Daily Pivots: (S1) 0.9046; (P) 0.9059; (R1) 0.9071; More…. Intraday bias in EUR/CHF stays neutral. While recovery from 0.8979 might extend, further decline is expected with 0.9092 support turned resistance intact. On the downside, firm Read more…
With the aftereffects of the U.S.-Israeli attack on Iran continuing to roil most of the Middle East, air travel into United Arab Emirates cities like Dubai and Abu Dhabi faces severe disruption. On March 16, Read more…
Daily Pivots: (S1) 1.3673; (P) 1.3698; (R1) 1.3716; More… Intraday bias in USD/CAD stays neutral as range trading continues. On the upside, firm break of 1.3751 resistance will suggest that stronger rebound is underway, and Read more…
Daily Pivots: (S1) 0.7063; (P) 0.7091; (R1) 0.7133; More… Intraday bias in AUD/USD stays neutral at this point as sideway trading continues. With 0.6943 support intact, further rally is still expected. On the upside, firm Read more…
Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is extending consolidations from 1.1408 and intraday bias remains neutral. Further decline is expected as long as 1.1666 resistance holds. Below 1.1408 will resume the Read more…
Daily Pivots: (S1) 1.3298; (P) 1.3332; (R1) 1.3390; More… Intraday bias in GBP/USD stays neutral at this point. Consolidations from 1.3216 could extend further. But risk will stay on the downside as long as 1.3482 Read more…
Daily Pivots: (S1) 0.7853; (P) 0.7888; (R1) 0.7913; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.7921. Further rally is still expected as long as 0.7746 support holds. Rise Read more…
Markets There was little ‘real’ market relevant news from the conflict in the Middle East, yesterday. There was hardly any progress on ideas/strategies to secure a passage through the Strait of Hormuz. Visibility on how Read more…
On Tuesday, crude oil pushed higher as Middle East tensions escalated following reports of the killing of senior Iranian figure Ali Larijani. Experts suggested this could prompt Iran to intensify attacks on Gulf countries. This Read more…
In focus today Focus remains on the Middle East, particularly on Iran’s response to Israel killing its top security chief and the potential repercussions for global energy markets. The main event will be the FOMC Read more…