Daily Pivots: (S1) 1.3256; (P) 1.3295; (R1) 1.3361; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Rebound from 1.3176 short term bottom should extend to 38.2% retracement of 1.3897 to 1.3176 at 1.3451. On the downside, break of 1.3176 is needed to confirm resumption of the fall from 1.3897. Otherwise, […]
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NZDUSD hits fresh lows on US tariff threats Technical outlook remains gloomy RBNZ rate decision due on Wednesday at 01:00 GMT NZDUSD plunged to a one-year low of 0.5795 early on Tuesday following Trump’s renewed Read more…
In an interview with Helsingin Sanomat, ECB Vice President Luis de Guindos acknowledged the shifting priorities of the ECB as inflation continues to decline. Inflation is expected to return to the medium-term target of 2% Read more…
Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…