Daily Pivots: (S1) 1.3769; (P) 1.3788; (R1) 1.3820; More… Intraday bias in USD/CAD remains neutral for consolidations, but further fall is expected with 1.3870 resistance intact. On the downside, sustained trading below 61.8% retracement of Read more…
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Daily Pivots: (S1) 0.9308; (P) 0.9318; (R1) 0.9326; More…. Intraday bias in EUR/CHF remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 0.9317) will argue that rebound from Read more…
Daily Pivots: (S1) 0.8744; (P) 0.8759; (R1) 0.8768; More… Intraday bias in EUR/GBP stay neutral and further decline is mildly in favor with 0.8800 resistance intact. On the downside, break of 0.8720 will bring deeper Read more…
Daily Pivots: (S1) 1.7690; (P) 1.7719; (R1) 1.7743; More… Intraday bias in EUR/AUD remains neutral for the moment. Fall from 1.8160 could have completed at 1.7477. On the upside, above 1.7804 will solidify this case Read more…
Daily Pivots: (S1) 183.01; (P) 183.88; (R1) 185.56; More… EUR/JPY’s rally is in progress and intraday bias stays on the upside for 186.31 long term projection level next. On the downside, below 184.06 minor support Read more…
At its meeting on 18 December, the European Central Bank (ECB) left all key interest rates unchanged, maintaining the deposit facility rate at 2.0%. The decision was widely anticipated, offering no fresh catalyst for meaningful Read more…
As the XAU/USD chart shows, gold has climbed above $4,400 today, setting a new all-time high. On Friday, when analysing the gold chart, we highlighted a triangle formation and noted strong selling pressure near the Read more…
Gold price started a fresh surge above $4,350 and traded to a new all-time high. Crude oil is recovering and might rise toward the $58.50 resistance zone. Important Takeaways for Gold and WTI Crude Oil Read more…
Asia Market Wrap – Nikkei Rises 1.9% as Global Equities Rise Stock markets around the world are rising as investors feel optimistic about a strong finish to the year, encouraged by recent gains in the Read more…