RBA left its cash rate target unchanged at 4.35%, as widely anticipated. It maintained its stance of “not ruling anything in or out,” indicating a cautious approach and open stance amid ongoing economic uncertainties. While inflation is easing, RBA noted that it is doing so “more slowly than previously expected,” and inflation “remains high.” The […]
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Daily Pivots: (S1) 1.1008; (P) 1.1030; (R1) 1.1052; More…. Intraday bias in EUR/USD remains neutral, with focus on 1.1001 cluster support (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Strong rebound from this level will Read more…
Daily Pivots: (S1) 1.3050; (P) 1.3166; (R1) 1.3241; More… GBP/USD’s fall from 1.3433 short term top is in progress. Intraday bias remains on the downside for deeper decline. But strong support is expected from 1.3000 Read more…
Daily Pivots: (S1) 0.8499; (P) 0.8521; (R1) 0.8551; More… Intraday bias in USD/CHF stays neutral as range trading continues. On the upside, firm break of 0.8548 will argue that it’s correcting whole fall from 0.9223. Read more…