Daily Pivots: (S1) 1.0971; (P) 1.0993; (R1) 1.1019; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the downside, below 1.0899 minor support will turn bias back to the downside for 61.8% projection of 1.2265 to 1.1120 from 1.1494 at 1.0786. However, firm break of 1.1120 will confirm short term bottoming at […]
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EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation reaccelerates but also indicated readiness to continue Read more…
A higher beta CAD/JPY cross pair can be considered as a macro theme play in line with a potential risk-averse environment triggered by Trump’s trade tariffs. Technical analysis suggests a potential new medium-term downtrend phase Read more…