The US dollar extended gains and gold hit a fresh ATH fuelled by fresh tariff threats from Donald Trump. In addition, China now allows insurers to buy gold and hold 1% of their holdings in the precious metal as other investment options are not ideal at the moment. And this policy shift in favour of […]
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Daily Pivots: (S1) 151.29; (P) 151.91; (R1) 152.63; More… Intraday bias in USD/JPY stays neutral for the moment. Attention stays on 38.2% retracement of 139.57 to 158.86 at 151.49. Strong bounce from there, followed by Read more…
Daily Pivots: (S1) 0.9098; (P) 0.9110; (R1) 0.9127; More… USD/CHF’s consolidation from 0.9200 is still in progress and intraday bias remains neutral. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break Read more…
Daily Pivots: (S1) 1.2341; (P) 1.2381; (R1) 1.2408; More… Intraday bias in GBP/USD’s remains neutral as corrective pattern from 1.2099 is still extending. Stronger recovery might be seen but upside should be limited by 38.2% Read more…