Category: Cryptocurrencies

Daily Pivots: (S1) 1.0582; (P) 1.0621; (R1) 1.0662; More… Sideway trading continues in EUR/USD and intraday bias stays neutral. Further rally is expected as long as 1.0481 resistance turned support holds. Firm break of 61.8% Read more…

Daily Pivots: (S1) 1.2106; (P) 1.2165; (R1) 1.2244; More… Intraday bias in GBP/USD remains neutral first. Risk stays on the downside with 1.2445 resistance intact. Below 1.2084 will resume the fall from 1.2445 to 55 Read more…

Daily Pivots: (S1) 129.04; (P) 133.26; (R1) 135.95; More… No change in USD/JPY’s outlook and intraday bias stays on the downside, with immediate focus on on 55 week EMA (now at 131.76). Decisive break there Read more…

Daily Pivots: (S1) 0.9233; (P) 0.9271; (R1) 0.9299; More… USD/CHF dips mildly today but stays in range above 0.9214. Intraday bias stays neutral for the moment. Further decline is in favor with 0.9378 resistance intact. Read more…

The markets appear to be back in risk-on mode as seen in major European indexes and US futures. Aussie is recovering notably, followed by Swiss Franc. But New Zealand Dollar is the weakest for the Read more…

Canada CPI slowed from 6.9% yoy to 6.8% yoy in November. Excluding food and energy, CPI accelerated from 5.3% yoy to 5.4% yoy. On a monthly basis, CPI rose 0.1% mom, much slower than October’s Read more…

Bulls are consolidating under one-week high ($1821) posted after a 1.7% rally on Tuesday, with near-term action being biased higher, though bulls face headwinds and the action remains congested at this zone for the third Read more…

The US Dollar started a fresh decline from the 138.00 resistance zone against the Japanese Yen. The USD/JPY pair traded below the 136.00 level to move into a bearish zone. There was a clear move Read more…

The US dollar fell sharply against the yen on the back of the BoJ surprise, but it has managed to hold its own relatively better against other currencies in what has been a quiet week Read more…