Daily Pivots: (S1) 210.12; (P) 213.40; (R1) 216.33; More… Fall from 216.58 could still extend lower, but strong support should emerge from 209.58 to bring rebound, at least on first attempt. On the upside, above Read more…
Daily Pivots: (S1) 181.48; (P) 184.53; (R1) 186.77; More… Intraday bias in EUR/JPY remains on the downside, and fall from 187.93 could extend lower to 180.78 support. But strong support should emerge there to bring Read more…
Daily Pivots: (S1) 0.8608; (P) 0.8639; (R1) 0.8656; More… EUR/GBP’s fall from 0.8740 resumed and accelerated after breaking through 0.8652. Intraday bias is back on the downside fro 0.8610 key support. Decisive break there will Read more…
Daily Pivots: (S1) 1.6245; (P) 1.6334; (R1) 1.6381; More… EUR/AUD’s fall from 1.6482 resumed after brief recovery. Intraday bias is back on the downside for retesting 1.6126 low. Decisive break there will resume larger down Read more…
Daily Pivots: (S1) 0.9131; (P) 0.9188; (R1) 0.9227; More…. Despite near the strong volatile, EUR/CHF is still bounded in established range below 0.9264. Intraday bias remains neutral and further rise is expected with 0.9155 support Read more…
Another month ended with no light at the end of the tunnel for the Iran war. On the contrary, the US is not willing to lift the naval blockade in the Strait of Hormuz, while Read more…
In focus today Today is a holiday in many markets and relatively quiet in terms of data releases. Focus remains on energy markets ahead of the close of the week, following yesterday’s volatile oil price Read more…
Daily Pivots: (S1) 1.3543; (P) 1.3619; (R1) 1.3658; More… USD/CAD’s fall from 1.3965 resumed after brief recovery and intraday bias is back on the downside. Next target is a retest on 1.3480 low. For now, Read more…
Daily Pivots: (S1) 0.7140; (P) 0.7172; (R1) 0.7234; More… AUD/USD is still bounded in consolidations below 0.7221 and intraday bias stays neutral. Further rise is expected as long as 0.7076 support holds. On the upside, Read more…
Daily Pivots: (S1) 154.55; (P) 157.63; (R1) 159.71; More… Intraday bias in USD/JPY remains on the downside at this point. Fall from 160.71 would extend lower towards 152.25 cluster support (38.2% retracement of 139.87 to Read more…