Daily Pivots: (S1) 0.8256; (P) 0.8280; (R1) 0.8295; More… Intraday bias in EUR/GBP remains neutral and further decline is expected with 0.8308 resistance intact. Below 0.8264 will resume the fall from 0.8472 to retest 0.8221 low. Nevertheless, firm break of 0.8308 minor resistance will turn bias back to the upside for stronger rebound to 0.8376 […]
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Daily Pivots: (S1) 147.89; (P) 148.45; (R1) 149.20; More… Intraday bias in USD/JPY stays neutral at this point. While recovery from 146.52 might extend further, upside should be limited by 150.92 support turned resistance. On Read more…
Risk appetite in Asian markets has been solid this week, support by optimism surrounding China’s latest measures to boost domestic consumption. Hong Kong stocks continue to lead gains in the region. Meanwhile, in the forex Read more…
Gold surged further above the 3000 psychological level today, extending its record-breaking rally as geopolitical uncertainty, trade tensions, and global monetary easing continue to fuel demand. Trade tensions remain front and center with investors are Read more…