In the second half of April, the USD/CAD chart has shown a decline in volatility following significant spikes observed since February. The Canadian dollar has stabilised against the US dollar within the 1.390–1.380 range over Read more…
On Friday, the major currency pair became further entrenched within a local sideways channel, hovering around 1.1339. The US dollar retained gains accumulated over recent sessions, supported by US President Donald Trump’s confirmation that trade Read more…
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Daily Pivots: (S1) 0.9352; (P) 0.9381; (R1) 0.9428; More…. EUR/CHF’s break of 0.9408 resistance argues that fall from 0.9660 has already completed at 0.9218. Intraday bias is back on the upside for stronger rebound back Read more…
Daily Pivots: (S1) 0.8525; (P) 0.8545; (R1) 0.8559; More… Intraday bias in EUR/GBP remains neutral and consolidation from 0.8737 might extend. Still, further rise is expected as long as 0.8518 support holds. On the upside, Read more…
Daily Pivots: (S1) 1.7723; (P) 1.7797; (R1) 1.7844; More… Intraday bias in EUR/AUD remains neutral first, as consolidations from 1.8553 continues. Downside of pull back should be contained by 38.2% retracement of 1.5963 to 1.8854 Read more…
Daily Pivots: (S1) 162.01; (P) 162.27; (R1) 162.71; More… Range trading continues in EUR/JPY and outlook is unchanged. Intraday bias remains neutral. On the upside, above 164.16 will resume the rally from 154.77 to 164.89 Read more…
Daily Pivots: (S1) 189.57; (P) 189.98; (R1) 190.65; More… GBP/JPY’s rebound from 184.35 extended higher today and break of 190.06 resistance suggests that fall from 195.95 has completed already. Intraday bias is back on the Read more…
Recently suffering its worst 6-day performance in over three years, WTI crude oil has recently found support, trading ~15% higher than lows made earlier this month Currently trading around $63.65 per barrel, WTI will need Read more…
Markets Market sentiment these days is fluid and conditional to all kinds of headlines. For once, during yesterday’s session, the ‘news flow-headlines-rumours combo’ protractedly moved from a hesitant start toward a risk-on session. US indices Read more…