Euro is facing immense selling pressure today as US session commences, driven by both external trade concerns and internal political challenges in Germany. The market is wary of escalation in trade tensions with the US following Donald Trump’s election victory, with reports suggesting that Robert Lighthizer—a trade hawk known for his aggressive stance—could make a […]
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Daily Pivots: (S1) 153.72; (P) 154.32; (R1) 155.23; More… Intraday bias in USD/JPY remains on the upside at this point. Current rise from 139.57 will target 61.8% projection of 141.63 to 153.87 from 151.27 at Read more…
Daily Pivots: (S1) 0.8780; (P) 0.8808; (R1) 0.8845; More… Intraday bias in USD/CHF is turned neutral first with current retreat. Outlook will stay bullish as long as 0.8700 support holds, in case of retreat. Break Read more…
Daily Pivots: (S1) 1.2685; (P) 1.2781; (R1) 1.2843; More… Outlook in GBP/USD is unchanged and intraday bias stays on the downside. Decisive break of 61.8% retracement of 1.2298 to 1.3433 at 1.2732 will extend the Read more…