Daily Pivots: (S1) 1.1677; (P) 1.1709; (R1) 1.1764; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Further rise will remain in favor as long as 1.1642 support holds. On the upside, sustained trading above 61.8% retracement of 1.2081 to 1.1408 at 1.1824 will pave the way to retest 1.2081 high. However, firm […]
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Daily Pivots: (S1) 1.6245; (P) 1.6334; (R1) 1.6381; More… EUR/AUD’s fall from 1.6482 resumed after brief recovery. Intraday bias is back on the downside for retesting 1.6126 low. Decisive break there will resume larger down Read more…
Daily Pivots: (S1) 0.9131; (P) 0.9188; (R1) 0.9227; More…. Despite near the strong volatile, EUR/CHF is still bounded in established range below 0.9264. Intraday bias remains neutral and further rise is expected with 0.9155 support Read more…
Another month ended with no light at the end of the tunnel for the Iran war. On the contrary, the US is not willing to lift the naval blockade in the Strait of Hormuz, while Read more…