Daily Pivots: (S1) 0.7941; (P) 0.7968; (R1) 0.7983; More…. Outlook in USD/CHF is unchanged as consolidations continues above 0.7871. Intraday bias remains neutral at this point. While stronger recovery cannot be ruled out, upside should be limited by 0.8054 support turned resistance to bring another fall. Below 0.7871 will extend the larger down trend to […]
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Caterpillar shares have already had a strong run, and BofA Securities sees more upside ahead as the company benefits from power generation demand, a record backlog, and a broader recovery across parts of its machinery Read more…
EUR/USD rebounded after initial dip to 1.1653 last week, but stayed in range below 1.1848. Initial bias remains neutral this week first. Rise from 1.1408 is extended to continue as long as 1.1642 support holds. Read more…