Daily Pivots: (S1) 0.9572; (P) 0.9588; (R1) 0.9597; More… EUR/CHF’s strong rally today and break of 0.9646 resistance confirms short term bottoming at 0.9513. Considering bullish convergence conditiom in D MACD, the down trend from 1.0095 might have completed too. Intraday bias is back on the upside for 38.2% retracement of 1.0095 to 0.9513 at […]
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Daily Pivots: (S1) 1.7367; (P) 1.7431; (R1) 1.7521; More… Intraday bias in EUR/AUD remains neutral at this point. Further fall is in favor as long as 1.7628 resistance holds. Below 1.7245 will target 61.8% retracement Read more…
Daily Pivots: (S1) 0.9382; (P) 0.9402; (R1) 0.9430; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. Rebound from 0.9218 is either as a corrective move or the third leg of the pattern Read more…
Markets The new leg in the ‘reflation rebound’ as triggered by a promising outcome in US-Sino trade talks last weekend ran into resistance. US yields yesterday were closing in on some kind of a technical Read more…