Daily Pivots: (S1) 1.6265; (P) 1.6301; (R1) 1.6348; More… Intraday bias in EUR/AUD is turned neutral with current recovery. Further fall is expected as long as 1.6423 resistance holds. Below 1.6246 will bring retest of 1.6125 low. Decisive break there will resume whole fall from 1.8554. However, considering bullish convergence condition in 4H MACD, firm […]
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Swiss inflation picked up modestly in April, with headline CPI rising 0.3% month-on-month, driven largely by higher energy and travel-related costs. According to the Federal Statistical Office, increases in petrol, diesel and heating oil prices Read more…
The short‑term Elliott Wave view in Gold (XAUUSD) shows that the rally from the March 23 low completed as wave (1) at 4889.24. After this peak, a corrective pullback in wave (2) began, retracing the Read more…
Daily Pivots: (S1) 211.81; (P) 212.73; (R1) 213.68; More… Intraday bias in GBP/JPY stays neutral for consolidations above 210.43. Risk will stay on the downside as long as 55 4H EMA (now at 214.28) holds. Read more…