Daily Pivots: (S1) 1.0490; (P) 1.0536; (R1) 1.0576; More… A temporary low is formed at 1.0495 in EUR/USD, just ahead of 100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. Intraday bias is turned neutral for consolidations first. But outlook will remain bearish as long as 1.0760 support turned resistance holds. Firm break of […]
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EURUSD plunged to a six-month low of 1.0543 on Friday amid strong support for the US dollar following the US presidential election and recent comments from Federal Reserve officials. Federal Reserve Chair Jerome Powell’s recent Read more…
USDCAD snaps long-term range above 1.4000 Bulls may take a breather; overall outlook remains bullish USDCAD enjoyed a lovely session on Thursday, and it even found fresh buying interest to tick to a new four-year high of Read more…
Market Picture The cryptocurrency market continues to cool for the third day in a row, falling 1.7% in the last 24 hours to $2.92 trillion. This is a retest of the lower end of a Read more…