Daily Pivots: (S1) 0.9401; (P) 0.9424; (R1) 0.9438; More…. EUR//CHF retreated after edging higher to 0.9452 and intraday bias is turned neutral again. Further rise is expected as long as 0.9400 support holds. Above 0.9452 will extend the rise from 0.9218 to 100% projection of 0.9218 to 0.9445 from 0.9265 at 0.9492. However, firm break […]
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AUD/USD loses ground as RBA meets rate hike expectations. Short-term risk is tilted to the downside. A close below 20-SMA could extend decline. AUD/USD retreated to 0.7134, extending Monday’s losses after the Reserve Bank of Read more…
USD/JPY held near 157.22 on Tuesday following a volatile start to the week. Pressure on the Japanese yen has increased as demand for the US dollar has returned, with investors once again favouring the greenback Read more…