Key Highlights GBP/USD started a fresh increase above the 1.2800 resistance. A short-term rising channel is forming with support at 1.2930 on the 4-hour chart. EUR/USD is consolidating gains above the 1.0820 resistance zone. Gold surged to a record high and tested the $3,035 zone. GBP/USD Technical Analysis The British Pound remained strong above 1.2800 […]
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Nvidia yesterday revealed new products at the company’s annual GPI Technology Conference at San Jose. The CEO Jensen Huang showed off its new AI system Vera Rubin, called after nothing less than the astronomer who Read more…
In focus today The main event will be the FOMC meeting tonight. We expect an unchanged rate decision which is also fully priced in the markets, but all eyes will be on Powell’s communication about Read more…
Daily Pivots: (S1) 0.9569; (P) 0.9603; (R1) 0.9630; More…. Intraday bias n EUR/CHF remains neutral and some more consolidations could be seen below 0.9660. However, further rally is expected as long as 0.9489 support holds. Read more…