Daily Pivots: (S1) 0.7882; (P) 0.7904; (R1) 0.7939; More…. Intraday bias in USD/CHF remains neutral for the moment, as consolidations continue below 0.7957. As noted before, rise from 0.7603 should be correcting whole decline from 0.9200. Above 0.7957 will target 38.2% retracement of 0.9200 to 0.7603 at 0.8213. This will remain the favored case as […]
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Eurozone Manufacturing PMI was finalized at 52.2 in April, rising from March’s 51.6 and marking a 47-month high, signaling a broad-based expansion across the bloc. Notably, all eight countries covered in the survey registered readings Read more…
Gold price is consolidating above the $2,565 support zone. Crude oil is showing bearish signs and might decline below $96.50. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold price started a Read more…
Markets Focus went to the US last Friday with several European markets closed for May Day holiday. The US manufacturing ISM for the month of April was the defining intraday moment. While the headline ISM Read more…