The British Pound started a bearish reaction from the 1.2420 resistance zone against the US Dollar. The GBP/USD pair declined below the 1.2365 level to move into a short-term bearish zone. There was a close below the 1.2350 level and the 50 hourly simple moving average. It is now consolidating near the 1.2315 level, with […]
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Daily Pivots: (S1) 195.79; (P) 196.55; (R1) 197.34; More… Intraday bias in GBP/JPY remains neutral at this point. As noted before, corrective pattern from 180.00 is extending with another rising leg. Further rise is expected Read more…
Daily Pivots: (S1) 162.42; (P) 163.04; (R1) 163.73; More… Intraday bias in EUR/JPY stays on the upside for the moment. Corrective pattern from 154.04 is extending with another rising leg. Further rise should be seen Read more…
Daily Pivots: (S1) 0.8276; (P) 0.8294; (R1) 0.8318; More… Intraday bias in EUR/GBP stays neutral for the moment and more consolidations would be seen.. On the upside, break of 0.8326 resistance will indicate short term Read more…