Daily Pivots: (S1) 118.30; (P) 118.67; (R1) 118.96; More… A temporary top should be in place at 119.11 with 4 hour MACD staying below signal line. Intraday bias is turned neutral for some consolidations. But downside should be contained well above 116.34 resistance turned support to bring another rally. On the upside, break of 119.11 […]
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Daily Pivots: (S1) 1.3298; (P) 1.3332; (R1) 1.3390; More… Intraday bias in GBP/USD stays neutral at this point. Consolidations from 1.3216 could extend further. But risk will stay on the downside as long as 1.3482 Read more…
Daily Pivots: (S1) 0.7853; (P) 0.7888; (R1) 0.7913; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.7921. Further rally is still expected as long as 0.7746 support holds. Rise Read more…
Markets There was little ‘real’ market relevant news from the conflict in the Middle East, yesterday. There was hardly any progress on ideas/strategies to secure a passage through the Strait of Hormuz. Visibility on how Read more…