Daily Pivots: (S1) 1.4812; (P) 1.4891; (R1) 1.4991; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, break of 1.5053 will resume the rebound from 1.4318, and target 61.8% retracement of Read more…
Daily Pivots: (S1) 1.0354; (P) 1.0403; (R1) 1.0472; More…. Intraday bias in EUR/CHF remains on the upside at this point. Current rise from 0.9970 should target 100% projection of 0.9970 to 1.0086 from 1.0400 at Read more…
Daily Pivots: (S1) 1.0487; (P) 1.0543 (R1) 1.0603; More… Intraday bias in EUR/USD remains neutral as range trading continues. In case of another recovery, upside should be limited by 1.0756 support turned resistance to bring Read more…
Daily Pivots: (S1) 1.2285; (P) 1.2332; (R1) 1.2389; More… Intraday bias in GBP/USD remains on the downside at this point. Firm break of 161.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2258 will extend Read more…
Daily Pivots: (S1) 0.9845; (P) 0.9869; (R1) 0.9909; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current up trend should target 261.8% projection of 0.9149 to 0.9459 from 0.9193 at 1.0005 Read more…
Daily Pivots: (S1) 130.16; (P) 130.49; (R1) 130.87; More… Intraday bias in USD/JPY stays neutral for the moment. On the upside, firm break of 131.24 will resume recent up trend to 261.8% projection of 109.11 Read more…
Daily Pivots: (S1) 1.2843; (P) 1.2880; (R1) 1.2945; More… USD/CAD’s rally resumes by breaking through 1.2913 resistance. Intraday bias is back on the upside for 1.3022 fibonacci level next. Decisive break there will carry larger Read more…
Markets open the week with risk-off sentiment, in particular in Japan. Australian and New Zealand Dollar are trading broadly lower as a result. On the other hand, Dollar is rising broadly. European majors are mixed Read more…
Bitcoin is extending last week’s decline and it’s now close to making a new low for the year. The move is part of the broad based risk-off selling, which sees Nikkei down over -2.2% in Read more…
ECB Governing Council member Olli Rehn said, “We are seeing signs of second-round effects. It’s important that we send a signal that these higher inflation expectations we are currently witnessing will not become entrenched.” It’s Read more…