Daily Pivots: (S1) 1.1549; (P) 1.1573; (R1) 1.1596; More… EUR/USD retreated after hitting 55 4H EMA (now at 1.1573), and intraday bias is turned neutral first. On the upside, above 1.1596 will affirm the case that correction from 1.1829 has completed with three waves at 1.1390. Further rally should then be seen to retest 1.1788/1820 […]
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Bitcoin is in a “transition phase,” consolidating below $70,000 after retreating from $71,000, however the recovery lacks the “ingredients of a decisive bullish turn”. Despite accelerating institutional inflows into US Spot Bitcoin ETFs, the average Read more…
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Key Highlights GBP/USD started a recovery wave above 1.3380. A major bearish trend line is forming with resistance at 1.3450 on the 4-hour chart. Crude oil prices saw heavy swing moves above the $80.00 pivot Read more…