Natural Gas rising inside impulse waves 3 and (3) Likely to reach resistance level 3.150 Natural Gas continues to rise inside the impulse waves 3 and (3), which recently broke the resistance area located between the key resistance level 2.600 and the 50% Fibonacci correction of the downward impulse from June. The breakout of this […]
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Daily Pivots: (S1) 1.3278; (P) 1.3318; (R1) 1.3389; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside. Decisive break of 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 Read more…
Daily Pivots: (S1) 0.8449; (P) 0.8484; (R1) 0.8510; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral at this point. On the downside, break of 0.8374 will resume the fall Read more…
Markets Horrible European PMI business confidence (September) triggered a textbook bull steepening. German rates dropped between -2.8 (30-yr) and -8.1 (2-yr) bps. The spread between the 10-yr and 2-yr hit a milestone by turning positive Read more…