Silver reversed from round support level 30.00 Likely to rise to resistance level 32.00 Silver recently reversed up from the round support level 30.00, which has stopped all previous downward corrections from September. The support level 30.00 was strengthened by the lower daily Bollinger Band and by the 61.8% Fibonacci correction of the sharp upward […]
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Daily Pivots: (S1) 191.61; (P) 193.20; (R1) 194.19; More… GBP/JPY’s decline from 198.94 continues today and intraday bias remains on the downside. Deeper fall would be seen to 188.07 support. Firm break there will argue Read more…
Sterling extended its losses at the start of the week as deepening concerns over the UK’s fiscal situation continued to dominate market sentiment. Yields on 10-year UK Gilts surged above 4.88%, inching closer to the Read more…
Markets US December payrolls shifted the needle of US money markets from two to only one additional 25 bps Fed rate cut this year. Headline job growth (+256k vs +165k expected) was the best since Read more…