The USDJPY is standing at the front foot in early Monday and probed again through 145 barrier, following last week’s bullish close (the seventh straight weekly gains) and monthly advance of 4.1% in September that Read more…
Gold continued to face mild bullish pressures during Monday’s early European trading hours, despite remaining compressed within the tight range of 1,660–1,676. Although the broad negative trajectory shows no sign of abating, the momentum indicators are reflecting persisting Read more…
UK PMI Manufacturing was finalized at 48.4 in September, up from August’s 47.3. S&P Global said output and new orders fell further. New export business declined. Input costs and output price inflation accelerated. Rob Dobson, Read more…
Eurozone PMI Manufacturing was finalized at 48.4 in September, down from August’s 49.6. That’s also a 27-month low. Looking at some member states, France PMI Manufacturing was finalized at 47.7, a 28-month low. Germany was Read more…
Swiss CPI dropped -0.2% mom in September, below expectation of 0.1% mom. The decrease of 0.2% compared with the previous month can be explained by several factors including falling prices for fuels, heating oil, hotels Read more…
On the 1H timeframe for the USDCHF pair, we see the final part of the proposed large double zigzag consisting of cycle sub-waves w-x-y. This pattern looks fully completed. Perhaps the price decline in the Read more…
What is a database view, and how can we use it to make our code cleaner? Read more
EURUSD posted almost 4% of gains after the bounce off the 20-year low of 0.9530 in the preceding week, remaining within the long-term downward sloping channel. Technically, the RSI indicator is pointing upwards in the Read more…
The Dax 40 slides over the prospect of a 75 basis point hike from the ECB. A combination of a break below the critical support at 12450 and a bearish MA cross on the daily Read more…
The pound bounced back thanks to emergency BoE bond buying. The price is now at a crossroads after it recouped all the losses from the previous liquidation. Selling pressure could be expected around 1.1250 over Read more…