Daily Pivots: (S1) 0.9298; (P) 0.9317; (R1) 0.9342; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the upside, break of 0.9365 resistance will suggest that fall from 0.9428 has completed. Further rally should be seen to retest 0.9428/45 resistance zone. Firm break there will resume the rebound from 0.9218. On the downside, […]
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Key takeaways Macro risks and policy divergence in focus: Markets are bracing for the Reserve Bank of Australia rate decision, while strong US data reinforces a “higher-for-longer” Fed stance. Meanwhile, escalating US–Iran tensions have pushed Read more…
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…