Daily Pivots: (S1) 0.7179; (P) 0.7236; (R1) 0.7275; More… Intraday bias in AUD/USD remains neutral for the moment. We’re still slightly favoring the case that correction from 0.8006 is complete after defending 0.6991. Above 0.7313 Read more…
Daily Pivots: (S1) 1.2488; (P) 1.2529; (R1) 1.2588; More… Intraday bias in USD/CAD remains neutral for consolidation above 1.2452 temporary low. Further fall is expected as long as 1.2619 support turned resistance holds. Current development Read more…
Daily Pivots: (S1) 0.8337; (P) 0.8350; (R1) 0.8357; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen above 0.8322. Upside of recovery should be limited by 0.8417 resistance to bring another Read more…
Daily Pivots: (S1) 1.5746; (P) 1.5798; (R1) 1.5868; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. On the downside, break of 1.5559 will resume the fall from 1.6168 to retest 1.5250/5354 support Read more…
Daily Pivots: (S1) 1.0418; (P) 1.0433; (R1) 1.0447; More…. Intraday bias in EUR/CHF remains neutral for the moment. Rebound from 1.0324 could still extend higher. But upside should be limited by 38.2% retracement of 1.0936 Read more…
Daily Pivots: (S1) 129.83; (P) 130.34; (R1) 130.90; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 131.59 resistance will reaffirm the bullish case that consolidation from 134.11 could Read more…
Daily Pivots: (S1) 155.59; (P) 156.11; (R1) 156.75; More… Intraday bias in GBP/JPY remains neutral for the moment, and consolidation from 157.74 could extend. Overall, further rise is still expected with 154.86 support intact. On Read more…
The markets are overall relatively quietly in Asian session today and trading could be subdued with US on holiday. Canadian Dollar is resilient with WTI oil staying firm at around 84 handle. Euro and Dollar Read more…
DXY: On the H4 timeframe, price is abiding to the ascending trendline support on the daily and descending trendline resistance on the H4. We can now expect price to push higher up to the 1st Read more…
Key Highlights EUR/USD rallied after it broke the 1.1400 resistance zone. A major bullish trend line is forming with support near 1.1340 on the 4-hours chart. GBP/USD rallied above 1.3700 before it faced sellers. USD/JPY Read more…