Traders appear to be stepping back from last Friday’s risk-on rally, showing more caution in the Asian session today. The mood in major indices is mixed; with Nikkei trading down by more than -1%, while HSI is showing gain of about 1%. This cautious sentiment is mirrored in the currency markets, where safe-haven currencies like […]
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Daily Pivots: (S1) 1.0506; (P) 1.0549; (R1) 1.0583; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen. But outlook will stay bearish as long as 1.0760 support turned resistance holds. On Read more…
Daily Pivots: (S1) 153.18; (P) 154.97; (R1) 156.07; More… Intraday bias in USD/JPY remains neutral and more consolidations would be seen below 156.74. Further rally is expected as long as 151.27 support holds. Above 156.74 Read more…
Daily Pivots: (S1) 1.2580; (P) 1.2638; (R1) 1.2680; More… Intraday bias in GBP/USD remains on the downside for the moment. Fall from 1.3433 is in progress for 100% projection of 1.3433 to 1.2842 to 1.3047 Read more…