EUR/USD is starting the final week of January with a decline towards 1.1320. The American currency is in demand due to investors’ interest in “safe haven” assets: the external background is looking rather pessimistic. This Read more…
Daily Pivots: (S1) 0.8332; (P) 0.8354; (R1) 0.8393; More… EUR/GBP’s break of 0.8377 resistance indicates short term bottoming at 0.8304, on bullish convergence condition in 4 hour MACD, ahead of 0.8276 low. Intraday bias is Read more…
Daily Pivots: (S1) 1.1309; (P) 1.1335; (R1) 1.1368; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Price action from 1.1185 are seen as corrective move. Break of 1.1284 will argue that larger Read more…
Daily Pivots: (S1) 1.3532; (P) 1.3567; (R1) 1.3589; More… GBP/USD’s break of 1.3489 support and 55 day EMA dampened our original bullish view. Rebound from 1.3158 is completed at 1.3748, and larger fall from 1.4282 Read more…
Daily Pivots: (S1) 0.9095; (P) 0.9134; (R1) 0.9161; More…. Range trading continues in USD/CHF and intraday bias remains neutral first. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 Read more…
Daily Pivots: (S1) 113.49; (P) 113.82; (R1) 114.04; More… Intraday bias in USD/JPY remains on the downside and outlook is unchanged. Considering bearish divergence condition in in daily MACD, it’s probably already in correction to Read more…
Daily Pivots: (S1) 1.2527; (P) 1.2558; (R1) 1.2616; More… USD/CAD’s rebound from 1.2448 extends higher today. Break of 1.2619 support argues that pull back from 1.2963 has completed with three waves down to 1.2448. Intraday Read more…
Geopolitical tensions drive safe-haven demand Fears of an imminent Russian-Ukrainian conflict rattled the markets on Monday after both the US and the UK have reportedly started to withdraw families from their embassies in Kiev. The Read more…
Snap shares tumbled after analysts at Wedbush cut their rating and price target on the message app maker. Snap (SNAP) – Get Snap, Inc. Class A Report shares slumped lower Monday after analysts at Wedbush cut Read more…
Daily Pivots: (S1) 0.7155; (P) 0.7193; (R1) 0.7213; More… AUD/USD’s break of 0.7128 support dampens our original bullish view and indicates that corrective rebound from 0.6992 has completed at 0.7313. Intraday bias is back on Read more…