EURGBP moves inside correction (ii) Possible test of 0.8800 support level The EURGBP currency pair previously reversed down with the daily bearish engulfing from the strong resistance area surrounding the key resistance level 0.8950 (which also reversed the pair in September). A downward reversal from the resistance level 0.8950 marked the beginning of an active […]
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Daily Pivots: (S1) 1.1590; (P) 1.1628; (R1) 1.1650; More…. Intraday bias in EUR/USD remains neutral first, but focus is back on 1.1506 temporary low with today’s decline. Firm break there will resume the fall from Read more…
Dollar advanced broadly today as risk aversion swept through global markets. Asian equities declined while investors moved back toward safe-haven assets amid growing doubts about the narrative that the Iran war is nearing an end. Read more…
Bitcoin is in a “transition phase,” consolidating below $70,000 after retreating from $71,000, however the recovery lacks the “ingredients of a decisive bullish turn”. Despite accelerating institutional inflows into US Spot Bitcoin ETFs, the average Read more…