Gold could not find enough buyers to cross the key resistance of 1,959 last week, with the price tumbling to 1,933 early on Monday. The short-term bias is looking neutral-to-bearish as the RSI keeps fluctuating around its Read more…
Yen, euro start week with losses The US dollar moved sideways in New York on Friday, the dollar index finishing almost unchanged at 98.80. However, with the Bank of Japan standing in the JGB market Read more…
It seems appropriate on Oscar’s day that one of the worst films ever made according to critics, Shanghai Surprise, is also dominating Asian markets today. In what was really not much of a Shanghai surprise, Read more…
Markets The Interfax report on Friday suggesting Russia may be refocusing on the “complete liberation of Donbas” caused yet another sharp core bond selloff. Markets believe such de-scaling of the conflict to the eastern regions Read more…
EUR/USD The EUR/USD is testing the support at 1.0974 yet again during the early hours of today`s trading.. A confirmation of the breach here could deepen the decline and could lead to a test of Read more…
The week kicks off on a mixed note as US President Joe Biden called Putin a ‘butcher’ and said in a speech in Warsaw that ‘for God’s sake, this man cannot remain in power. Then, Read more…
Daily Pivots: (S1) 160.05; (P) 160.77; (R1) 161.69; More… Intraday bias in GBP/JPY remains on the upside and outlook is unchanged. Current up trend should target 61.8% projection of 136.96 to 158.19 from 150.95 at Read more…
Daily Pivots: (S1) 133.65; (P) 134.20; (R1) 134.67; More…. Intraday bias in EUR/JPY remains on the upside at this point. Current up trend should target 136.53 projection level next. On the downside, though, break of Read more…
Daily Pivots: (S1) 1.4572; (P) 1.4637; (R1) 1.4679; More… Intraday bias in EUR/AUD remains on the downside. The breach of 1.4561 short term bottom indicate larger down trend resumption. Next target is 1.3623 projection level. Read more…
Daily Pivots: (S1) 0.8314; (P) 0.8342; (R1) 0.8360; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, below 0.8294 will resume the fall from 0.8456 to retest 0.8201 low. Firm break Read more…