Daily Pivots: (S1) 1.0769; (P) 1.0800; (R1) 1.0822; More… Intraday bias in EUR/USD Is back on the downside, with breach of 1.0775 temporary low. Corrective fall from 1.0953 is extending lower, but downside should be contained by 38.2% retracement of 1.0358 to 1.0953 at 1.0726 to bring rebound. On the upside, break of 1.0953 will […]
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If you still drive a gasoline-powered car, you have no doubt noticed that the price at the gas pump has changed. Yes, higher. A total of 3% since early January’s lows and up now for Read more…
EUR/USD gyrated lower last week but recovered ahead of 38.2% retracement of 1.0358 to 1.0953 at 1.0726 as expected. Initial bias stays neutral this week first. On the upside, break of 1.0857 minor resistance will Read more…
USD/JPY recovered further to 151.20 last week but retreated sharply ahead of 151.29 cluster resistance (38.2% retracement of 158.86 to 146.52 at 151.23). Initial bias remains neutral first and outlook stay bearish. On the downside, Read more…