Daily Pivots: (S1) 1.0884; (P) 1.0906; (R1) 1.0945; More… Intraday bias in EUR/USD remains neutral as consolidations continue below 1.0946. In case of another fall, downside should be contained by 38.2% retracement of 1.0358 to Read more…
Daily Pivots: (S1) 1.2940; (P) 1.2970; (R1) 1.3020; More… While upside momentum in GBP/USD is unconvincing as seen in 4H MACD, further rally is expected as long as 1.2910 support holds. Sustained trading above 61.8% Read more…
Daily Pivots: (S1) 0.8786; (P) 0.8821; (R1) 0.8844; More… USD/CHF weakened after rejection by 55 4H EMA (now at 0.8844), but stays in range above 0.8757. Intraday bias stays neutral for the moment. In case Read more…
Daily Pivots: (S1) 147.89; (P) 148.45; (R1) 149.20; More… Intraday bias in USD/JPY stays neutral at this point. While recovery from 146.52 might extend further, upside should be limited by 150.92 support turned resistance. On Read more…
Risk appetite in Asian markets has been solid this week, support by optimism surrounding China’s latest measures to boost domestic consumption. Hong Kong stocks continue to lead gains in the region. Meanwhile, in the forex Read more…
Gold surged further above the 3000 psychological level today, extending its record-breaking rally as geopolitical uncertainty, trade tensions, and global monetary easing continue to fuel demand. Trade tensions remain front and center with investors are Read more…
RBA Chief Economist and Assistant Governor Sarah Hunter reinforced the central bank’s cautious stance on further rate cuts. She emphasized in a speech today that while the February cut was deemed an appropriate time to Read more…
Key Highlights Gold started a fresh surge and traded to a new record high above $3,000. It broke a major bearish trend line with resistance at $2,920 on the 4-hour chart. Bitcoin is still struggling Read more…
Many months ago, gamers began experiencing strange crashes with their 13th and 14th Gen Intel Core i9 CPUs — but that was just the tip of the iceberg. Intel has now extended its warranty by Read more…
Gold (XAU/USD) tested the $3000/oz level but faces resistance, with key support at 2994, 2982, and 2950. Increased Gold ETF inflows and significant central bank buying are supporting gold prices amidst economic uncertainty. Geopolitical tensions, Read more…