EURGBP reversed from resistance zone Likely to fall to support level 0.8340 EURGBP currency pair recently reversed down from the resistance zone located between the key resistance level 0.8400 (former strong support from June, July and August) intersecting 20-day moving average and the 618% Fibonacci correction of the downward impulse from September. The downward reversal […]
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Markets US September inflation printed hotter than expected and contained some important hawkish details such as rising food prices and accelerating supercore services inflation (to an annualized 3mMA of around 4%). Several Fed officials including Read more…
Daily Pivots: (S1) 1.3695; (P) 1.3735; (R1) 1.3782; More… Intraday bias in USD/CAD remains on the upside as rise from 1.3418 is in progress. Sustained trading above 61.8% retracement of 1.3946 to 1.3418 at 1.3559 Read more…
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