Daily Pivots: (S1) 1.0417; (P) 1.0461; (R1) 1.0532; More… Intraday bias in EUR/USD stays neutral, and outlook remains bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. Below 1.0358 will target 1.0176/0210 support zone first. Firm break there will resume whole fall from 1.1213, and carry larger bearish implications. However, sustained […]
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Today, Brent crude is sliding towards the psychological $70 per barrel mark, with the XBR/USD chart showing a break below a key support level (marked in blue) that had been holding since autumn last year. Read more…
Nikkei 225 broke below its 200-day moving average and a four-month range configuration. US President Trump’s trade war 2.0 against major trading partners triggered a negative feedback loop in Japanese equities due to potential disruption Read more…
Daily Pivots: (S1) 188.49; (P) 190.23; (R1) 191.65; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Further decline is in favor as long as 193.04 resistance holds. On the downside, firm break Read more…