USD/CAD’s rise from 1.3538 resumed last week and reached as high as 1.4033. However, it couldn’t sustain above 1.4014/7 key cluster resistance and retreated. Initial bias remains neutral this week first. On the upside, sustained break of 1.4014/7 will suggest that USD/CAD is already reversing the whole fall from 1.4719, and target 61.8% retracement at […]
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Markets Markets yesterday again showed some hefty swings as mutual attacks on energy installations by both Iran and Israel caused the market to further move to a scenario where higher energy prices and supply disruptions Read more…
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Daily Pivots: (S1) 210.95; (P) 211.66; (R1) 212.51; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, firm break of 213.28 will resume the rebound from 207.20 to retest 214.98 high. Read more…