Daily Pivots: (S1) 1.3906; (P) 1.3961; (R1) 1.3991; More… Intraday bias in USD/CAD is turned neutral first with current retreat. On the upside, break of 55 D EMA (now at 1.4038) will resume the rebound from 1.3749 to 1.4150 cluster resistance (38.2% retracement of 1.4791 to 1.3749 at 1.4147). However, break of 1.3898 minor support […]
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Yesterday’s inflation data release held no major surprises, as the actual Consumer Price Index (CPI) figures came in close to analysts’ forecasts. According to Forex Factory: → Annual CPI: actual = 2.3%, forecast = 2.4%, Read more…
Asian Session Market Wrap Asia’s main stock index went up, driven by tech companies, as investors waited for earnings reports from big Chinese tech firms this week. Regional tech stocks rose for a fourth straight Read more…
GBP/USD is attempting a fresh increase above the 1.3270 resistance. EUR/GBP declined steadily below the 0.8460 and 0.8440 support levels. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh Read more…