Following last week’s robust US data, the dollar surged against all its major counterparts, gaining the most against the risk-linked currencies aussie and kiwi. Investors revised up their expectations with regards to the Fed’s future course of action, admitting for the first time that they were probably wrong in pricing in a lower peak in […]
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Daily Pivots: (S1) 0.8616; (P) 0.8628; (R1) 0.8639; More… Intraday bias in EUR/GBP remains on the downside at this point. Firm break of 0.8611 will resume the whole decline from 0.8863, and target 100% projection Read more…
Daily Pivots: (S1) 1.6176; (P) 1.6228; (R1) 1.6319; More… A temporary low is in place at 1.6125 with current recovery, and intraday bias is turned neutral in EUR/AUD first. Still, outlook will remain bearish as Read more…
Daily Pivots: (S1) 0.9025; (P) 0.9039; (R1) 0.9064; More…. EUR/CHF is extending consolidations pattern from 0.8979 and intraday bias stays neutral. Near term outlook remains bearish with 0.9149 resistance intact. On the downside, below 0.8979 Read more…