The Euro is trading within a tight range on Wednesday, as recovery rally from 1.0349 low failed to clear pivotal barriers at 1.0767 (55DMA/50% retracement of 1.1184/1.0349), but subsequent pullback was strongly rejected and contained by rising 10DMA, keeping the downside protected for now. Daily studies are mixed and lack clearer direction signal, while traders […]
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Daily Pivots: (S1) 0.6336; (P) 0.6373; (R1) 0.6393; More… Intraday bias in AUD/USD stays neutral for the moment. On the downside, firm break of 0.6327 support will suggest that the corrective rebound from 0.6087 has Read more…
Daily Pivots: (S1) 1.4183; (P) 1.4210; (R1) 1.4251; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen above 1.4150. Further decline is expected with 1.4378 resistance intact. Fall from 1.4791 is Read more…
Daily Pivots: (S1) 0.9370; (P) 0.9403; (R1) 0.9425; More…. Intraday bias in EUR/CHF stays neutral as range trading continues. On the downside, firm break of 0.9359 will revive the case that choppy rise from 0.9204 Read more…