Daily Pivots: (S1) 1.6547; (P) 1.6631; (R1) 1.6696; More… Breach of 1.6579 minor support suggests temporary topping at 1.6712 and intraday bias in EUR/AUD is turned neutral. Some consolidations would be seen first. On the upside, break of 1.6712 will resume the rally from 1.5693 to retest 1.7180 high next. In the bigger picture, EUR/AUD […]
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History shows that missing a Santa Claus rally could spell trouble for the year ahead. Jeffery Hirsch, editor in chief of the Stock Trader’s Almanac, joined TheStreet to discuss the potential market risks that could Read more…