Daily Pivots: (S1) 1.3502; (P) 1.3557; (R1) 1.3660; More… GBP/USD’s breach of 1.3598 suggests that rise from 1.3158 is resuming. Intraday bias is back on the upside for 61.8% projection of 1.3158 to 1.3598 from 1.3453 at 1.3725 first. Firm break there will target a retest on 1.3867 high. For now, risk will stay on […]
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Daily Pivots: (S1) 1.6245; (P) 1.6334; (R1) 1.6381; More… EUR/AUD’s fall from 1.6482 resumed after brief recovery. Intraday bias is back on the downside for retesting 1.6126 low. Decisive break there will resume larger down Read more…
Daily Pivots: (S1) 0.9131; (P) 0.9188; (R1) 0.9227; More…. Despite near the strong volatile, EUR/CHF is still bounded in established range below 0.9264. Intraday bias remains neutral and further rise is expected with 0.9155 support Read more…
Another month ended with no light at the end of the tunnel for the Iran war. On the contrary, the US is not willing to lift the naval blockade in the Strait of Hormuz, while Read more…