The British pound is almost unchanged today, as GBP/USD trades at the 1.2000 line. UK inflation hits new 40-year high UK inflation rose in June to its highest level since 1982, as the cost-of-living crisis Read more…
The British Pound started a decent recovery wave from the 1.1820 zone against the US Dollar. The GBP/USD pair climbed above the 1.1950 resistance to move into a positive zone. The pair even climbed above Read more…
The sell-off of the USD resumed yesterday as stocks found support with a “turnaround Tuesday” price action. We see commodity currencies very strong across the board, with room for further gains after retracement. However, EUR Read more…
Daily Pivots: (S1) 164.16; (P) 165.13; (R1) 166.08; More… Intraday bias in GBP/JPY remains on the upside for the moment. Consolidation from 168.67 should have completed with three waves to 160.37. Further rally should be Read more…
Daily Pivots: (S1) 140.20; (P) 140.82; (R1) 141.95; More…. Intraday bias sin EUR/JPY remain son the upside for the moment. Consolidation pattern from 144.23 should have completed with three waves to 136.85. Further rally should Read more…
Daily Pivots: (S1) 0.8487; (P) 0.8513; (R1) 0.8550; More… Intraday bias in EUR/GBP stays neutral for the moment. On the upside break of 0.8552 resistance will suggest that pull back from 0.8720 has completed. That Read more…
Daily Pivots: (S1) 1.4783; (P) 1.4844; (R1) 1.4882; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Further decline is in favor with 1.5043 resistance intact. On the downside, decisive break of 1.4759 Read more…
Daily Pivots: (S1) 0.9889; (P) 0.9918; (R1) 0.9937; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. On the upside, break of 0.9953 minor resistance will suggests short term bottoming at 0.9804, on Read more…
Daily Pivots: (S1) 1.0142; (P) 1.0205; (R1) 1.0291; More… Intraday bias in EUR/USD remains mildly on the upside. Rebound from 0.9951 short term bottom is in progress for 1.0348 support turned resistance. Break there will Read more…
Daily Pivots: (S1) 1.1933; (P) 1.1989; (R1) 1.2053; More… Intraday bias in GBP/USD remains neutral for the moment. Focus remains on 1.2055 minor resistance. Firm break there will confirm short term bottoming at 1.1759. Bias Read more…