Daily Pivots: (S1) 1.2760; (P) 1.2805; (R1) 1.2883; More… Intraday bias in GBP/USD is turned neutral with current retreat. On the downside, break of 1.2738 minor support will indicate that consolidation from 1.2847 is extending with another falling leg, back to 1.2589 support. On the upside, decisive break of 1.2847/8 will confirm resumption of larger […]
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In an interview with the Financial Times, ECB President Christine Lagarde proposed a measured approach to handling U.S. President-elect Donald Trump’s tariff threats, favoring a “cheque book strategy” over outright retaliation. Trump has outlined plans Read more…
EURJPY in the fourth week of losses Short-term bias skewed to the downside Next stop could be near 158.00 EURJPY is set to post its fourth consecutive negative week, having retraced more than half of Read more…
The final trading week of November may prove to be the worst this month for the US dollar. Following the release of Chicago PMI data and the US Q3 GDP report, USD/JPY and USD/CAD have Read more…