Daily Pivots: (S1) 0.9333; (P) 0.9365; (R1) 0.9401; More…. Intraday bias in EUR/CHF is back on the downside with break of 0.9359 minor support. Deeper fall should be seen to 0.9284 support next. Rebound from 0.9204 is current seen as a corrective move. In case of another rise through 0.9440, strong resistance would be seen […]
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Dollar Index started the new year with a pronounced surge. Sterling, Euro, and Swiss Franc bore the brunt of this strength, reflecting the sluggish economic outlook in Europe and ongoing concerns about the impact of Read more…
EUR/USD’s decline from 1.1213 resumed by breaking through 1.0330 support last week. A temporary low might be formed at 1.0223 and initial bias is turned neutral this week first. But further decline is expected as Read more…
USD/JPY stayed in sideway consolidations last week. Initial bias remains neutral this week first. Break of 158.06 will resume the rally from 139.57 to 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Firm Read more…