Markets Wall Street tried to shrug off a rough month by printing impressive back-to-back gains. The Nasdaq outperformed, eking out another 3%+ gain. January is still the worst month for the tech-heavy index since March Read more…
Daily Pivots: (S1) 154.34; (P) 154.84; (R1) 155.27; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Fall from 157.74 should be the third leg of the corrective pattern from 158.19. Deeper decline Read more…
Daily Pivots: (S1) 128.73; (P) 129.05; (R1) 129.65; More…. Intraday bias in EUR/JPY remains neutral for consolidation above 128.23 temporary low. Outlook is unchanged that corrective pattern from 134.11 is extending with another falling leg. Read more…
Daily Pivots: (S1) 0.8320; (P) 0.8340; (R1) 0.8374; More… Intraday bias in EUR/GBP is turned neutral as it recovered after touching 0.8304 support. Near term outlook stays bearish as long as 0.8421 resistance holds. Break Read more…
Daily Pivots: (S1) 1.5822; (P) 1.5887; (R1) 1.5960; More… EUR/AUD is losing upside momentum as seen in 4 hour MACD. But further rise is mildly in favor with 1.5712 support intact. Rebound from 1.5559 would Read more…
Daily Pivots: (S1) 1.0370; (P) 1.0405; (R1) 1.0448; More…. EUR/CHF is staying in the corrective pattern from 1.0298 and outlook is unchanged. Intraday bias remains neutral at this point. Upside should be limited well below Read more…
The S&P500 finished January with a strong two-day rally, but the index is still more than 5% lower than where it kicked off the year, having recorded its worst month since March 2020. Nasdaq closed Read more…
Daily Pivots: (S1) 1.1165; (P) 1.1207; (R1) 1.1274; More… Intraday bias in EUR/USD remains neutral for consolidation above 1.1120 temporary low. Further fall is expected as long as 1.1299 minor resistance holds. On the downside, Read more…
Daily Pivots: (S1) 1.3400; (P) 1.3431; (R1) 1.3475; More… Intraday bias in GBP/USD remains neutral for consolidation above 1.3356 temporary low. Further decline is expected with 1.3523 minor resistance intact. As noted before, rebound from Read more…
Daily Pivots: (S1) 0.9233; (P) 0.9288; (R1) 0.9324; More…. Intraday bias in USD/CHF remains neutral for the moment. Overall, with 0.9090 support intact, choppy rise from 0.8925 should extend higher. On the upside, above 0.9341 Read more…