Daily Pivots: (S1) 1.7769; (P) 1.7834; (R1) 1.7896; More… EUR/AUD’s break of 1.7872 resistance argues that pullback from 1.8094 has completed already. Strong support from 55 D EMA (now at 1.7706) suggests that rise from 1.7245 is still in progress. Intraday bias is back on the upside for 1.8094 first. Firm break there will target […]
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Key takeaways Macro risks and policy divergence in focus: Markets are bracing for the Reserve Bank of Australia rate decision, while strong US data reinforces a “higher-for-longer” Fed stance. Meanwhile, escalating US–Iran tensions have pushed Read more…
Key Highlights Gold started a fresh decline below the $4,650 support. A connecting bearish trend line is forming with resistance at $4,610 on the 4-hour chart. WTI Crude Oil regained traction and climbed above $105. Read more…
Gold resumed its near-term slide as tensions in the Strait of Hormuz escalated sharply, after Iran struck multiple vessels and set a UAE oil port ablaze. The developments triggered a fresh surge in oil prices Read more…