Daily Pivots: (S1) 1.2947; (P) 1.2996; (R1) 1.3086; More… Intraday bias in USD/CAD is back on the upside with break of 1.3063 temporary top. As noted before, corrective decline from 1.3222 could have completed with three waves down to 1.2726. Further rise should be seen to retest 1.3222 high next. Decisive break there will resume […]
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Markets Yesterday’s price moves on almost all markets were again highly correlated to the intraday swings in oil prices. Brent oil in Asian trading almost touched the $120 p/b level as the there was no Read more…
Key takeaway: Relative resilience in Asia: The Hang Seng Index and CSI 300 outperformed most Asian peers during the US–Iran war 2026, declining only -3.3% and -1.1% respectively from 27 Feb to 6 Mar, while Read more…
Rare are days in the markets when you get this much volatility. Asian indices were deeply sold, while US and European futures were down by 2–3% as US crude prices had spiked to $120pb on Read more…