Gold optimism started to shine again after the creation of a bullish hammer candlestick on Friday, which succeeded the sharp bounce on May’s bottom of $1,786/ounce. The price is currently pushing for a higher close slightly above Read more…
EUR/USD looks to PPI & investor sentiment figures EUR/USD is holding steady in quiet trade after steep losses last week. The pair dropped 1.2% last week after Fed Powell pledged to hike rates even if Read more…
The AUDUSD edges higher in early Monday after 1.2% drop on Friday, when the pair broke below previous low at 0.6828 (May 12) and hit new two-year low at 0.6815. Friday’s close below 0.6828 low Read more…
The Aussie Dollar started a fresh decline from the 0.6920 zone against the US Dollar. The AUD/USD pair traded below the 0.6850 support to move into a bearish zone. It tested the 0.6760 zone on Read more…
Daily Pivots: (S1) 161.68; (P) 163.50; (R1) 165.42; More… Intraday bias in GBP/JPY stays mildly on the downside for 159.97 support. Firm break there will raise the chance of rejection by 167.93 long term fibonacci Read more…
Daily Pivots: (S1) 139.75; (P) 141.09; (R1) 142.38; More…. Intraday bias in EUR/JPY stays mildly on the downside for 137.83 support first. Sustained break there will raise the chance of rejection by 144.06 long term Read more…
Daily Pivots: (S1) 1.5181; (P) 1.5290; (R1) 1.5406; More… Intraday bias in EUR/AUD is turned neutral with current retreat. Further rise is expected with 1.5059 support intact. Sustained trading above 1.5343 resistance should indicate medium Read more…
Daily Pivots: (S1) 0.8592; (P) 0.8635; (R1) 0.8665; More… Intraday bias in EUR/GBP remains neutral for the moment. As long as 0.8484 support holds, further rise is in favor. Break of 0.8720 and sustained trading Read more…
Daily Pivots: (S1) 0.9975; (P) 1.0009; (R1) 1.0039; More…. Intraday bias in EUR/CHF remains neutral for consolidation above 0.9943 temporary low. On the downside, sustained trading below 0.9970 will resume larger down trend for 0.9650 Read more…
Daily Pivots: (S1) 1.2845; (P) 1.2906; (R1) 1.2945; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.2818 minor support will resume the fall from 1.3077 towards 1.2516 support Read more…