Key Highlights EUR/USD started a fresh increase above the 1.0750 resistance zone. A short-term rising channel with support at 1.0800 on the 4-hour chart. GBP/USD surged above the 1.2850 and 1.2880 resistance levels. Crude oil prices dived below the $68.00 support zone. EUR/USD Technical Analysis The Euro started a decent increase above the 1.0750 resistance […]
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Daily Pivots: (S1) 1.0780; (P) 1.0834; (R1) 1.0888; More… Intraday bias in EUR/USD remains mildly on the upside for the moment. Current rally from 1.0176 should target 161.8% projection of 1.0176 to 1.0531 from 1.0358 Read more…
Daily Pivots: (S1) 1.2879; (P) 1.2912; (R1) 1.2953; More… Intraday bias in GBP/USD is turned neutral again on loss of momentum as seen in 4H MACD. Downside of consolidations should be contained by 1.2715 resistance Read more…
Daily Pivots: (S1) 0.8759; (P) 0.8809; (R1) 0.8850; More… Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9200 should target 61.8% retracement of 0.8374 to 0.9200 at 0.8690. Sustained Read more…