Daily Pivots: (S1) 0.8610; (P) 0.8646; (R1) 0.8676; More… USD/CHF’s fall from 0.8710 short term top is in progress and deeper decline would be seen to 55 D EMA (now at 0.8614). Sustained break there will argue that the rebound from 0.8374 has completed, and bring deeper fall back to this low. On the upside, […]
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The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…