Short term Elliott Wave View in Silver (XAGUSD) suggests the rally from 9.28.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 9.28.2022 low, wave 1 ended at 21.24 and pullback Read more…
Markets US CPI eased more than expected in November to 7.1% headline and 6% core inflation. The downside surprise was no more than 2 and 1 hundreds of a percent respectively but it mattered for Read more…
Daily Pivots: (S1) 166.76; (P) 168.02; (R1) 168.94; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. On the upside, above 169.26 will bring retest of 172.11 high. However, break of 167.09 Read more…
Daily Pivots: (S1) 143.34; (P) 144.34; (R1) 145.17; More…. Intraday bias in EUR/JPY is turned neutral again with current retreat. Outlook is unchanged that correction from 148.38 could have completed at 140.75. Above 145.33 will Read more…
Daily Pivots: (S1) 0.8571; (P) 0.8588; (R1) 0.8614; More… EUR/GBP is staying in consolidation from 0.8545 and intraday bias remains neutral. Further decline is expected with 0.8674 resistance intact. Break of 0.8545 will resume the Read more…
Daily Pivots: (S1) 1.5426; (P) 1.5530; (R1) 1.5616; More… Intraday bias in EUR/AUD remains neutral as corrective pattern from 1.5747 is extending. As long as 1.5271 support holds, further rally is expected. On the upside, Read more…
Daily Pivots: (S1) 0.9838; (P) 0.9871; (R1) 0.9908; More…. EUR/CHF is still extending the sideway consolidation from 0.9953 and intraday bias remains neutral. On the upside, firm break of 0.9953 resistance will resume larger rally Read more…
Daily Pivots: (S1) 1.0549; (P) 1.0612; (R1) 1.0695; More… Intraday bias in EUR/USD stays on the upside for the moment. Current rally from 0.9534 should target 61.8% projection of 0.9729 to 1.0481 from 1.0289 at Read more…
Daily Pivots: (S1) 1.2262; (P) 1.2353; (R1) 1.2457; More… Intraday bias in GBP/USD stays on the upside for the moment. Current rally from 1.0351 should target 1.2759 medium term fibonacci level next. For now, outlook Read more…
Daily Pivots: (S1) 0.9220; (P) 0.9297; (R1) 0.9363; More… Intraday bias in USD/CHF remains on the downside at this point. Current fall from 1.0146 should target 61.8% projection of 1.0146 to 0.9355 from 0.9545 at Read more…