Month: April 2020
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Cable remains behind after approaching 200-day moving average test
GBP / USD reverses earnings overnight See here for global data on coronavirus cases The pair had a wild upward…
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EUR / USD Daily Outlook | Forex action
Daily pivots: (S1) 1.0868; (P) 1.0920; (R1) 1,1008; More… The sharp rise in EUR / USD suggests that the corrective…
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GBP / USD daily outlook | Forex action
Daily pivots: (S1) 1.2465; (P) 1.2554; (R1) 1.2679; More… GBP / USD remains below resistance at 1.2647 despite the current…
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USD / CHF Daily Outlook | Forex action
Daily pivots: (S1) 0.9609; (P) 0.9684; (R1) 0.9729; More… The USD / CHF decline of 0.9802 is now accelerating downward.…
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USD / JPY Daily Outlook | Forex action
Daily pivots: (S1) 106.55; (P) 107.02; (R1) 107.64; More... The USD / JPY rallied after falling to 106.35 and the…
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USD / CAD Daily Outlook | Forex action
Daily pivots: (S1) 1.3881; (P) 1.3920; (R1) 1.3989; More…. The USD / CAD is recovering strongly after plunging to 1.3850…
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AUD / USD remains under pressure after sellers defend 100-day moving average
AUD / USD down 0.8% on the day to 0.6460 See here for global data on coronavirus cases The upper…
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RBA expected to keep cash rate stable until end of next year – Reuters poll
RBA’s latest Reuters survey of economists shows The RBA will meet again next week on May 5 but is expected…
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AUD / USD Daily Report | Forex action
Daily pivots: (S1) 0.6477; (P) 0.6523; (R1) 0.65556; More… The AUD / USD retreat of 0.6569 continues today and the…
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AUD / USD, AUD / JPY Face Pivotal Test
AUSTRALIAN DOLLAR FORECASTS: AUD / USD AND AUD / JPY EYES REVERSED BY BEARS USING THE RISK OF RECESSED UNDER-MEASURED…
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