On 10 March, analysing the EUR/USD chart, we: → considered the long-term descending channel, which remains relevant; → noted that the sequence of lower lows A–H was broken with the appearance of a higher peak Read more…
Palantir‘s (PLTR) CEO Alex Karp is jumping into the Middle East fracas, courtesy of his latest comments. The CEO said in plain words that Palantir’s software is helping U.S. allies in the Middle East. Palantir Read more…
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GBP/USD is holding near 1.3315 on Tuesday. The pound posted a modest gain the previous day but remains close to three-month lows amid ongoing uncertainty over the impact of the Middle East conflict on the Read more…
Markets More than two weeks after the start of the military action of the US and Israel against Iran, markets yesterday apparently reached a Short term evaluation point. After adapting towards stagflationary risk due to Read more…
Daily Pivots: (S1) 211.06; (P) 211.60; (R1) 212.38; More… Intraday bias in GBP/JPY is turned neutral first with current recovery. Outlook is unchanged that rebound from 207.20 could have completed with three waves up to Read more…
Daily Pivots: (S1) 182.16; (P) 182.69; (R1) 183.51; More… EUR/JPY edged lower to 181.85 but quickly recovered. Intraday bias stays neutral first. On the downside, below 181.85 will target 180.78 support. Decisive break there will Read more…
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Daily Pivots: (S1) 0.8621; (P) 0.8636; (R1) 0.8653; More… EUR/GBP is staying in consolidations above 0.8615 and intraday bias remains neutral. Further decline is expected as long as 55 D EMA (now at 0.8691) holds. Read more…
Daily Pivots: (S1) 1.6227; (P) 1.6292; (R1) 1.6334; More… EUR/AUD is extending consolidations above 1.6125 and intraday bias remains neutral. Further decline is expected with 1.6594 resistance intact. Firm break of 1.6125 will resume the Read more…