Daily Pivots: (S1) 0.8665; (P) 0.8701; (R1) 0.8740; More…. USD/CHF’s rebound from 0.8551 is in progress, and intraday bias stays on the upside for further rise. But strong resistance could be seen from 0.8818 support Read more…
Commodity currencies are trading generally higher today on mildly positive market sentiment. Australian Dollar is the stronger one among them, ahead of RBA’s rate decision tomorrow. Opinions on whether RBA would hike by 25bps next Read more…
On the hourly chart of AUD/USD at FXOpen, the pair gained bearish momentum below the 0.6720 zone. The Aussie Dollar entered a bearish zone after breaking below the 0.6680 support level. The pair even settled Read more…
Eurozone GDP grew 0.3% qoq in Q2, above expectation of 0.2% qoq. EU GDP was flat at 0.0% qoq. Among the Member States for which data are available, Ireland (+3.3%) recorded the highest increase compared Read more…
Eurozone GDP grew 0.3% qoq in Q2, above expectation of 0.2% qoq. EU GDP was flat at 0.0% qoq. Among the Member States for which data are available, Ireland (+3.3%) recorded the highest increase compared Read more…
Daily Pivots: (S1) 139.10; (P) 140.14; (R1) 142.21; More… Break of 141.93 resistance confirms resumption of rebound from 137.22 in USD/JPY. Intraday bias is back on the upside for retesting 145.06 first. Firm break there Read more…
Daily Pivots: (S1) 0.6664; (P) 0.6742; (R1) 0.6787; More… Intraday bias in AUD/USD is turned neutral with current recovery. While deeper fall cannot be ruled out, strong support should be seen from 0.6594 to complete Read more…
New Zealand’s business confidence has reached its highest point since September 2021, with ANZ Business Confidence Index improved from -18.0 to -13.1. Although this remains in the negative territory, it shows a relative boost in Read more…
New Zealand’s business confidence has reached its highest point since September 2021, with ANZ Business Confidence Index improved from -18.0 to -13.1. Although this remains in the negative territory, it shows a relative boost in Read more…
New Zealand’s business confidence has reached its highest point since September 2021, with ANZ Business Confidence Index improved from -18.0 to -13.1. Although this remains in the negative territory, it shows a relative boost in Read more…