Daily Pivots: (S1) 1.1207; (P) 1.1226; (R1) 1.1248; More… Intraday bias in EUR/USD stays on the upside despite some loss of momentum. Further rally would be seen to 1.1273 fibonacci level. Firm break there will Read more…
Gold prices dipped as investors took profits following a near one-month high, but still recorded their biggest weekly gain since April on expectations of a pause in U.S. interest rate hikes. Spot gold was down Read more…
DXY: The DXY (US Dollar Index) chart is currently showing a bearish momentum. However, the market could potentially make a bullish bounce off the 1st support and move towards the 1st resistance. The 1st support Read more…
DXY: The DXY (US Dollar Index) chart is currently showing a bearish momentum. However, the market could potentially make a bullish bounce off the 1st support and move towards the 1st resistance. The 1st support Read more…
Dow Jones Industrial Average (DJIA) has underperformed the S&P 500 and Nasdaq 100 in the past two weeks. Last Friday’s initial bullish price actions of DJIA retreated at 34,630 key range resistance. Minor uptrend from Read more…
EUR/USD: Falling Inflation Has Crushed the Dollar So, we can either congratulate (or, conversely, upset) everyone with the onset of a global process of dedollarization. As Bloomberg reports, after the inflation rate in the US Read more…
EUR/USD: Falling Inflation Has Crushed the Dollar So, we can either congratulate (or, conversely, upset) everyone with the onset of a global process of dedollarization. As Bloomberg reports, after the inflation rate in the US Read more…