Silver reversed from support level 20.70 Likely to rise to resistance level 23.50 Silver recently reversed up with the weekly Hammer from the key support level 20.70 (which has been reversing the pair from the end of 2022 as can be seen below) intersecting with the 61.8% Fibonacci correction of the weekly uptrend from last […]
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Daily Pivots: (S1) 1.3295; (P) 1.3382; (R1) 1.3517; More… GBP/USD rebounded strongly but stays below 1.3482 resistance. Intraday bias remains neutral first. Further decline is still in favor. Below 1.3216 will resume the fall from Read more…
Markets remain firmly in risk-off mode, with US equities extending their selloff overnight and Asian markets staying under pressure. The backdrop continues to be dominated by conflicts in the Middle East, with energy markets at Read more…
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