The US dollar recovered after the Fed cautioned that rates could go higher than expectations. The rally has come to a halt in May 2020’s consolidation area. A combination of profit-taking and fresh selling has weighed on short-term sentiment. A tentative break below the daily support 1.3500 has put the bulls under pressure. A bearish […]
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Daily Pivots: (S1) 1.0453; (P) 1.0492; (R1) 1.0534; More… Range trading continues in EUR/USD and intraday bias remains neutral. More consolidations could be seen above 1.0330 temporary low but further decline is expected as long Read more…
Daily Pivots: (S1) 1.2536; (P) 1.2575; (R1) 1.2608; More… GBP/USD is staying in range above 1.2486 temporary low and intraday bias stays neutral. More consolidations could be seen and further decline is expected as long Read more…
Daily Pivots: (S1) 0.8835; (P) 0.8877; (R1) 0.8905; More… Range trading continues in USD/CHF below 0.8956 and intraday bias remains neutral. More consolidations could be seen and outlook will stay bullish as long as 0.8800 Read more…