Daily Pivots: (S1) 0.9896; (P) 0.9916; (R1) 0.9951; More…. Intraday bias in EUR/CHF stays neutral as consolidation from 0.9953 is extending. Another fall cannot be ruled out, but downside should be contained by 0.9798 resistance Read more…
NZDUSD has been trending lower since March, generating a profound structure of lower highs and lower lows. Nevertheless, the pair has posted a moderate recovery and has jumped above its 50-day simple moving average (SMA) after finding its Read more…
Gold prices gained significant buying traction on Tuesday – the largest 4-hour increase of the year –, with the price peaking at a fresh one-month high near 1,717. The positive slope in the RSI and Read more…
Daily Pivots: (S1) 0.9999; (P) 0.9987; (R1) 1.0122; More… Immediate focus is now on 1.0092 resistance in EUR/USD. Firm break there will resume the whole rise from 0.9534. Further rally should then be seen to Read more…
Daily Pivots: (S1) 1.1452; (P) 1.1525; (R1) 1.1621; More… GBP/USD is still bounded in range of 1.1145/1.1644 and intraday bias remains neutral first. On the upside, break of 1.1644 will resume the whole rise from Read more…
Daily Pivots: (S1) 0.9822; (P) 0.9874; (R1) 0.9912; More… USD/CHF’s break of 0.9840 support suggests that a double top pattern was completed. (1.0146, 1.0146). The break of 55 day EMA is also a near term Read more…
Daily Pivots: (S1) 145.01; (P) 145.97; (R1) 146.64; More… USD/JPY’s consolidation from 151.93 is extending and deeper decline could be seen. But downside downside should be contained by 38.2% retracement of 130.38 to 151.93 at Read more…
Daily Pivots: (S1) 0.6450; (P) 0.6501; (R1) 0.6557; More… AUD/USD breached 0.6521 resistance but failed to sustain above there. Intraday remains neutral first. On the upside, decisive break of 0.6521 resistance will now complete a Read more…
USDJPY stretched its November’s losses towards the 50-day simple moving average (SMA) and close to the 145.00 round-level on Tuesday as the US midterm election results started to roll in. The momentum indicators point to Read more…
The FTSE 100 treads water over sluggish prospects for the housing sector. A bullish MA cross on the daily chart suggests an acceleration of the rally. The index is consolidating its gains after lifting offers Read more…