Daily Pivots: (S1) 1.0281; (P) 1.0389; (R1) 1.0448; More… Intraday bias in EUR/USD stays neutral for the moment and more consolidations could be seen. Further rally is expected as long as 1.0222 support holds. Break Read more…
Daily Pivots: (S1) 1.1893; (P) 1.2006; (R1) 1.2070; More… GBP/USD’s consolidation from 1.2152 is extending and intraday bias stays neutral. Further rally is expected with 1.1777 support intact. Break of 1.2152will target 100% projection of Read more…
Daily Pivots: (S1) 0.9431; (P) 0.9465; (R1) 0.9523; More… Intraday bias in USD/CHF remains neutral as range trading continues. On the downside, firm break of 0.9355 will resume the decline from 1.0146 to 0.9287 fibonacci Read more…
Daily Pivots: (S1) 137.79; (P) 138.62; (R1) 139.74; More… Outlook is USD/JPY is unchanged as fall from 151.93 is resuming. Intraday bias stays mildly on the downside. Next target is 100% projection of 146.78 to Read more…
Cable regained traction on improved risk sentiment and probes above 1.20 after recent pullback from a multi-month high (1.2153) found footstep at 1.1957 (rising 10DMA). Larger uptrend remains intact but pausing after a failure on Read more…
Gold jumped nearly 1% on Tuesday, fully reversing Monday’s drop, sparked by hawkish comments from Fed officials on interest rate hikes. The dollar lost traction quickly after news, providing fresh support for the metal, though Read more…
The Canadian economy expanded by 2.9% quarter/quarter annualized (q/q) in Q3 2022. However, the flash estimate for October showed no change. Loosening supply chains and demand for commodities spurred GDP. Exports (+8.6%) were driven by Read more…
US futures Dow futures +0.07% at 33790 S&P futures +0.03% at 3963 Nasdaq futures +0.13% at 11608 In Europe FTSE +0.5% at 7529 Dax -0.2% at 14390 Beijing pledges more vaccines US stocks are set Read more…
Investors in Europe remain in a cautious mood on Tuesday as they await a huge influx of economic data in the coming days, while US futures are also pointing to modest gains ahead of the Read more…
As Elon Musk and Tim Cook battle it out on Twitter, here’s what you need to know about China and the Fed ahead of your first trade Tuesday. Watch us live at 9:30 a.m. ET. Read more…