Category: Cryptocurrencies

A clean sweep for the U.S dollar overnight as it rose against all G10 currencies to propel the DXY index to its first daily close above 99 since May 2020, aided by risk aversion and Read more…

Market movers today Focus remains on the war in Ukraine and whether US and Europe will impose an oil and gas embargo on Russia. The EU Commission will lay out its strategy on how to Read more…

Daily Pivots: (S1) 1.0795; (P) 1.0864; (R1) 1.0921; More… Intraday bias in EUR/USD is turned neutral with a temporary low formed at 1.0805. Some consolidations could be seen, but upside should be limited by 1.1120 Read more…

Daily Pivots: (S1) 1.3054; (P) 1.3152; (R1) 1.3201; More… Intraday bias in GBP/USD remains on the downside at this point. Current down trend from 1.4248 is still in progress. Firm break of 61.8% projection of Read more…

Daily Pivots: (S1) 0.9193; (P) 0.9232; (R1) 0.9295; More…. Intraday bias in USD/CHF remains neutral as range trading continues. Choppy rise from 0.8925 would still be in favor to extend higher as long as 0.9090 Read more…

Daily Pivots: (S1) 114.94; (P) 115.21; (R1) 115.58; More… USD/JPY is still bounded in range trading and intraday bias remains neutral first. On the upside, firm break of 116.34 will resume larger up trend from Read more…

Daily Pivots: (S1) 0.7270; (P) 0.7356; (R1) 0.7399; More… A temporary top is formed at 0.7440 with current retreat. Intraday bias in AUD/USD is turned neutral first. Some correction could be seen and deeper pull Read more…

Daily Pivots: (S1) 1.2729; (P) 1.2775; (R1) 1.2864; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the upside, break of 1.2876 will resume the rally from 1.2448 to 1.2963 resistance. On Read more…

Daily Pivots: (S1) 0.9979; (P) 1.0038; (R1) 1.0104; More…. A temporary low is formed at 0.9907 in EUR/CHF with current recovery. Intraday bias is turned neutral first. Some consolidation could be seen, but upside should Read more…

DXY: On the H4 timeframe, prices are at a recent high and approaching our pivot. We see the potential for a pullback from our 1st resistance at 99.310 in line with 127.2% Fibonacci projection and Read more…