Category: Cryptocurrencies

Daily Pivots: (S1) 134.41; (P) 134.99; (R1) 135.62; More… USD/JPY is losing some upside momentum but retreat is so far shallow. Intraday bias stays on the upside and rise from 130.38 should target a test Read more…

Daily Pivots: (S1) 0.9503; (P) 0.9573; (R1) 0.9625; More… Range trading continues in USD/CHF and intraday bias remains neutral first. On the upside, break of 0.9650, and sustained trading above 55 day EMA (now at Read more…

Daily Pivots: (S1) 1.2039; (P) 1.2088; (R1) 1.2129; More… Intraday bias in GBP/USD is turned neutral with current recovery. Outlook is unchanged that rebound from 1.1759 should have completed after hitting 55 day EMA. On Read more…

Daily Pivots: (S1) 1.0161; (P) 1.0192; (R1) 1.0224; More… EUR/USD recovers mildly today but stays in established range. Intraday bias remains neutral first. On the downside, break of 1.0095 minor support will argue that larger Read more…

Euro rises slightly as market sentiments are flip-flopping today. Sterling and Swiss Franc are also trading higher. On the other hand, commodity currencies turn soft with Aussie paring most of recent gains. Dollar and Yen Read more…

NZDJPY broke resistance level 84.70 Likely to rise to resistance level 86.40 NZDJPY today broke the resistance level 84.70 (top of the earlier Shooting Star from the start of this month) intersecting with the 681% Read more…

WTI reversed from support level 88.00 Likely to rise to resistance level 92.30 WTI crude oil recently reversed up from the key support level 88.00 (low of the previous wave 3, which has been reversing Read more…

Welcome to Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s edition, we are getting technical on silver Read more…