Daily Pivots: (S1) 1.4429; (P) 1.4481; (R1) 1.4527; More… EUR/AUD continues to lose downside momentum. But further fall is still expected with 1.4804 resistance intact, to retest 1.4318 low. Firm break there will resume larger Read more…
Daily Pivots: (S1) 0.9615; (P) 0.9647; (R1) 0.9690; More…. A temporary low is formed at 0.9602 and intraday bias in EUR/CHF is turned neutral first. Upside should be limited well below 0.9948 resistance to bring Read more…
EUR/USD During yesterday’s trading session, the single European currency managed to register some growth and to overcome the nearest resistance at 1.0158. At the time of writing, neither the bears nor the bulls are able Read more…
Daily Pivots: (S1) 1.2806; (P) 1.2868; (R1) 1.2904; More… USD/CAD retreated ahead of 1.2984 resistance and intraday bias is turned neutral first. On the upside, firm break of 1.2984 will argue that corrective fall from Read more…
Daily Pivots: (S1) 0.6997; (P) 0.7018; (R1) 0.7046; More… Intraday bias in AUD/USD is mildly on the downside at this point, for 0.6868 support. Decisive break there will argue that whole rebound from 0.6680 is Read more…
Daily Pivots: (S1) 133.25; (P) 133.96; (R1) 134.97; More… Range trading continues in USD/JPY inside 131.72/135.57 and intraday bias stays neutral first. Overall, corrective pattern from 139.37 will extend further. On the upside, above 135.57 Read more…
Daily Pivots: (S1) 0.9461; (P) 0.9488; (R1) 0.9522; More… USD/CHF’s recovery from 0.9369 is still in progress and intraday bias stays neutral. Upside should be limited well below 0.9648 resistance to bring another fall. On Read more…
UK CPI rose 0.6% mom in July, largest monthly rise between June and July since the start of the series in 1988. The food and non-alcoholic beverages, and transport divisions made the largest upward contributions. Read more…
Daily Pivots: (S1) 1.2031; (P) 1.2075; (R1) 1.2141; More… Intraday bias in GBP/USD remains neutral as it’s still bounded in range of 1.2002/2292. On the downside, break of 1.2002 minor support will argue that rebound Read more…
New Zealand Dollar trades broadly higher after RBNZ’s rate hike today. But trading is mixed in other currencies. Commodity currencies are generally on the soft side for the week, but there is no follow through Read more…