the downside, Read more…
Daily Pivots: (S1) 157.30; (P) 157.61; (R1) 157.91; More…. Sideway trading continues in EUR/JPY above 156.57 support and intraday bias remains neutral. Risk stays on the downside with 158.64 resistance intact. On the downside, break Read more…
Daily Pivots: (S1) 0.8662; (P) 0.8682; (R1) 0.8695; More…. Focus stays on 0.8700 resistance in EUR/GBP. Decisive break there carry larger bullish implication and bring stronger rally to 0.8874 resistance next. Nevertheless, rejection by this Read more…
Daily Pivots: (S1) 1.6444; (P) 1.6518; (R1) 1.6562; More… EUR/AUD is still extending the sideway pattern from 1.6452 and intraday bias remains neutral. Deeper decline is expected with 1.6793 resistance intact. On the downside, break Read more…