Daily Pivots: (S1) 0.8363; (P) 0.8381; (R1) 0.8407; More… Intraday bias in EUR/GBP stays neutral at this point. Also, near term outlook remains bearish. On the downside, break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the […]
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USD/CHF is poised for a potential bullish move following a recent breakout, supported by a confluence of technical and fundamental factors. The Swiss National Bank’s preference for a weaker CHF and the repricing of Fed Read more…
The Australian dollar has extended its losses for a sixth straight day and is down 2.5% during that period. In the European session, AUD/USD is trading at 0.6736, down 0.29%. RBA minutes: Board considered scenarios Read more…
Daily Pivots: (S1) 1.0956; (P) 1.0972; (R1) 1.0989; More…. Intraday bias in EUR/USD is turned neutral first with current recovery. Fall from 1.1213 short term top is expected to continue as long as 1.1082 resistance Read more…