Daily Pivots: (S1) 0.6997; (P) 0.7018; (R1) 0.7046; More… Intraday bias in AUD/USD is mildly on the downside at this point, for 0.6868 support. Decisive break there will argue that whole rebound from 0.6680 is finished. On the upside, break of 0.7135 will resume the rise from 0.6680 towards 0.7282 resistance. In the bigger picture, […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…