Daily Pivots: (S1) 1.3074; (P) 1.3109; (R1) 1.3137; More… Intraday bias in GBP/USD remains neutral for some consolidations. But upside of recovery should be limited by 1.3270 support turned resistance. On the downside, sustained break of 61.8% projection of 1.4248 to 1.3158 from 1.3748 at 1.3074 will extend the down trend from 1.4248 to 100% […]
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Today’s US non-farm payrolls report comes as the markets are already reeling from this week’s tariff shock. With consensus expecting a 128k rise in jobs for March and the unemployment rate holding steady at 4.1%, Read more…
Key insights from the week that was. Starting in Australia, it was unsurprising to see the RBA Monetary Policy Board leave the cash rate unchanged at 4.10%. The decision statement was little changed from February Read more…
Key Highlights USD/JPY started a major decline from the 150.50 resistance zone. It traded below a key bullish trend line with support at 149.20 on the 4-hour chart. EUR/USD surged above the 1.1000 resistance zone. Read more…