Daily Pivots: (S1) 1.0529; (P) 1.0564 (R1) 1.0595; More… EUR/USD’s break of 1.0641 resistance should confirm short term bottoming at 1.0348, just ahead of 1.0339 long term support. Intraday bias is back on the upside for 55 day EMA (now at 1.0766). Break there will target 1.0935 resistance next. On the downside, however, below 1.0532 […]
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Goldman Sachs just made it official: The pain at the pump is not going away anytime soon. The bank now expects Brent crude to average above $100 a barrel in March and $85 in April, Read more…