Daily Pivots: (S1) 1.3589; (P) 1.3627; (R1) 1.3648; More…. Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3568 will bring another falling leg to extend the near term corrective pattern from 1.3784 . Meanwhile, break of 1.3701 will target 1.3784 first. Break there will resume larger rise from 1.3091 […]
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Gold’s steep selloff is showing signs of stabilization near 4,500 level after a disorderly decline yesterday, driven largely by liquidity squeeze. While hawkish signals from major central banks this week, including Fed, ECB, BoE and Read more…
Key Highlights USD/JPY started a downside correction below 158.80. It traded below a bullish trend line with support at 158.85 on the 4-hour chart. EUR/USD started a recovery wave and traded above 1.1550. Gold prices Read more…