Daily Pivots: (S1) 1.2910; (P) 1.2934; (R1) 1.2958; More… Further rally remains in favor in GBP/USD with 1.2860 support intact. On the upside, sustained trading above 61.8% retracement of 1.3433 to 1.2099 at 1.2923 will pave the way back to 1.3433 high. However, break of 1.2860 will indicate short term topping, and turn bias back […]
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The Euro holds in extended consolidation under new 5-month high, following strong rally in past two weeks. Technical picture remains bullish on daily chart, though overbought RSI and fading bullish momentum, keep in play risk Read more…
U.S. equity futures edged lower in early Monday trading, while global oil prices jumped to a two-week high and Treasury yields steadied, as investors looked to crucial five-day stretch on Wall Street highlight by a Read more…
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