EUR/USD: 50-day SMA hurdle may hold on widening Eurozone periphery bond yield spreads 1) EUR/USD eyes 50-day SMA after Monday's 0.5% gain. 2) Rising periphery-Germany yield spreads may cap gains arou...
Silver Price Analysis: XAG/USD bulls attack 50% Fibonacci retracement, 200-HMA to keep $24.00 1)Silver keeps bounces off a three-day low of $23.93 flashed the previous day. 2) U-turn from 61.8% Fibona
GBP/USD Price Analysis: Bears will not risk entries unless breaking 1.2860/55 D1 Chart :
WTI picks up bids following its bounce off $39.37. A clear break of immediate resistance line, now support, joins RSI recovery to favor buyers. Fresh selling can wait for a downside break below the 50% Fibonacci retracement level. WTI rises to $39.85 during the pre-Tokyo open trading on Tuesday. Th
Daily Pivots: (S1) 1.1779; (P) 1.1805; (R1) 1.1856; Intraday bias in EUR/USD remains on the upside for retesting 1.2011 high. Firm break there will confirm resumption of rally from 1.0635 and target 61.8% projection of 1.0635 to 1.2011 from 1.1612 at 1.2462. On the downside, break of 1.1732 minor su
GBP/JPY telah menghapus penurunan awal, tetapi tetap di bawah rintangan di 137,45. Penutupan lebih tinggi akan menandakan kelanjutan pemulihan dari posisi terendah September. GBP/JPY saat ini diperdagangkan sebagian besar tidak berubah hari ini di 137,10, setelah berada di level teren
The minutes for the September FOMC meeting reveals that the members generally agreed to adopt the new monetary policy framework and change the forward guidance in the way presented in the statement. While the economic projections were upgraded in the meeting, these were conditioned on the further fi
Daily Pivots: (S1) 1.3267; (P) 1.3292; (R1) 1.3341; Despite dipping to 1.3242, USD/CAD failed to sustain below 1.3249 resistance turned support and recovered. Intraday bias remains neutral first. On the upside, of 1.3418 will resume the rebound to 38.2% retracement of 1.4667 to 1.2994 at 1.3633, as
Daily Pivots: (S1) 105.41; (P) 105.61; (R1) 105.93; Range trading continues in USD/JPY and intraday bias remains neutral. On the upside, break of 105.80 will resume the rebound from 104.00 to 106.94 resistance next. on the downside, break of 104.92 will suggest completion of rebound from 104.00. Int
Asian stocks rose on Tuesday as U.S. President Donald Trump's return to the White House from hospital coupled with Joe Biden's increasing lead in weekend polls in the U.S. presidential race helped reduce uncertainties surrounding the 2020 presidential election. Rising optimism that U.S. lawmakers
GBP/USD Price Analysis: Bounces off 1.2870-65 support confluence 1) GBP/USD consolidates the biggest losses in a month while trying to regain the 1.2900 round-figure 2) 21-day SMA, 50% Fibonacci retra...