Daily Pivots: (S1) 0.7847; (P) 0.7871; (R1) 0.7912; More…. Intraday bias in USD/CHF stays neutral for the moment. Some consolidations would be seen above 0.7828 temporary low. But upside should be limited below 0.8006 resistance to bring another fall. On the downside, break of 0.7828 will resume larger down trend to 61.8% projection of 0.8475 […]
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Daily Pivots: (S1) 1.3295; (P) 1.3382; (R1) 1.3517; More… GBP/USD rebounded strongly but stays below 1.3482 resistance. Intraday bias remains neutral first. Further decline is still in favor. Below 1.3216 will resume the fall from Read more…
Markets remain firmly in risk-off mode, with US equities extending their selloff overnight and Asian markets staying under pressure. The backdrop continues to be dominated by conflicts in the Middle East, with energy markets at Read more…
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