EURUSD opened the week with a muted tone, consolidating its rebound off 5½-year lows marginally below the tough resistance trendline drawn from the 1.1494 high and its shorter-term simple moving averages (SMAs) around 1.0580. The Read more…
The USDJPY is trading within a narrow range in early Monday, after a pullback from new multi-year high (136.70) was repeatedly limited by Fibo 23.6% of 126.36/136.70 upleg (134.26) with another positive signal seen on Read more…
Daily Pivots: (S1) 165.06; (P) 165.68; (R1) 166.56; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, decisive break of 168.67 resistance will resume larger up trend. Next near term target Read more…
Daily Pivots: (S1) 141.80; (P) 142.28; (R1) 143.17; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the upside, decisive break of 144.23 will resume larger up trend. On the downside, below 141.39 Read more…
Daily Pivots: (S1) 0.8557; (P) 0.8599; (R1) 0.8624; More… Intraday bias in EUR/GBP remains neutral for the moment, as range trading continues. Further rally is expected with 0.8484 support intact. On the upside, break of Read more…
Daily Pivots: (S1) 1.5153; (P) 1.5217; (R1) 1.5265; More… Intraday bias in EUR/AUD remains neutral at this point. On the upside, sustained break of 1.5354 support turned resistance will indicate medium term bottoming at 1.4318. Read more…
Daily Pivots: (S1) 1.0066; (P) 1.0102; (R1) 1.0154; More…. With 1.0214 resistance intact, further decline is expected in EUR/CHF to retest 0.9970 low. Decisive break there will resume larger down trend. On the upside, however, Read more…
Daily Pivots: (S1) 1.0522; (P) 1.0546 (R1) 1.0581; More… Range trading continues in EUR/USD and intraday bias stays neutral at this point. Further fall is in favor with 1.0786 resistance intact. On the downside, sustained Read more…
Daily Pivots: (S1) 1.2236; (P) 1.2278; (R1) 1.2316; More… Range trading continues in GBP/USD and intraday bias remains neutral. Outlook stays bearish as long as 1.2666 resistance holds. On the downside, break of 1.1932 will Read more…
Daily Pivots: (S1) 0.9523; (P) 0.9578; (R1) 0.9634; More… No change in the view that fall from 1.0048 is still seen as the third leg of the consolidation pattern from 1.0063. Strong support should be Read more…