Daily Pivots: (S1) 121.03; (P) 122.12; (R1) 122.92; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Further rise is still in favor with 121.17 minor support intact. On the upside, above 125.09 Read more…
Daily Pivots: (S1) 0.7497; (P) 0.7517; (R1) 0.7531; More… AUD/USD is staying in consolidation from 0.7539 and intraday bias remains neutral. Further rally is expected as long as 0.7372 minor support holds. On the upside, Read more…
Daily Pivots: (S1) 1.2440; (P) 1.2474; (R1) 1.2519; More… USD/CAD recovered after dipping to 1.2428 and intraday bias is turned neutral again first. Further decline is expected as long as 1.2591 resistance holds. Corrective pattern Read more…
Daily Pivots: (S1) 158.92; (P) 160.15; (R1) 161.25; More… GBP/JPY is staying in consolidation from 164.61 and intraday bias remains neutral first. Outlook stays bullish with 158.04 resistance turned support intact, and further rally is Read more…
Daily Pivots: (S1) 135.00; (P) 135.84; (R1) 136.78; More…. Intraday bias in EUR/JPY remains neutral as consolidation from 137.50 is extending. Overall, further rally is expected with 133.70 minor support intact. On the upside, sustained Read more…
Daily Pivots: (S1) 1.0284; (P) 1.0309; (R1) 1.0329; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. On the upside, break of 1.0400 will resume the rebound from 0.9977 to 1.0610 key structural Read more…
Daily Pivots: (S1) 1.4774; (P) 1.4827; (R1) 1.4911; More… EUR/AUD’s recovery from 1.4533 is still in progress and intraday bias stays mildly on the upside. But still, it’s seen as in the third leg of Read more…
Daily Pivots: (S1) 0.8465; (P) 0.8482; (R1) 0.8512; More… EUR/GBP’s rise from 0.8201 extends higher today. The break of 0.8476 structural resistance should confirm medium term bottoming at 0.8201, with a head and shoulder bottom Read more…
Euro’s rebound made some progress overnight even though momentum was still weak. The common is nevertheless firm in Asian session. Dollar is also strengthening up slightly, together with Sterling and Swiss Franc. Yen is consolidating Read more…
China official PMI manufacturing dropped from 50.2 to 49.5 in March, below expectation of 50.0. PMI non-manufacturing dropped from 51.6 to 48.4, below expectation of 50.7. Both indexes were below 50 level together for the Read more…