Daily Pivots: (S1) 0.6995; (P) 0.7037; (R1) 0.7119; More… AUD/USD is still bounded in established range below 0.7146 despite some volatility. Intraday bias stays neutral for the moment. Outlook stays bullish with 0.6896 support intact. On the upside, break of 0.7146 will resume larger up trend to 0.7206 fibonacci level. However, firm break of 0.6896 […]
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Markets Yesterday’s price moves on almost all markets were again highly correlated to the intraday swings in oil prices. Brent oil in Asian trading almost touched the $120 p/b level as the there was no Read more…
Key takeaway: Relative resilience in Asia: The Hang Seng Index and CSI 300 outperformed most Asian peers during the US–Iran war 2026, declining only -3.3% and -1.1% respectively from 27 Feb to 6 Mar, while Read more…
Rare are days in the markets when you get this much volatility. Asian indices were deeply sold, while US and European futures were down by 2–3% as US crude prices had spiked to $120pb on Read more…