Daily Pivots: (S1) 1.1006; (P) 1.1028; (R1) 1.1041; More…. Intraday bias in EUR/USD stays neutral with focus on 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Strong rebound from there will retain near term bullishness. Break of 1.1153 will indicate that larger rally is resuming through 1.1200 resistance to 1.1274 high. However, sustained break of […]
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Daily Pivots: (S1) 0.6462; (P) 0.6504; (R1) 0.6528; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6511 support and intraday bias is back on the downside. Further decline should now be seen to 0.6269/6348 Read more…
Daily Pivots: (S1) 1.3951; (P) 1.3977; (R1) 1.4025; More… USD/CAD surges through 1.3976 key resistance as larger up trend resumes. Intraday bias is back on the upside. Next near term target is 61.8% projection of Read more…
Dollar strengthened broadly overnight, underpinned by the solid rebound in US Treasury yields, while stock markets closed mixed. Stalling disinflation progress, as indicated by the latest CPI data, reinforced the likelihood that Fed will only Read more…