Daily Pivots: (S1) 1.0712; (P) 1.0736; (R1) 1.0759; More… For now, intraday bias in EUR/USD stays mildly on the upside with 1.0659 minor support intact. Current rally from 0.9534 would target 61.8% projection of 0.9630 Read more…
Daily Pivots: (S1) 1.2107; (P) 1.2153; (R1) 1.2195; More… Intraday bias in GBP/USD stays neutral at this point. On the upside, above 1.2208 will resume the rise to retest 1.2445 high. Decisive break there will Read more…
Daily Pivots: (S1) 131.60; (P) 132.04; (R1) 132.68; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral at this point. On the upside, firm break of 134.49 should confirm short Read more…
Daily Pivots: (S1) 0.9198; (P) 0.9225; (R1) 0.9254; More… USD/CHF’s rebound from 0.9165 extends higher today but stays well below 0.9407 resistance. Intraday bias remains neutral and further decline is still in favor. On the Read more…
European stock markets have outperformed so far this year, with the euro also showing relative strength. Investors have been pricing out risks that had been associated with EU markets, including a sharp recession in the Read more…
The euro is drifting on Wednesday, trading at 1.0730. EUR/USD has climbed about 1% this week, and Monday’s high of 1.0760 is its highest level since June 22nd. Can the euro continue to push higher? Read more…
Daily Pivots: (S1) 0.9883; (P) 0.9899; (R1) 0.9922; More…. EUR/CHF’s break of 0.9953 resistance finally confirms resumption of whole rise from 0.9407. Notable support from 55 day EMA is a bullish sign. Intraday bias is Read more…
EUR/CHF is providing some excitement in otherwise dull markets today. The cross finally breaks out from the sideway pattern started back in October. Some buying is also seen in Euro against Sterling and Aussie, but Read more…
Elon Musk looks set to shovel more money into the ‘gigantic money furnace’ of his Austin, Texas-based gigafactory. Tesla (TSLA) – Get Free Report shares moved higher Wednesday after the carmaker filed for permission to expand Read more…
The US Dollar started a fresh decline from the 134.80 resistance zone against the Japanese Yen. The USD/JPY pair traded as low as 131.30 and recently started an upside correction. There was a clear move Read more…