Daily Pivots: (S1) 1.3679; (P) 1.3717; (R1) 1.3765; More… Immediate focus is now on 1.3751 resistance in USD/CAD. Decisive break there will suggest that stronger rebound is underway, probably as a correction to whole down trend from 1.4791. Further rally should be seen to 1.3927 resistance first. On the downside, below 1.3669 will bring retest […]
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Swiss inflation picked up modestly in April, with headline CPI rising 0.3% month-on-month, driven largely by higher energy and travel-related costs. According to the Federal Statistical Office, increases in petrol, diesel and heating oil prices Read more…
The short‑term Elliott Wave view in Gold (XAUUSD) shows that the rally from the March 23 low completed as wave (1) at 4889.24. After this peak, a corrective pullback in wave (2) began, retracing the Read more…
Daily Pivots: (S1) 211.81; (P) 212.73; (R1) 213.68; More… Intraday bias in GBP/JPY stays neutral for consolidations above 210.43. Risk will stay on the downside as long as 55 4H EMA (now at 214.28) holds. Read more…