GBP/JPY 4H Chart: Breakout Occurs
Upside risks dominated the British Pound versus the Japanese Yen during the past week. The currency pair appreciated...
AUD/JPY 4H Chart: Tests Weekly PP At 79.03
During the last week, the Australian Dollar appreciated about 1.82% against the Japanese Yen. This surge was stopped...
AUD/USD Likely To Trade Sideways
The Australian Dollar depreciated about 71 base points against the US Dollar on Wednesday. The decline was stopped...
GBP/USD Intraday Support Around 1.3285
Pivot (invalidation): 1.3285 Our preference Long positions above 1.3285 with targets at 1.3350 & 1.3375 in extension. Alternative...
Market Morning Briefing: USDCNY Fell Sharply From 6.69
STOCKS The rally in the global equities seems to have halted. A near-term correction is on the cards...
EUR/GBP: Break Below Multi-Month Range Could Signal Stronger Bearish Acceleration
The cross accelerated lower on Wednesday and broke below the floor of Oct 2017/Jan 2019 range, to hit...
Soybeans Futures On Course for Possible Downward Movement
Soybeans futures pulled back on the medium-term ascending trend line and the 23.6% Fibonacci retracement level of the...
USDCHF Risk Remains Lower Towards 0.9921 Support Zone
USDCHF risk remains lower towards 0.9921 support zone. Resistance comes in at the 1.0000 level. A break of...
S&P 500 Turning Down
Pivot (invalidation): 2815.00 Our preference Short positions below 2815.00 with targets at 2781.00 & 2763.00 in extension. Alternative...
Market Morning Briefing: Aussie Is Trading Below Resistance Zone Of 0.72-0.7250
STOCKS Major global indices continues to remain bullish and has room for further rise in the short term....
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