Daily Pivots: (S1) 0.9381; (P) 0.9399; (R1) 0.9433; More…. EUR/CHF continues to trade in converging range and intraday bias stays neutral. For now, the favored case is that rise from 0.9209 low is not finished yet. Break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. However, break of 0.9332 […]
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ECB Governing Council member François Villeroy de Galhau indicated today that a rate cut is “very probable” at the upcoming meeting next week. Speaking on Franceinfo radio, Villeroy emphasized that this move “won’t be the Read more…
NZDUSD continues the bearish correction Technical oscillators are mixed NZDUSD plunged significantly after the RBNZ’s decision to cut interest rates by 50 bps. The pair remained closed to the 0.6100 round number and is holding Read more…
Short Term Elliott Wave View in GBPJPY suggests that cycle from 9.11.2024 low is currently in progress as a zigzag. Up from 9.11.2024 low, wave A ended at 195.97. Pullback in wave B also unfolded Read more…