Category: Cryptocurrencies

Daily Pivots: (S1) 0.9669; (P) 0.9702; (R1) 0.9735; More… Intraday bias in EUR/USD remains on the downside for retesting 0.9534 low. Firm break there will resume larger down trend for 100% projection of 1.0368 to Read more…

Daily Pivots: (S1) 1.0971; (P) 1.1052; (R1) 1.1181; More… GBP/USD’s recover and break of 1.1178 minor resistance argues that pull back from 1.1494 might have completed at 1.0922. Intraday bias is back on the upside Read more…

Daily Pivots: (S1) 0.9938; (P) 0.9971; (R1) 1.0011; More… USD/CHF’s rally resumed after brief consolidation and intraday bias is back on the upside. Decisive break of 1.0063 will confirm larger up trend resumption. Next target Read more…

Daily Pivots: (S1) 146.09; (P) 146.53; (R1) 147.33; More… USD/JPY’s rally continues and is in proximity to 147.68 long term resistance. Break there will target 149.26 projection, and possibly to 150 psychological level. nevertheless, break Read more…

Daily Pivots: (S1) 1.3775; (P) 1.3803; (R1) 1.3845; More… USD/CAD’s rally re-accelerates again and met 161.8% projection of 1.2005 to 1.2947 from 1.2401 at 1.3925. Initial bias stays on the upside. Sustained trading above 1.3925 Read more…

In our CPI preview report, we noted that a hotter-than-expected US inflation reading, especially on the more predictive “core” (ex-food and -energy) reading, could put the proverbial nail in the coffin for another 75bps interest Read more…

Daily Pivots: (S1) 0.6242; (P) 0.6271; (R1) 0.6305; More… AUD/USD’s decline extends today and intraday bias remains on the downside. Next target is 100% projection of 0.7660 to 0.6680 from 0.7135 at 0.6155. Firm break Read more…