Daily Pivots: (S1) 0.9308; (P) 0.9335; (R1) 0.9381; More…. EUR/CHF’s rebound from 0.9218 extended higher but stays below 0.9408 resistance. Intraday bias remains neutral and outlook stays bearish as long as 0.9408 resistance holds. On the downside, firm break of 0.9204 low will confirm larger down trend resumption. In the bigger picture, rejection by long-term […]
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The UK private sector contracted sharply in April, with the flash PMI Composite falling from 51.5 to 48.2, the lowest reading in 29 months. PMI Manufacturing dropped from 45.3 to 44.0, a 20-month low. PMI Read more…
Gold pulls back after sharp rally to all-time high. Bearish candlestick pattern emerges; overbought signals confirmed. Sellers eye a close below 3,290 to target lower levels. Gold opened Wednesday’s session with a downside gap, extending Read more…