Daily Pivots: (S1) 0.8659; (P) 0.8670; (R1) 0.8686; More… Intraday bias in EUR/GBP is turned neutral first with current recovery. But further fall is expected as long as 0.8718 resistance holds. Below 0.8652 will extend the decline from 0.8740 to retest 0.8610 low. However, break of 0.8718 will resume the rebound from 0.8610 through 0.8740 […]
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On the daily chart, USD/CHF is in a recovery phase, currently sandwiched between the 50-day MA (0.7845) and 100-day MA (0.7865). The H4 chart shows a more defined bullish structure, featuring a “Golden Cross” (100-period Read more…
SNB Chair Martin Schlegel warned that the Middle East conflict is injecting significant uncertainty into the global economy, with rising energy prices set to push inflation higher in the months ahead. He noted that “the Read more…