Daily Pivots: (S1) 1.5534; (P) 1.5606; (R1) 1.5662; More… Intraday bias in EUR/AUD remains neutral for the moment. But further rally is expected as long as 1.5271 support holds. On the upside, firm break of Read more…
Daily Pivots: (S1) 0.9865; (P) 0.9883; (R1) 0.9902; More…. No change in EUR/CHF’s outlook as sideway trading from 0.9953 is still extending. Intraday bias remains neutral for the moment. On the upside, firm break of Read more…
The S&P 500 edged higher after US jobless claims rose moderately last week . The index has struggled in the supply zone (4130) from last September. The tumble below the base of the previous bullish Read more…
The Japanese yen weakens as the BoJ remains resolutely dovish. The pair has seen increasing pressure after it broke below October’s low of 141.00. 144.70 at the start of the previous bearish push is a Read more…
The New Zealand dollar treads water ahead of the Fed’s policy meeting. The pair hit resistance right under August’s high of 0.6460. Profit-taking from short-term buyers compounds selling from those who believe in a bear Read more…
Daily Pivots: (S1) 1.3540; (P) 1.3615; (R1) 1.3668; More…. Intraday bias in USD/CAD is turned neutral but further rally is still in favor. Correction from 1.3976 could have completed with three waves down to 1.3224. Read more…
Daily Pivots: (S1) 0.6719; (P) 0.6750; (R1) 0.6801; More… Intraday bias in AUD/USD stays neutral as range trading continues. On the downside, break of 0.6641 support should indicate short term topping, following rejection by 0.6871 Read more…
Daily Pivots: (S1) 136.21; (P) 136.72; (R1) 137.20; More… Breach of 135.95 minor support suggests rejection by 4 hour 55 EMA. Intraday bias in USD/JPY is back on the downside for retesting 133.61 low. Firm Read more…
Daily Pivots: (S1) 0.9329; (P) 0.9378; (R1) 0.9412; More… Intraday bias in USD/CHF remains neutral with focus on 0.9325 support. Firm break there will resume larger decline to 0.9287 fibonacci level. On the upside, however, Read more…
Daily Pivots: (S1) 1.2178; (P) 1.2213; (R1) 1.2271; More… GBP/USD is still bounded in range trading below 1.2343 and intraday bias remains neutral at this point. Further rise remains mildly in favor as long as Read more…