Daily Pivots: (S1) 1.1539; (P) 1.1564; (R1) 1.1599; More… EUR/USD’s rebound from 1.1390 resumed after brief consolidations and intraday bias is back on the upside. Current development affirms that case that fall from 1.1829 has completed as a three-wave correction. Further rally should be seen to retest 1.1788/1820 resistance zone. On the downside, however, break […]
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Gold prices are experiencing a selloff driven by rising oil prices (fueling inflation concerns) and dampened sentiment regarding a potential US-Iran deal Technical analysis indicates an accelerating bearish momentum, with Gold breaking below both the Read more…
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Commodity-linked currencies are trading near key levels, showing restrained price action as market participants adopt a wait-and-see approach. The fundamental backdrop is shaped by expectations surrounding the release of Australia’s inflation data and the Bank Read more…