Cable is coming lower, but the overlapping price action suggests that this is likely a corrective movement within the broader uptrend. However, there could be some further downside as the seven-swing drop is not fully completed yet. In that case, the 38.2% retracement level for wave 4 is around 1.3090, which is also close to […]
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Daily Pivots: (S1) 1.1096; (P) 1.1137; (R1) 1.1204; More…. Intraday bias in EUR/USD remains mildly on the upside with focus on 1.1200 resistance. Decisive break there will resume larger the rally from 1.0665 to 1.1274 Read more…
Daily Pivots: (S1) 141.70; (P) 142.82; (R1) 143.76; More… Intraday bias in USD/JPY stays mildly on the upside for the moment. Rebound from 139.57 short term bottom should target 55 D EMA (now at 147.37), Read more…
Daily Pivots: (S1) 1.3188; (P) 1.3251; (R1) 1.3349; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside for 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 in the Read more…