Category: Daily Forex Technical Reports

Daily Pivots: (S1) 130.83; (P) 132.35; (R1) 133.20. EUR/JPY’s fall from 135.47 accelerates today and dives to as low as 129.80 so far. Break of 131.00 support confirms that whole decline from…

Daily Pivots: (S1) 0.8618; (P) 0.8666; (R1) 0.8723; AUD/USD weakens further today but it’s still holding above 0.8589 support. Intraday bias remains neutral for the moment. Note that break of 0.8589 will…

Daily Pivots: (S1) 1.0849; (P) 1.0915; (R1) 1.0972. USD/CAD’s rally is still in progress and at this point, intraday bias remains on the upside for 1.1101 resistance first. Break there will confirm…

Daily Pivots: (S1) 1.0230; (P) 1.0285; (R1) 1.0328; USD/CHF’s recovery from 1.0185 extended further today but is still limtied below 1.0388 resistance. Intraday outlook remains neutral for the moment. Break of 1.0388…

Daily Pivots: (S1) 1.5889; (P) 1.5977; (R1) 1.6038; GBP/USD’s fall extends further to as low as 1.5769 so far today, meeting mentioned target of 100% projection of 1.7043 to 1.6111 from 1.6740…

Daily Pivots: (S1) 88.97; (P) 90.16; (R1) 90.83; USD/JPY’s dived to as low as 88.23 before turning sideway. At this point, intraday bias remains on the downside and fall from 97.77 is…

Daily Pivots: (S1) 1.4629; (P) 1.4676; (R1) 1.4738; EUR/USD’s fall from 1.4842 continued today and the break of 1.4611 support confirms that a short term top is at least in place at…

Previous session overview The dollar fell to an eight-month-low against the yen in Asia Monday due to a growing view that U.S interest rates will remain low for longer than expected, while…