Key Highlights USD/CAD is moving higher from the 1.3320 support zone. It broke a key contracting triangle with resistance near 1.3420 on the 4-hour chart. EUR/USD is gaining bearish momentum below the 1.0820 support. The BoE interest rate decision is scheduled today (forecast 5.25%, versus 5.25% previous). USD/CAD Technical Analysis The US Dollar is showing […]
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Daily Pivots: (S1) 0.8835; (P) 0.8854; (R1) 0.8886; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8916 is still extending. Further rally is expected as long as 0.8773 resistance turned support holds. On Read more…
Daily Pivots: (S1) 1.2557; (P) 1.2609; (R1) 1.2641; More… GBP/USD’s fall from 1.3433 resumed by breaking through 1.2596 and intraday bias is back on the downside. Deeper fall should be seen to 100% projection of Read more…
Daily Pivots: (S1) 1.0439; (P) 1.0497; (R1) 1.0532; More… EUR/USD’s fall from 1.1213 resumed by breaking through 1.0495 temporary low. Intraday bias is back on the downside for 1.0447 support and then 1.0404 key fibonacci Read more…