Markets US investors returned from a long weekend and immediately left a stamp on trading. Especially equity markets were in good shape. Main indices jumped between 2.15-2.51%. European equities had to settle for <1%. The Read more…
US equity markets kicked off the short trading week with a bang. Major US indices jumped more than 2% yesterday with Nasdaq leading gains with a 2.50% advance in the session. Tesla gained 9.35% to Read more…
Market movers today UK CPI inflation in May is due this morning. Inflation is likely to remain very high so there is definitely still a lot of pressure on the Bank of England to hike Read more…
Gone in 60 Seconds was a movie released in 2000 starring Nicholas Cage who is charged with stealing 50 high-end cars in three days. It is actually a remake of my preferred 1974 version, where Read more…
Daily Pivots: (S1) 1.0502; (P) 1.0542 (R1) 1.0576; More… EUR/USD is still bounded in range of 1.0358/0786 and intraday bias remains neutral. Further fall is in favor with 1.0786 resistance intact. On the downside, sustained Read more…
Daily Pivots: (S1) 1.2241; (P) 1.2282; (R1) 1.2323; More… GBP/USD is staying in range of 1.1932/2666 and intraday bias remains neutral. Outlook stays bearish as long as 1.2666 resistance holds. On the downside, break of Read more…
Daily Pivots: (S1) 0.9634; (P) 0.9659; (R1) 0.9686; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. Another fall cannot be ruled out. But decline from 1.0048 is viewed as the third leg Read more…
Daily Pivots: (S1) 135.50; (P) 136.10; (R1) 137.28; More… Intraday bias in USD/JPY remains on the upside at this point. Break of 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81 will target 100% Read more…
Daily Pivots: (S1) 0.6941; (P) 0.6967; (R1) 0.7000; More… Intraday bias in AUD/USD remains neutral at this point. On the downside, firm break of 0.6828 support will resume larger fall from 0.8006. Next target is Read more…
Daily Pivots: (S1) 1.2886; (P) 1.2938; (R1) 1.2969; More… Intraday bias in USD/CAD remains neutral for consolidations first. Further rise will remain in favor as long as 1.2859 support holds. On the upside, break of Read more…