EURUSD stabilizes after 3½-year high as Middle East tensions escalate. Technical picture continues to favor the bulls; next barrier likely near 1.1685. EURUSD surged to a three-and-a-half-year high of 1.1630, following weaker-than-expected U.S. inflation data and a relatively more hawkish commentary from ECB policymakers. However, the outbreak of bombings between Israel and Iran has rekindled […]
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Daily Pivots: (S1) 0.8103; (P) 0.8125; (R1) 0.8161; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. On the upside, break of 0.8247 resistance will argue that corrective pattern from 0.8038 is starting Read more…
If you’ve never been to the Jersey Shore, you might imagine it as the home of the wild parties and debauchery depicted in the eponymous TV series. But there’s more to the Jersey Shore than Read more…
Daily Pivots: (S1) 144.00; (P) 144.44; (R1) 145.23; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 142.10 support will resume the fall from 148.64 to retest 139.87 low. Read more…