Daily Pivots: (S1) 1.6597; (P) 1.6617; (R1) 1.6634; More… Intraday bias in EUR/USD stays on the downside at this point, for 1.6449 support. Firm break of 1.6449 support will argue that the pattern from 1.6319 Read more…
Daily Pivots: (S1) 0.9636; (P) 0.9647; (R1) 0.9662; More… Intraday bias in EUR/CHF remains neutral for the moment. Some more consolidations could be seen. Further rally is still expected and decisive break of 0.9691 resistance Read more…
GBP/USD is gaining pace above the 1.2575 resistance. EUR/GBP declined heavily below the 0.8720 and 0.8695 support levels. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh increase above Read more…
Daily Pivots: (S1) 1.3581; (P) 1.3648; (R1) 1.3701; More… No change in USD/CAD’s outlook. Stronger support is still expected from 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to contain downside and bring rebound. Break Read more…
Daily Pivots: (S1) 0.6559; (P) 0.6576; (R1) 0.6601; More… Intraday bias in AUD/USD stays on the upside at this point. Current rise from 0.6269 is in progress for falling channel resistance (now at 0.6665) next. Read more…
Daily Pivots: (S1) 1.2548; (P) 1.2581; (R1) 1.2638; More… GBP/USD’s rally continues today and intraday bias stays on the upside for the moment. Current rise from 1.2036 should target for 61.8% retracement of 1.3141 to Read more…
Daily Pivots: (S1) 0.8809; (P) 0.8829; (R1) 0.8848; More…. Intraday bias in USD/CHF stays on the downside as recent decline continues today. Current fall from 0.9243 should target 100% projection of 0.9243 to 0.8886 from Read more…
The gold (XAU) price rose by 0.5% on Friday and finished the day above the important 2,000 mark for the first time since 27 October. XAUUSD Friday’s trading session was relatively quiet, and the market Read more…
The Australian dollar (AUD) gained 0.38% on Friday as the U.S. dropped on expectations that the U.S. interest rates may have peaked. Possible effects for traders It’s incredibly quiet, as you’d expect on the day Read more…
In an interview with ChronicleLive, BoE Governor Andrew Bailey pointed out that the recent decline in inflation is largely attributed to the unwinding of last year’s surge in energy prices. He highlighted two important phases Read more…