Key Highlights USD/CHF declined heavily below the 0.8380 and 0.8250 levels. A major bearish trend line is forming with resistance at 0.8150 on the 4-hour chart. EUR/USD rallied above the 1.0450 and 1.0500 resistance levels. Gold prices traded to a new record high and surpassed the $3,420 level. USD/CHF Technical Analysis The US Dollar faced […]
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Daily Pivots: (S1) 140.18; (P) 141.16; (R1) 141.85; More… Intraday bias in USD/JPY remains on the downside for the moment. Current fall from 158.86 is in progress for 139.57 support. Strong support could seen from Read more…
The broad selloff in US assets resumed overnight as market confidence took another blow from escalating political pressure on Fed. Major US stock indexes ended the session deep in the red, while 10-year Treasury yields Read more…
Dollar Index broke through an important support overnight as recent decline accelerated, and hit the lowest level in three years. The selloff reflects a deepening flight out of US assets, as confidence continues to erode. Read more…