Key Highlights GBP/USD started a major decline below the 1.2980 support. It is down over 250 pips and remains at a risk of more losses. EUR/USD extended decline below the 1.0750 support zone. The US Durable Goods Orders could increase 1% in March 2022. GBP/USD Technical Analysis The British Pound failed to stay above 1.3000 […]
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Daily Pivots: (S1) 1.1590; (P) 1.1628; (R1) 1.1650; More…. Intraday bias in EUR/USD remains neutral first, but focus is back on 1.1506 temporary low with today’s decline. Firm break there will resume the fall from Read more…
Dollar advanced broadly today as risk aversion swept through global markets. Asian equities declined while investors moved back toward safe-haven assets amid growing doubts about the narrative that the Iran war is nearing an end. Read more…
Bitcoin is in a “transition phase,” consolidating below $70,000 after retreating from $71,000, however the recovery lacks the “ingredients of a decisive bullish turn”. Despite accelerating institutional inflows into US Spot Bitcoin ETFs, the average Read more…