The yen nosedived after the Bank of Japan vowed to keep its interest rates ultra-low. The dollar’s surge above the top range (129.30) of the recent consolidation forced early sellers to cover and switch sides. Read more…
DXY: On the Weekly, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance where the 127.2% Fibonacci extension is from our 1st support in Read more…
Daily Pivots: (S1) 1.0460; (P) 1.0512 (R1) 1.0553; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Sustained break of 100% projection of 1.1494 to 1.0805 from 1.1184 at 1.0495 will Read more…
Daily Pivots: (S1) 1.2392; (P) 1.2481; (R1) 1.2549; More… Intraday bias in GBP/USD remains on the downside with 1.2601 minor resistance intact. Current down trend should target 161.8% projection of 1.3641 to 1.2999 from 1.3297 Read more…
Daily Pivots: (S1) 0.9675; (P) 0.9717; (R1) 0.9761; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current up trend should target next medium term projection level at 0.9864. On the downside, Read more…
Daily Pivots: (S1) 129.04; (P) 130.14; (R1) 131.95; More… Intraday bias in USD/JPY remains on the upside for 61.8% projection of 121.27 to 129.39 from 126.91 at 131.92. Firm break there will pave the way Read more…
Daily Pivots: (S1) 0.7049; (P) 0.7105; (R1) 0.7156; More… Intraday bias in AUD/USD is turned neutral again with loss of downside momentum. Still, further decline is expected as long as 0.7342 support turned resistance holds. Read more…
Daily Pivots: (S1) 1.2773; (P) 1.2826; (R1) 1.2862; More… A temporary top is formed at 1.2879, ahead of 1.2899 resistance, with current retreat. Intraday bias in USD/CAD is turned neutral first. Further rise will remain Read more…
Daily Pivots: (S1) 161.23; (P) 162.74; (R1) 164.60; More… Intraday bias in GBP/JPY remains mildly on the upside for retesting 168.40 high. Firm break there will resume larger up trend. On the downside, in case Read more…
Daily Pivots: (S1) 135.91; (P) 136.95; (R1) 138.47; More…. Intraday bias in EUR/JPY remains mildly on the upside for retesting 139.99 high. Firm break there will resume larger up trend for 144.06 medium term projection Read more…