Daily Pivots: (S1) 1.5055; (P) 1.5110; (R1) 1.5168; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, break of 1.4882 support will reaffirm that case that corrective rebound from 1.4318 has Read more…
Daily Pivots: (S1) 1.0255; (P) 1.0282; (R1) 1.0316; More…. Intraday bias in EUR/CHF stays neutral at this point. Outlook is unchanged that corrective rebound from 0.9970 should have completed with three waves up to 1.0513, Read more…
Daily Pivots: (S1) 1.2744; (P) 1.2796; (R1) 1.2824; More… Intraday bias in USD/CAD remains neutral and outlook is unchanged. Further rise is mildly in favor with 1.2712 support intact. On the upside, above 1.2884 will Read more…
Daily Pivots: (S1) 0.7068; (P) 0.7089; (R1) 0.7121; More… AUD/USD’s rebound from 0.6828 resumed after brief retreat. Intraday bias is back on the upside for 55 day EMA (now at 0.7173). Break there will target Read more…
Daily Pivots: (S1) 126.56; (P) 127.07; (R1) 127.59; More… USD/JPY’s correction from 131.34 could still extend lower. But downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to Read more…
Daily Pivots: (S1) 0.9570; (P) 0.9602; (R1) 0.9620; More… No change in USD/CHF’s outlook. While further decline cannot be ruled out, downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to Read more…
Daily Pivots: (S1) 1.0685; (P) 1.0709 (R1) 1.0755; More… EUR/USD’s rebound from 1.0348 resumed after brief retreat. Intraday bias is back on the upside. Firm break of 55 day EMA (now at 1.0758 will target Read more…
EUR/USD The euro continues to demonstrate compelling strength versus the U.S. dollar and gained ground against the greenback, reaching the resistance at 1.0730. At the time of writing, the bulls are struggling to overcome this Read more…
On Thursday, Bitcoin was down 1.1%, ending the day at around $29.5K, despite a buoyant stock market performance. Selling resumed on Friday morning, pushing the price back to $28.9K. The observed divergence is bucking the Read more…
US indices gained for the second day as the FOMC minutes helped improving the investor mood. Fed minutes released on Wednesday weren’t as hawkish as many investors feared: the Fed deciders mostly agreed that inflation Read more…