AUDUSD hovered quietly near Wednesday’s closing price of 0.6757 during Thursday’s early European trading hours after negligibly rotating at the two-year low of 0.6710. The penetrated support line drawn from the August 2021 low of 0.7105 is Read more…
The USDJPY accelerated higher in Asia/early Europe on Thursday, gaining over 1% and hitting new 24-year high, lifted by expectations for another big rate hike by Fed, as well as increased safe-haven demand on growing Read more…
EUR/USD On Wednesday, the day started calmly with low volumes and low volatility even around the opening of the European session. Everyone was looking forward to the June 2022 US inflation data which came out Read more…
Daily Pivots: (S1) 162.47; (P) 163.30; (R1) 164.23; More… Intraday bias in GBP/JPY remains neutral first. On the upside, firm break of 165.26 minor resistance will argue that corrective pattern from 168.67 has completed. Further Read more…
Daily Pivots: (S1) 137.30; (P) 138.05; (R1) 138.97; More…. Intraday bias in EUR/JPY stays neutral first. On the upside, firm break of 139.78 minor resistance will argue that pull back from 144.26 has completed at Read more…
Daily Pivots: (S1) 0.8423; (P) 0.8453; (R1) 0.8474; More… Intraday bias in EUR/GBP is turned neutral with current recovery, but further decline is expected as long as 0.8552 minor resistance holds. Rebound from 0.8201 should Read more…
Daily Pivots: (S1) 1.4809; (P) 1.4862; (R1) 1.4937; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Further decline is in favor with 1.5043 minor resistance intact. Decisive break of 1.4759 support should Read more…
Daily Pivots: (S1) 0.9807; (P) 0.9846; (R1) 0.9884; More…. EUR/CHF is losing some downside momentum as seen in 4 hour MACD. But further decline is still in favor with 0.9953 minor resistance intact. Current down Read more…
Daily Pivots: (S1) 1.2988; (P) 1.3019; (R1) 1.3055; More… Range trading continues in USD/CAD and intraday bias remains neutral. Further rise is mildly in favor with 1.2818 support intact. On the upside, break of 1.3082 Read more…
Daily Pivots: (S1) 0.6721; (P) 0.6762; (R1) 0.6799; More… AUD/USD is losing some downside momentum. But further decline is expected with 0.6873 resistance intact. Current down trend from 0.8006 should target next fibonacci level at Read more…