The Euro eases on Friday but is on track for the first bullish weekly close in six weeks that adds to positive signals as Doji reversal pattern is forming on weekly chart. On the other Read more…
GBPJPY is targeting the 156.77 barrier after maintaining a two-week climb from the 150.96 low, which also managed to overstep the simple moving averages (SMAs). For some time now, the SMAs have been lacking a Read more…
US futures Dow futures -0.5% at 34295 S&P futures -0.7% at 4380 Nasdaq futures -0.71% at 14017 In Europe FTSE -0.6% at 7338 Dax -1.1% at 14232 Euro Stoxx -0.9% at 3850 Stocks fall, oil Read more…
The global equity market also continues to thaw after a pronounced decline since the start of the year. Initial reports of progress on the peace talks were later supported by indications that the US and Read more…
Bitcoin is down 0.4% over the past 24 hours to $40.7K. Ethereum has added 1.5% over the same time, other leading altcoins from the top ten are changing from -2.0% (Terra) to 5% (Avalanche). The Read more…
Daily Pivots: (S1) 1.1022; (P) 1.1079; (R1) 1.1150; More… Despite breaching 1.1120 support turned resistance briefly, EUR/USD quickly retreated. Intraday bias remains neutral first. Rejection by 1.1120 will retain near term bearishness. Break of 1.0899 Read more…
Daily Pivots: (S1) 1.3088; (P) 1.3150; (R1) 1.3211; More… Intraday bias in GBP/USD remains neutral at this point. With 1.3210 minor resistance intact, further decline is still in favor. On the downside, break of 1.2999 Read more…
Daily Pivots: (S1) 0.9327; (P) 0.9379; (R1) 0.9422; More…. Intraday bias in USD/CHF remains neutral at this point. As long as 0.9318 support holds, further rally is still expected. On the upside, above 0.9459 will Read more…
Daily Pivots: (S1) 118.30; (P) 118.67; (R1) 118.96; More… USD/JPY’s rally resumes after brief consolidations and intraday bias is back on the upside. Current up trend should target 100% projection of 109.11 to 116.34 from Read more…
The tide seems to be turning just ahead of the weekend. Swiss Franc is rebounding notably while Dollar is also firmer up. On the other, Euro reverses earlier gain and trades broadly lower. Nevertheless, Yen’s Read more…