Key Highlights EUR/USD started a fresh decline from the 1.0530 resistance. It traded below a major bullish trend line with support at 1.0470 on the 4-hour chart. GBP/USD also corrected gains and traded below 1.2640. The US ISM Manufacturing Index could dip from 50.9 to 50.8 in Feb 2025. EUR/USD Technical Analysis The Euro started […]
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Daily Pivots: (S1) 0.8996; (P) 0.9017; (R1) 0.9050; More… No change in USD/CHF’s outlook and intraday bias stays neutral. On the upside, firm break of 0.9053 will suggest that corrective pattern from 0.9200 has already Read more…
Daily Pivots: (S1) 1.2549; (P) 1.2585; (R1) 1.2612; More… Intraday bias in GBP/USD is turned neutral first with current strong recovery. On the upside, break of 1.2715 will resume the rally from 1.2099 to 1.2810 Read more…
Daily Pivots: (S1) 1.0350; (P) 1.0385; (R1) 1.0410; More… EUR/USD’s strong rebound today is mixing up the near term outlook. But still, intraday bias stays neutral and further decline is in favor as long as Read more…