GBP/EUR falls ahead of BoE rate decision EUR/GBP is falling for a third straight session day as attention turns to the BoE. The BoE is expected to raise interest rates by 25 basis points taking Read more…
EURUSD found some support recently, but move from the low is not in five waves for now, so we are still tracking a higher degree downtrend, currently with a pause that appears like a wave Read more…
The US 30 index has witnessed an uptick over the last few trading sessions as the negativity in the price seems to be waning. However, the index continues to record a series of successive lower Read more…
AUDUSD rebounded off the short-term ascending trend line, currently flirting with the 200-day simple moving average (SMA) around the 0.7300 psychological mark. As regards the technical indicators, the RSI is strengthening its bullish move above the neutral threshold Read more…
EUR/USD A rate hike by the Fedis already a fact – the first of its kind since 2018. At the time of writing the analysis, the pair is just about to test the resistance zone Read more…
American stocks rose on Wednesday after signs emerged that Russia and Ukraine were making progress. According to the Financial Times, the two sides have made progress on a tentative 15-point peace plan that includes an Read more…
Daily Pivots: (S1) 154.84; (P) 155.50; (R1) 156.78; More… GBP/JPY’s rise from 150.95 accelerates to as high as 156.58 so far. Break of 155.20 resistance argues that pull back from 158.04 has completed. Also, the Read more…
Daily Pivots: (S1) 129.16; (P) 129.60; (R1) 129.91; More…. EUR/JPY’s rise from 124.37 continues today and intraday bias stays on the upside. The corrective pattern from 134.11 could have completed at 124.37 already. Further rise Read more…
Daily Pivots: (S1) 0.8377; (P) 0.8403; (R1) 0.8422; More… Intraday bias in EUR/GBP remains neutral for the moment. On the upside, above 0.8454 will target 0.8476 structural resistance first. Firm break there will carry larger Read more…
Daily Pivots: (S1) 1.5153; (P) 1.5241; (R1) 1.5304; More… Intraday bias in EUR/AUD stays neutral for the moment. The larger down trend is still expected to continue as long as 1.5354 support turned resistance holds. Read more…