Daily Pivots: (S1) 0.9809; (P) 0.9847; (R1) 0.9880; More…. EUR/CHF continues to lose upside momentum. But further rally is expected with 0.8720 support intact. On the upside, firm break of 61.8% projection of 0.9407 to 0.9798 from 0.9641 at 0.9883 will solidify the case of medium term bottoming and target 100% projection at 1.0032. In […]
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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…
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