EURCAD reversed from pivotal resistance level 1.4775 Likely to fall to support level 1.4650 EURCAD recently reversed down from the pivotal resistance level 1.4775 (which has been reversing the pair from the start of July). The downward reversal from the resistance level 1.4775 stopped the earlier medium-term ABC correction (2). Given the strength of the […]
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Daily Pivots: (S1) 212.28; (P) 212.75; (R1) 213.09; More… Intraday bias in GBP/JPY remains mildly on the downside at this point. Rebound from 207.20 should have completed with three waves up to 213.28. Deeper fall Read more…
The week started on a now-usual pattern, with oil prices pushing higher at the open and retracing part of their gains as investors digested the latest news from the Middle East. The major developments include Read more…
In focus today Today, focus continues to be on tensions in the Middle East and its impact on energy markets. Trump stated on Friday that the US will be hitting Iran “very hard over the Read more…