Daily Pivots: (S1) 1.2369; (P) 1.2438; (R1) 1.2478; More… GBP/USD’s fall from 1.3141 is in progress and intraday bias stays on the downside. Next target is 100% projection of 1.3141 to 1.2618 from 1.2799 at 1.2276. On the upside, however, firm break of 1.2547 resistance will now indicate short term bottoming, and bring stronger rebound. […]
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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…