Daily Pivots: (S1) 0.6569; (P) 0.6640; (R1) 0.6691; More… Intraday bias in AUD/USD remains neutral for the moment as range trading continues above 0.6563. Focus stays on whether 0.6546 fibonacci level would provide strong support Read more…
Daily Report: Despite regaining some ground in the Asian session, Euro continues to trade as the week’s weakest performer alongside Swiss Franc. Today’s ECB rate announcement is the primary focus for investors, as uncertainty looms Read more…
In February, Japan exports rose 6.5% yoy to JPY 7655B, below expectation of 7.1% yoy. Imports rose 8.3% yoy to JPY 8552B, below expectation of 12.2% yoy. Consequently, the country experienced its largest February trade Read more…
In February, Japan exports rose 6.5% yoy to JPY 7655B, below expectation of 7.1% yoy. Imports rose 8.3% yoy to JPY 8552B, below expectation of 12.2% yoy. Consequently, the country experienced its largest February trade Read more…
New Zealand’s Q4 GDP contracted by -0.6% qoq, missing the expected contraction of 0.2% qoq. The primary industries fell by 1.3%, service industries were down by 0.1%, and goods-producing industries were down by 0.3%. Although Read more…
Summary European banks are in focus today with banking sector stocks under some pressure. In this report, we provide brief and aggregated metrics related to the stability of the Eurozone banking sector. The liquidity position Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…
Euro technical forecast: EUR/USD weekly trade levels Euro reverse sharply off confluent resistance at the yearly open EUR/USD at risk for deeper correction within the multi-month uptrend Resistance 1.0704, 1.0793-1.0839, 1.1033– support 1.0412/61, 1.0352 (key), Read more…