USDCAD posted a triple top around the 18-month high of 1.2960, failing to create a higher high to continue the buying interest. However, the MACD oscillator surpassed its trigger and zero lines, while the RSI Read more…
EUR/USD The bears managed to violate the psychological level at 1.0200, but the pair formed a support zone at 1.0150, which limited the sell-offs. At the time of writing this analysis, the pair is hovering Read more…
Gold looks to NFP Gold continues to trade below 1750 as investors await the US NFP report. Expectations are for 270k jobs to have been added in June, down from 390k in May. The unemployment Read more…
The Euro started a fresh decline below the 1.0300 support zone against the US Dollar. The EUR/USD pair even traded below the 1.0200 level to move into a bearish zone. A low is formed near Read more…
Daily Pivots: (S1) 162.20; (P) 162.91; (R1) 164.23; More… Price actions in GBP/JPY are not too decisive so far. But further fall is in favor with 162.56 minor resistance intact. Firm break of 159.97 support Read more…
Daily Pivots: (S1) 137.78; (P) 138.42; (R1) 138.86; More…. Intraday bias in EUR/JPY stays on the downside at this point. An important top might be formed at 144.26 after rejection by 144.06 long term fibonacci Read more…
Daily Pivots: (S1) 0.8413; (P) 0.8484; (R1) 0.8522; More… EUR/GBP’s break of 0.8484 support argues that rebound from 0.8201 has completed at 0.8720, after rejection by 0.8697 medium term fibonacci level. Intraday bias is back Read more…
Daily Pivots: (S1) 1.4780; (P) 1.4913; (R1) 1.4986; More… Intraday bias in EUR/AUD stays on the downside for 1.4759 support. Sustained break there should confirm rejection by 1.5354 support turned resistance, and argues that larger Read more…
Daily Pivots: (S1) 0.9872; (P) 0.9901; (R1) 0.9929; More…. Further decline is expected in EUR/CHF despite loss of downside momentum. Current down trend should target 0.9650 long term projection level. On the upside, break of Read more…
Daily Pivots: (S1) 1.2935; (P) 1.2995; (R1) 1.3028; 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 1.3077 Read more…