Daily Pivots: (S1) 0.9618; (P) 0.9639; (R1) 0.9661; More…. No change in EUR/CHF’s outlook and intraday stays on the downside. Deeper fall would be seen to 0.9563 support. Decisive break there will argue that whole rise from 0.9252 has completed, and bring deeper fall to 61.8% retracement of 0.9252 to 0.9928 at 0.9510. On the […]
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Unexpected developments from Asia significantly influenced global financial markets last week. China’s surprise stimulus measures invigorated investor sentiment, leading to substantial gains in Chinese and Hong Kong equities, as well as strengthening Chinese Yuan. This Read more…
EUR/USD edged higher to 1.1213 last week but quickly settled back in range. Initial bias remains neutral this week first. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the Read more…