Daily Pivots: (S1) 123.55; (P) 123.85; (R1) 124.37;
EUR/JPY recovers after hitting 123.31 and intraday bias is turned neutral first. Further fall is expected as long as 125.01 resistance holds. Fall from 127.07 is correcting the rise from 114.42. Break of 123.31 will target 38.2% retracement of 114.
Daily Pivots: (S1) 0.9087; (P) 0.9129; (R1) 0.9174;
Intraday bias in EUR/GBP remains neutral and outlook is unchanged. Price actions from 0.9291 are seen as consolidations only and further rise is in favor. On the upside, break of 0.9291 will resume the whole rise from 0.8670. Next target is 100% pr
Daily Pivots: (S1) 1.2915; (P) 1.3047; (R1) 1.3112;
Intraday bias in GBP/USD remains on the downside at this point. Fall from 1.3482 short term top is targeting 38.2% retracement of 1.1409 to 1.3482 at 1.2690. Reactions from there will decide whether it’s a corrective decline or reversal. On the ups
Daily Pivots: (S1) 1.6221; (P) 1.6279; (R1) 1.6382;
Intraday bias in EUR/AUD remains neural as consolidation from 1.6033 is still extending. Outlook stays bearish as long as 1.6585 resistance holds. On the downside, break of 1.6033 will resume the whole fall from 1.9799, towards long term EMA at 1.5
EUR/JPY seems to be consolidating below the 126.00 marks so far, coming under some selling pressure after last week’s new 2020 highs just above 127.00 the figure. The current downside should be deemed as corrective only and carries the potential to morph into a multi-session consolidative range.
The pound depreciated against its major counterparts in the Asian session on Monday, as concerns over a no-deal Brexit intensified after UK Prime Minister Boris Johnson has confirmed a deadline of October 15 for a free trade deal with the European Union.
"If London and Brussels don't reach a deal by
Razones de ventas: 1. Precio rechazó zona de oferta en weekly y buscamos entrada en timeframe 4H. 2. Zona de oferta en 4h es de ubicación, coincide con la weekly. 3. Ventas en este escenario tienen mayor fuerza y más probabilidades que las compras debido a que el precio es
Huobi Futures has announced the upcoming launch of Bitcoin Options trading, which will go live on September 1st at 10:00 UTC. According to a blog post announcing the launch, the BTC options will be quoted in USDT and offered in weekly, bi-weekly, and quarterly increments.
The blog post a
Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced up from the key level of 1.18. The German Final GDP q/q data (Actual: -9.7%, Forecast: -10.1%, Previous: -10.1%) released yesterday indicated a slight upwards revision of quarterly GDP from the preliminary re
Coincheck, Inc., the cryptocurrency exchange of the Monex Group, Inc. announced this Tuesday that it has partnered with Hashpalette Inc. on a joint project which aims to realise the first Initial Exchange Offering (IEO) in Japan.
Under the partnership, Coincheck will sell Palette Token (
The Dollar came under broad pressure from mid-morning on Thursday, as if appeared the FOMC minutes driven boost has about run its course. In the scheme of things, even if the minutes were not as dovish as expected, the Fed continues to be in uber-easing mode, continuing to buy assets while virtually
EUR/USD's bias remains bullish, but RSI signals overbought conditions.
A pullback may be seen if the German Q2 GDP shows bigger-than-expected contraction.
While the path of least resistance for EUR/USD is on the higher side, the currency pair looks overbought and may suffer a pullback if Germany
Asian shares, ex-Beijing, cheer hopes of coronavirus vaccine.
US President Trump signed an executive order in response to Hong Kong security law, China to implement sanctions on American policymakers.
BOJ held status-quo with mixed signals from the quarterly report.
Asian equities track Wall Street