Daily Pivots: (S1) 0.8421; (P) 0.8443; (R1) 0.8463; More… Intraday bias in EUR/GBP remains neutral as consolidation from 0.8399 short term bottom is extending. Stronger recovery might be seen but upside should be limited by 38.2% retracement of 0.8624 to 0.8399 at 0.8485. Break of 0.8399 will bring retest of 0.8382 low. Firm break there […]
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WTI oil futures continue to flatline near a critical support area Bullish trend reversal is a long way above 77.80 WTI oil futures kept their footing above the 67.00-68.00 support region for the third time since the Read more…
The XBR/USD chart reveals that Brent crude oil is trading near its lowest levels of the year. Several factors are pressuring oil prices: → China’s uncertain demand outlook: As the world’s largest crude oil importer, Read more…
The Australian dollar is steady after a five-day slide, which saw the currency fall by 3.5% during that period. In the European session, AUD/USD is trading at 0.6471, up 0.28% on the day. China retail Read more…