Category: Cryptocurrencies

Daily Pivots: (S1) 1.0613; (P) 1.0704; (R1) 1.0757; More… EUR/USD drops sharply today but stays above 1.0481 resistance turned support. Intraday bias remains neutral first. On the downside, break of 1.0481 will confirm short term Read more…

Daily Pivots: (S1) 0.9213; (P) 0.9238; (R1) 0.9272; More… USD/CHF rebounds notably today and break of 0.9341 resistance suggests short term bottoming at 0.9199, on bullish convergence condition in 4 hour MACD. Intraday bias is Read more…

Daily Pivots: (S1) 130.50; (P) 130.79; (R1) 130.96; More… Intraday bias in USD/JPY remains on the downside for the moment. Current decline from 151.93 is in progress. Firm break of 61.8% projection of 148.44 to Read more…

Daily Pivots: (S1) 1.2016; (P) 1.2065; (R1) 1.2096; More… GBP/USD’s decline from 1.2445 resumed today by breaking through 1.1991. Intraday bias is back on the downside. Firm break of 55 day EMA (now at 1.1925 Read more…

Dollar rises broadly in the early part of European session for now apparent reason. Risk sentiment is so far positive with rallies in major European indexes and US futures. US benchmark yield is actually falling. Read more…

Natural gas under the bearish pressure Likely to fall to support level 3.630 Natural gas under the bearish pressure after the earlier breakout of the support trendline of the wide down channel from the middle Read more…

CHFJPY broke support level 141.00 Likely to fall to support level 138.00 CHFJPY continues to fall after the earlier breakout of the key support level 141.00 (which stopped the previous sharp impulse wave 1 in Read more…

The US dollar is showing strong gains against the majors on Tuesday, with the exception of the Japanese yen. EUR/USD has tumbled by 1.27% and is trading at 1.0528 in Europe. Investors eye German CPI Read more…