Category: Cryptocurrencies

Gold is holding steady ahead of the FOMC rate decision. Such a lull is often the prologue to a good move. Gold has been moving in a broad sideways loop of $1680-$2070 after solid gains Read more…

Spot gold is holding within a tight range ahead of week’s key event – Fed rate decision that is expected to influence metal’s near-term outlook. The US Federal Reserve is widely expected to raise interest Read more…

Daily Pivots: (S1) 163.82; (P) 164.40; (R1) 165.31; More… Intraday bias in GBP/JPY remains neutral first. Corrective pattern from 168.67 could still extend further. Below 162.98 minor support will target 160.37. Nevertheless, break of 166.23 Read more…

Daily Pivots: (S1) 137.85; (P) 138.84; (R1) 139.55; More…. Intraday bias in EUR/JPY remains mildly on the downside for the moment. Fall from 142.31 is seen as a falling leg inside the corrective pattern from Read more…

Daily Pivots: (S1) 0.8379; (P) 0.8436; (R1) 0.8466; More… Intraday bias in EUR/GBP stays on the downside. Break of 0.8401 support will resume the whole decline from 0.8720. This will also affirm the case of Read more…

Daily Pivots: (S1) 1.4522; (P) 1.4620; (R1) 1.4683; More… Intraday bias in EUR/AUD stays on the downside at this point. Fall from 1.5396 should target a test on 1.4318 low next. Decisive break there will Read more…

Daily Pivots: (S1) 0.9699; (P) 0.9783; (R1) 0.9826; More…. Intraday bias in EUR/CHF is back on the downside as down trend resumes. Next target is 0.9650 long term projection level. On the upside, break of Read more…

Daily Pivots: (S1) 1.0067; (P) 1.0159; (R1) 1.0209; More… EUR/USD is staying range above 1.0118 minor support and intraday bias stays neutral first. On the downside, firm break of 1.0118 will suggest that rebound from Read more…

Daily Pivots: (S1) 1.1965; (P) 1.2027; (R1) 1.2091; More… Intraday bias in GBP/USD stays neutral for the moment, but further rise is mildly in favor with 1.1888 minor support intact. Above 1.2089 will target 55 Read more…

Daily Pivots: (S1) 0.9609; (P) 0.9638; (R1) 0.9661; More… Intraday bias in USD/CHF stays mildly on the downside with 0.9738 minor resistance intact. Fall from 0.9884 is seen as a falling leg of the consolidation Read more…