Daily Pivots: (S1) 1.7441; (P) 1.7514; (R1) 1.7565; More… Intraday bias in EUR/AUD is turned neutral firs with current recovery. Another fall is mildly in favor as long as 1.7886 resistance holds. Sustained break of 55 D EMA (now at 1.7418) will target 61.8% retracement at 1.6953. On the upside, though, break of 1.7886 resistance […]
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GBPUSD sends mixed signals near key support area of 1.3250. Bulls need a decisive close above 1.3285. GBPUSD seems to have ended Monday’s session with an inverted hammer candlestick – a potential sign of a Read more…
Eurozone PPI fell -1.6% mom in March, dragged down by a steep -5.8% mom drop in energy costs. Excluding energy, however, PPI ticked up 0.1% mom. Annually, PPI stood at 1.9% yoy, down from prior Read more…
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