Markets US February payrolls on Friday came in better than expected and saw an upward revision for January too. The Fed is set to kick off the hiking cycle next week, even as wage growth Read more…
The week starts with a 10% rally in US crude prices after the US Secretary of state Blinken said that the US and its allies now consider an embargo on the Russian oil. The market Read more…
Daily Pivots: (S1) 150.91; (P) 152.57; (R1) 153.67; More… Intraday bias in GBP/JPY remains on the downside at this point. Current fall from 158.04 should target 148.94 support next. On the upside, break of 155.20 Read more…
Daily Pivots: (S1) 124.48; (P) 126.15; (R1) 127.22; More…. EUR/JPY’s drops to as low as 124.38 so far today. Intraday bias stays on the downside for 121.94 medium term fibonacci level. On the upside, above Read more…
Daily Pivots: (S1) 1.4715; (P) 1.4911; (R1) 1.5019; More… EUR/AUD drops to as low as 1.4561 so far today and intraday bias stays on the downside. Next target is 161.8% projection of 1.6343 to 1.5354 Read more…
Daily Pivots: (S1) 0.8229; (P) 0.8262; (R1) 0.8294; More… Intraday bias in EUR/GBP remains on the downside at this point. Next near term target is 161.8% projection of 0.8476 to 0.8304 from 0.8405 at 0.8127. Read more…
Daily Pivots: (S1) 0.9975; (P) 1.0067; (R1) 1.0114; More…. EUR/CHF drops to as low as 0.9970 so far, and met 100% projection of 1.0936 to 1.0298 from 1.0610 at 0.9972 already. There is no clear Read more…
Daily Pivots: (S1) 1.2673; (P) 1.2733; (R1) 1.2795; More… Intraday bias in USD/CAD remains neutral with mixed near term outlook. On the upside, break of 1.2876 will resume the rally from 1.2448 to 1.2963 resistance. Read more…
Daily Pivots: (S1) 0.7324; (P) 0.7352; (R1) 0.7404; More… Intraday bias in AUD/USD remains on the upside at his point. As noted before, fall from 0.8006 should have completed at 0.6966, after drawing support from Read more…
Daily Pivots: (S1) 114.49; (P) 115.02; (R1) 115.40; More… Range trading continues in USD/JPY and intraday bias remains neutral for the moment. On the upside, firm break of 116.34 will resume larger up trend from Read more…