Daily Pivots: (S1) 0.8316; (P) 0.8329; (R1) 0.8345; More… Intraday bias in EUR/GBP stays on the downside at this point. Current down trend would target 0.8276 key long term support. On the upside, however, break Read more…
Daily Pivots: (S1) 1.5724; (P) 1.5799; (R1) 1.5839; More… Range trading continues in EUR/AUD and intraday bias remains neutral at this point. On the downside, break of 1.5559 will resume the fall from 1.6168 to Read more…
Daily Pivots: (S1) 1.1323; (P) 1.1340; (R1) 1.1361; More… Outlook in EUR/USD is unchanged and intraday bias remains neutral first. Rebound from 1.1185 is seen as corrective move. Break of 1.1284 will argue that larger Read more…
Daily Pivots: (S1) 1.3585; (P) 1.3617; (R1) 1.3646; More… GBP/USD is staying in consolidation from 1.3748 and intraday bias remains neutral. While deeper fall cannot be ruled out, downside of retreat should be contained by Read more…
Daily Pivots: (S1) 0.9142; (P) 0.9160; (R1) 0.9175; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9090 is extending. On the downside, firm break of 0.9084 support will argue that choppy rise from Read more…
Daily Pivots: (S1) 114.09; (P) 114.44; (R1) 114.67; More… Intraday bias in USD/JPY is mildly on the downside for 113.47. Break there will resume the fall from 112.52 structural support. Considering bearish divergence condition in Read more…
Daily Pivots: (S1) 1.2478; (P) 1.2521; (R1) 1.2556; More… Intraday bias in USD/CAD stays on the downside at this point. As noted before, the whole pattern from 1.2005 might be finished three waves to 1.2963. Read more…
Market sentiment is mixed. There is a certain will to buy a dip in US indices, yet the aggressive hawkish Federal Reserve (Fed) pricing doesn’t allow the appetite to get restored. It results in hectic Read more…
Daily Pivots: (S1) 0.7180; (P) 0.7209; (R1) 0.7241; More… AUD/USD recovers ahead of near term channel support, but stays well below 0.7313 resistance. Intraday bias remains neutral first. We’re still slightly favoring the case that Read more…
Australian Dollar rises broadly in Asian session today following much stronger than expected job data. Expectation for RBA tightening is increasing with calls for a hike as soon as in August. Canadian Dollar is also Read more…