Category: Cryptocurrencies

The Australian dollar remains at the back foot and extends pullback from Oct 27 recovery high at 0.6522, into third consecutive day, pressured by renewed risk aversion. Violation of pivotal Fibo support at 0.6387 (38.2% Read more…

We expect the Bank of England (BoE) to hike the Bank Rate by 75bp on Thursday 3 November, but in our view it is a close call between 50bp and 75bp. We keep the rest Read more…

AUD/USD is down for a third straight day. The Australian dollar is trading at 0.6383, down o.46%. Will RBA deliver a 0.50% hike? The RBA kicks off a busy week of central bank decisions when Read more…

Daily Pivots: (S1) 146.36; (P) 147.11; (R1) 148.23; More… USD/JPY rebounds notably today but stays below 149.69 resistance. Intraday bias remains neutral first. Another fall could be seen, but downside should be contained by 38.2% Read more…

Daily Pivots: (S1) 0.9901; (P) 0.9941; (R1) 0.9998; More… Intraday bias in USD/CHF stays neutral first. Break of 1.0030 minor resistance will suggest that pull back from 1.0146 has completed at 0.9840. Bias will be Read more…

Daily Pivots: (S1) 1.1538; (P) 1.1581; (R1) 1.1658; More… GBP/USD is staying in consolidation below 1.1644 and intraday bias remains neutral. Further rise is expected as long as 1.1256 minor support holds. On the upside, Read more…

Daily Pivots: (S1) 0.9930; (P) 0.9964; (R1) 1.0001; More… Intraday bias in EUR/USD remains neutral for the moment. Further rise is in favor as long as 0.9847 minor support holds. Break of 1.0092 will target Read more…

Dollar rebounds broadly today as US futures turn south, pointing to a lower open. Yen is back under some selling pressure. But Euro is also weak despite stronger than expected consumer inflation data, while Sterling Read more…