Daily Pivots: (S1) 0.9913; (P) 0.9972; (R1) 1.0005; More… USD/CHF’s fall from 1.0146 extends lower today but stays above 0.9779 support. Intraday bias remains neutral first. On the upside, break of 1.0146 will resume larger up trend to 1.0283 projection level. However, firm break of 0.9779 will be a sign of reversal, and bring deeper […]
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Key Highlights GBP/USD started a fresh increase from the 1.3450 support zone. A rising channel is forming with resistance at 1.3660 on the 4-hour chart. EUR/USD could regain traction if it clears the 1.1750 resistance. Read more…
New Zealand’s labor market showed tentative signs of stabilization in the first quarter, with the unemployment rate unexpectedly falling from 5.4% to 5.3%, below expectations for no change. Employment rose 0.2% qoq, slightly under the Read more…
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