Daily Pivots: (S1) 0.7151; (P) 0.7173; (R1) 0.7204; More… Intraday bias in AUD/USD is back on the upside as rebound from 0.6966 resumed by breaking through 0.7167. Further rise would be seen back to 0.7313 Read more…
Daily Pivots: (S1) 115.35; (P) 115.52; (R1) 115.71; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Overall, consolidation pattern from 116.34 is still extending. On the upside, break of 115.68 will resume Read more…
Daily Pivots: (S1) 0.9224; (P) 0.9240; (R1) 0.9257; More…. Range trading continues in USD/CHF and intraday bias remains neutral at this point. Further rise will remain mildly in favor as long as 0.9090 support holds. Read more…
Daily Pivots: (S1) 1.3512; (P) 1.3550; (R1) 1.3574; More… Range trading continues in GBP/USD and intraday bias remains neutral. On the upside, break of 1.3627 will resume the rebound to 1.3748 resistance. Firm break there Read more…
The short-term Elliott wave view in S&P500 (SPX) shows that we are looking for more upside to complete a 5 waves impulse structure, before see at least 3 swings pullback. The impulse move started from Read more…
DXY: On the H4 timeframe, prices are on bullish momentum and abiding by our daily ascending trendline. We see the potential for a bounce from our 1st support at 95.568 in line with 50% Fibonacci Read more…
Daily Pivots: (S1) 1.1402; (P) 1.1425; (R1) 1.1447; More… EUR/USD is still staying in consolidation in tight range and intraday bias remains neutral. As noted before, a medium term bottom could be in place at Read more…
Key Highlights USD/CHF corrected gains from the 0.9340 resistance zone. There is a key bullish trend line forming with support near 0.9215 on the 4-hours chart. EUR/USD is holding gains above 1.1400, and GBP/USD attempts Read more…
AUDUSD broke resistance level 0.715 Likely to rise to resistance level 0.7300 AUDUSD currency pair recently broke the key resistance level 0.715 (former strong support from the start of Januarys). The breakout of the resistance Read more…
Japan corporate goods price index rose 8.6% yoy in January, slowed slightly from December’s 8.7% yoy, but beat expectation of 8.2% yoy. At 109.5, the index was at the highest level since September 1985. Export Read more…