Daily Pivots: (S1) 1.1548; (P) 1.1594; (R1) 1.1681; More…. Intraday in EUR/USD is turned neutral again with current recovery, and more consolidations would be seen above 1.1506. Still, outlook stays bearish with 1.1740 support turned resistance intact. On the downside, below 1.1506 will resume the fall from 1.2081 to 38.2% retracement of 1.0176 to 1.2081 […]
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EUR/USD is trading around 1.1608 on Tuesday. The US dollar attempted to recover from a sharp intraday decline the previous day, which had been driven by expectations of a faster resolution to the conflict involving Read more…
As the XAU/USD chart shows, the gold price has been holding within the $5,060–$5,200 range over the past several sessions. Bullish view: the key support is the lower boundary of the long-term channel that has Read more…
Analysing the EUR/USD chart five days ago, we: → constructed a downward channel, noting signs that the bears remained in control; → outlined a scenario in which the rate would decline to a new yearly Read more…