Daily Pivots: (S1) 0.9503; (P) 0.9573; (R1) 0.9625; More… Range trading continues in USD/CHF and intraday bias remains neutral first. On the upside, break of 0.9650, and sustained trading above 55 day EMA (now at 0.9647) will raise the chance that corrective pattern from 1.0063 has completed. Further rally should then be seen to 0.9884 […]
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The exchange of strikes between Iran and Israel continues. However, judging by the behaviour of various assets, market participants do not appear to expect further escalation: → Oil prices are falling. Monday’s candlestick on the Read more…
The EUR/USD pair continues its gradual climb, reaching 1.1562 on Tuesday despite local support for the US dollar stemming from renewed geopolitical tensions. Geopolitics and Fed expectations in focus The greenback experienced a temporary surge Read more…
Daily Pivots: (S1) 1.1517; (P) 1.1566; (R1) 1.1608; More… EUR/USD is staying in consolidations below 1.1630 temporary top and intraday bias remains neutral. Further rise is expected as long as 1.1372 support holds. Break of Read more…