Daily Pivots: (S1) 1.5290; (P) 1.5349; (R1) 1.5431; More… Immediate focus is now on 1.5425 minor resistance. Firm break there should confirm short term bottoming at 1.5254, after defending 1.5271 key support. Intraday bias will Read more…
Daily Pivots: (S1) 1.0008; (P) 1.0035; (R1) 1.0064; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the downside, break of 0.9986 minor support will turn bias back to the downside, to extend Read more…
EUR/USD falls ahead of EZ GDP data EUR/USD is falling, extending losses from the previous session as investors look digest the latest data from Germany, while looking ahead to the release of eurozone GDP data Read more…
More… EUR/USD dips mildly today but stays above 1.0765 minor support. Intraday bias remains neutral at this point. With 1.0765 support intact, further rally remains in favor. On the upside, break of 1.0928 will resume Read more…
Daily Pivots: (S1) 1.2320; (P) 1.2368; (R1) 1.2400; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the downside, firm break of 1.2252 minor support will turn bias to the downside, and Read more…
Daily Pivots: (S1) 129.58; (P) 130.08; (R1) 130.94; More… Intraday bias in USD/JPY stays neutral for the moment. On the downside, break of 127.20 will resume the whole decline from 151.93 and target 121.43 fibonacci Read more…
Daily Pivots: (S1) 0.9202; (P) 0.9230; (R1) 0.9277; More… Intraday bias in USD/CHF remains neutral for the moment. While recovery from 0.9084 might extend higher, outlook will stay bearish as long as 0.9407 resistance holds. Read more…
Daily Pivots: (S1) 1.3328; (P) 1.3359; (R1) 1.3417; More… USD/CAD’s break of 1.3426 minor resistance suggests short term bottoming at 1.3298, ahead of 1.3224 key support as expected. Intraday bias is back on the upside Read more…
GBPUSD failed several times over the last one-and-a-half months to surpass above the six-month high of 1.2450 and is struggling to create a new high. The pair remains above the medium-term ascending trend line and Read more…
The Dow Jones 30 slips as the market awaits the Fed’s policy guidance. The rally came under pressure in the supply zone around 34100, right under the previous swing high of 34360. A combination of Read more…