Daily Pivots: (S1) 0.8139; (P) 0.8189; (R1) 0.8222; More…. Intraday bias in USD/CHF is turned neutral with current recovery. Fall from 0.8475 could still extend lower, and break of 0.8156 will target 0.8038 low. But strong support should be seen from there to bring rebound, at least on first attempt. On the upside, break of […]
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Gold prices held firm at 3,373 USD per troy ounce on Thursday, remaining near a four-week high. The metal’s strength is being fuelled by mounting concerns over the US economic slowdown, boosting demand for non-yielding Read more…
As shown on the USD/JPY chart, the pair is hovering near key support at ¥142.50 per US dollar. While demand was strong enough at the end of May to lift the exchange rate from this Read more…
Daily Pivots: (S1) 192.86; (P) 194.05; (R1) 194.66; More… Intraday bias in GBP/JPY remains neutral at this point. Further rise is in favor as long as 191.86 support holds. Firm break of 196.38 will resume Read more…