Daily Pivots: (S1) 1.3051; (P) 1.3079; (R1) 1.3109; More… Intraday bias in GBP/USD stays neutral first with focus on 1.3043 resistance turned support. Strong rebound will maintain near term bullishness. Further break of 1.3265 will extend recent up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, firm break of 1.3043 […]
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Daily Pivots: (S1) 0.6462; (P) 0.6504; (R1) 0.6528; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6511 support and intraday bias is back on the downside. Further decline should now be seen to 0.6269/6348 Read more…
Daily Pivots: (S1) 1.3951; (P) 1.3977; (R1) 1.4025; More… USD/CAD surges through 1.3976 key resistance as larger up trend resumes. Intraday bias is back on the upside. Next near term target is 61.8% projection of Read more…
Dollar strengthened broadly overnight, underpinned by the solid rebound in US Treasury yields, while stock markets closed mixed. Stalling disinflation progress, as indicated by the latest CPI data, reinforced the likelihood that Fed will only Read more…