Daily Pivots: (S1) 1.7374; (P) 1.7410; (R1) 1.7430; More… Intraday bias in EUR/AUD remains neutral for the moment. Risk will stay on the downside as long as 1.7477 support turned resistance holds. Current decline is seen as the third leg of the corrective pattern from 1.8554. Below 1.7287 will target 1.7245 support, and then 1.6922 […]
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Daily Pivots: (S1) 1.1548; (P) 1.1594; (R1) 1.1681; More…. EUR/USD’s recovery from 1.1506 continues today, but stays well below 1.1740 support turned resistance. Intraday bias remains neutral, and further decline is still expected. Break of Read more…
Global markets extended their recovery today as fears of a catastrophic disruption in global oil supply continued to ease. Asian and European equities rebounded broadly, although US futures were relatively sluggish. WTI crude also remains Read more…
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