Daily Pivots: (S1) 114.64; (P) 114.96; (R1) 115.23; More… Intraday bias in USD/JPY remains neutral as range trading continues. On the upside, firm break of 116.34 will resume larger up trend from 102.58 to 118.65 Read more…
Daily Pivots: (S1) 0.7232; (P) 0.7261; (R1) 0.7283; More… Intraday bias in AUD/USD remains mildly on the upside, as rise from 0.6966 is resuming for 0.7313 resistance. Decisive break of 0.7313 resistance will argue that Read more…
Daily Pivots: (S1) 1.2681; (P) 1.2715; (R1) 1.2777; More… Intraday bias in USD/CAD is turned neutral with current recovery. On the downside, break of 1.2652 will revive the case that rebound from 1.2448 has completed Read more…
Daily Pivots: (S1) 1.0182; (P) 1.0240; (R1) 1.0280; More…. EUR/CHF’s fall is still in progress and intraday bias stays on the downside. Sustained break of 61.8% projection of 1.0936 to 1.0298 from 1.0610 at 1.0216 Read more…
Daily Pivots: (S1) 0.8320; (P) 0.8344; (R1) 0.8372; More… Range trading continues in EUR/GBP and intraday bias remains neutral first. On the upside, above 0.8405 will target 0.8476 resistance first. Break there will resume the Read more…
Daily Pivots: (S1) 1.5274; (P) 1.5366; (R1) 1.5428; More… Intraday bias in EUR/AUD remains on the downside for 1.5250 low. Decisive break there will resume larger down trend from 1.9799. Next near term target will Read more…
Daily Pivots: (S1) 128.32; (P) 129.05; (R1) 129.72; More…. EUR/JPY’s fall resumed by breaking through 127.90 and intraday bias is back on the downside. Decline from 133.13, as another falling leg of the corrective pattern Read more…
Daily Pivots: (S1) 152.28; (P) 153.48; (R1) 154.31; More… GBP/JPY’s fall resumes by taking out 153.34 temporary low and intraday bias is back on the downside. Fall from 158.04 is seen as the third leg Read more…
BoC is widely expected to raise interest rate by 25bps to 0.50% today to kick start the tightening cycle. The central bank might also announce the plan to shrink its balance sheet. Overall tone of Read more…
Oil price surged to highest level since 2014 on concern of supply disruptions related to Russia invasion of Ukraine. The International Energy Agency’s 31 member countries have just agreed to release 60 million barrels of Read more…