The Australian dollar has posted losses over three straight days and is sharply lower on Monday. In the North American session, AUD/USD is trading at 0.6610, down 0.96%. RBA shifts gears The Reserve Bank of Read more…
The first half of Monday’s session has been all about China, thanks to a quiet economic calendar and lack of fresh speeches by any major central bank officials. Although stocks and futures have come off Read more…
An ending diagonal is a special type of pattern that occurs at the end of the trend. Normally it causes a sharp reversal as it happened recently on USDCHF . The question is where we Read more…
Daily Pivots: (S1) 139.84; (P) 140.17; (R1) 140.70; More… USD/JPY is staying below 142.45 minor resistance despite today’s strong recovery. Intraday bias remains neutral for the moment, and further decline is in favor. On the Read more…
Daily Pivots: (S1) 0.9514; (P) 0.9534; (R1) 0.9568; More… Intraday bias in USD/CHF stays neutral for the moment as consolidation from 0.9355 is in progress. Further decline is expected as long as 0.9680 resistance holds. Read more…
Daily Pivots: (S1) 1.1766; (P) 1.1862; (R1) 1.1961; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2028 is extending. Further rise is expected as long as 1.1644 resistance turned support holds. On the Read more…
Daily Pivots: (S1) 1.0311; (P) 1.0359; (R1) 1.0412; More… EUR/USD dips further today as retreat from 1.0481 extends but stays well above 1.0092 resistance turned support. Intraday bias remains neutral first. Further rally is expected Read more…
Dollar’s broad based rebound continues into early US session, as support by recovery in yields. While overall markets are trading in mild risk-off mode, there isn’t much follow through selling in European stocks and US Read more…
This week we welcome Irit Katriel (@IritKatriel) as our PyDev of the Week! Irit is a CPython Core Dev who works at Microsoft. Irit helped write up PEP 654, which is about “Exception Groups and Read more…
The Dollar Index has risen since last Tuesday, adding 2.5% to lows at 105.16. Speculators paused selling off the US currency in response to data and comments from Fed officials implying a higher interest rate Read more…