AUDUSD recouped most of Wednesday’s losses to stay within the 0.7400 zone after stepping on the resistance-turned-support trendline. Despite that, bullish actions were limited as the 20-day simple moving average (SMA) prevented any increases above 0.7480. This line Read more…
Rallies by the euro and sterling pushed the US dollar lower overnight as markets in New York continued to price in peak inflation expectations and assume that all the Fed tightening was now priced into Read more…
Daily Pivots: (S1) 163.58; (P) 164.21; (R1) 165.46; More… GBP/JPY’s breach of 164.61 resistance indicates resumption of larger up trend. Intraday bias is back on the upside. Further rise should be seen to long term Read more…
Daily Pivots: (S1) 136.08; (P) 136.48; (R1) 137.26; More…. Range trading continues in EUR/JPY and intraday bias remains neutral. Further rise is expected with 133.70 support intact. On the upside, sustained break of 137.49 resistance Read more…
Daily Pivots: (S1) 0.8289; (P) 0.8316; (R1) 0.8331; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, break of 0.8294 will argue that rebound from 0.8201 has completed at 0.8511, and Read more…
Daily Pivots: (S1) 1.4522; (P) 1.4583; (R1) 1.4673; More… Intraday bias in EUR/AUD remains neutral as sideway trading continues. Outlook also stays bearish with 1.4940 resistance intact. On the downside, break of 1.4318 will resume Read more…
Daily Pivots: (S1) 1.0118; (P) 1.0151; (R1) 1.0213; More…. Intraday bias in EUR/CHF is turned neutral with current recovery. On the upside, break of 1.0204 minor resistance will argue that pull back form 1.0400 has Read more…
Daily Pivots: (S1) 1.2520; (P) 1.2598; (R1) 1.2641; More… Break of 1.2561 minor support argues that rebound from 1.2401 has completed at 1.2675. Intraday bias is back on the downside for 1.2401 support again. ON Read more…
Daily Pivots: (S1) 0.7406; (P) 0.7440; (R1) 0.7489; More… AUD/USD recovered again after dipping to 0.7390 and intraday bias remains neutral. On the downside, below 0.7390 will resume the fall from 0.7660. On the upside, Read more…
Daily Pivots: (S1) 125.23; (P) 125.78; (R1) 126.20; More… Intraday bias in USD/JPY is turned neutral again as it retreat after failing to sustain above 125.85 long term resistance. Focus stays on 125.85 and sustained Read more…