Daily Pivots: (S1) 1.3236; (P) 1.3279; (R1) 1.3347; More… GBP/USD’s fall from 1.3442 short term top resumed after brief recovery and intraday bias is back on the downside. Deeper fall should be seen to 55 D EMA (now at 1.3063) and below. But downside should be contained by 38.2% retracement of 1.2099 to 1.3442 at […]
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Yesterday, Hong Kong’s Hang Seng Index (Hong Kong 50 on FXOpen) climbed above the 23,600 mark, supported by progress made during US–China tariff negotiations. However, today the Hang Seng Index (HSI) has dropped towards the Read more…
Markets Substantial progress in the trade negotiations with China this weekend in Switzerland as touted by the US administration triggered an impressive reflationary move of global markets. Both US and most other core bond yields Read more…
Daily Pivots: (S1) 194.22; (P) 195.02; (R1) 196.40; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current rise from 184.35 is in progress and break of 195.95 resistance will suggest that Read more…