Daily Pivots: (S1) 1.1886; (P) 1.2046; (R1) 1.2158; More… Intraday bias in GBP/USD remains on the downside as down trend is still in progress. Sustained trading below 61.8% projection of 1.3297 to 1.2154 from 1.2666 at 1.1960 will pave the way to 100% projection at 1.1523 next. On the upside, above 1.2206 minor resistance will […]
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Caterpillar shares have already had a strong run, and BofA Securities sees more upside ahead as the company benefits from power generation demand, a record backlog, and a broader recovery across parts of its machinery Read more…
EUR/USD rebounded after initial dip to 1.1653 last week, but stayed in range below 1.1848. Initial bias remains neutral this week first. Rise from 1.1408 is extended to continue as long as 1.1642 support holds. Read more…