Daily Pivots: (S1) 1.1924; (P) 1.2012; (R1) 1.2181; More… Intraday bias GBP/USD stays on the upside for retesting 1.2445 high. Decisive break there will resume whole rally from 1.0351 to 1.2759 fibonaci level. On the downside, however, break of 1.1840 will resume the correction to 38.2% retracement of 1.0351 to 1.2445 at 1.1645. In 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…