Daily Pivots: (S1) 1.6351; (P) 1.6382; (R1) 1.6420; More… Intraday bias in EUR/AUD remains mildly on the downside at this point. Fall from 1.6842 should extend to retest 1.6125 low. Firm break there will resume whole down trend from 1.8554 to 1.5913 fibonacci level next. On the upside, above 1.6477 minor resistance will turn intraday […]
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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…