Daily Pivots: (S1) 0.8481; (P) 0.8510; (R1) 0.8528; More… Intraday bias in EUR/GBP remains neutral first. On the upside break of 0.8552 resistance will suggest that pull back from 0.8720 has completed. That will also Read more…
Daily Pivots: (S1) 1.4737; (P) 1.4794; (R1) 1.4836; More… Intraday bias in EUR/AUD stays neutral at this point. On the downside, decisive break of 1.4759 support should confirm that corrective rise from 1.4318 has completed Read more…
Daily Pivots: (S1) 0.9863; (P) 0.9904; (R1) 0.9931; More…. EUR/CHF is still staying in range below 0.9953 minor resistance. Intraday bias remains neutral first. On the upside, break of 0.9953 minor resistance will suggest short Read more…
EURCHF pivoted northwards to re-enter the 0.9900 territory after its latest pullback in the four-hour chart ceased near the 50-period simple moving average (SMA) at 0.9870. There are a couple of bullish signs, which feed optimism Read more…
AUDUSD is carrying on with its rebound from the previous week with better impetus than it had before, within its extending pattern of decline. The price is currently approaching the 0.6900 mark and then the Read more…
EUR/USD The Euro ended its streak of winning days and finished yesterday’s session in the red. The market is in a pullback phase after bottoming around parity. Given the record lows, a deeper correction can Read more…
Three parties in Mario Draghi’s coalition turned their back against him at yesterday’s confidence vote, meaning that Mario Draghi will resign again, today. Draghi’s resignation means early election in fall in Italy, and political chaos Read more…
Thursday is shaping up to be a frisky day for financial markets, but probably nothing today will be more important than when the bell tolls 6. A.M. in Berlin. The official Nord Stream 1 maintenance Read more…
Daily Pivots: (S1) 1.0135; (P) 1.0204; (R1) 1.0252; More… EUR/USD lost some upside momentum after hitting 1.0273 and intraday bias is turned neutral first. On the upside, above 1.0273 will resume the rebound form 0.9951 Read more…
The forex markets are generally steady in Asian session today, with all major pairs and crosses stuck inside yesterday’s range. BoJ’s decision to stand pat on policy triggered little reaction. Instead, focus will turn to Read more…