Most Asian shares flashed red on Wednesday, with Chinese markets under renewed selling pressure after disappointing PMI data fuelled concerns over its weak economic recovery. European futures are pointing to a negative open despite stocks Read more…
Commodity currencies are maintaining their position as the stronger performers of the week, while overall trading continues in a noticeably subdued manner. Both Dollar and Yen are seen navigating within familiar ranges against their European Read more…
Commodity currencies are maintaining their position as the stronger performers of the week, while overall trading continues in a noticeably subdued manner. Both Dollar and Yen are seen navigating within familiar ranges against their European Read more…
Commodity currencies are maintaining their position as the stronger performers of the week, while overall trading continues in a noticeably subdued manner. Both Dollar and Yen are seen navigating within familiar ranges against their European Read more…
Commodity currencies are maintaining their position as the stronger performers of the week, while overall trading continues in a noticeably subdued manner. Both Dollar and Yen are seen navigating within familiar ranges against their European Read more…
Daily Pivots: (S1) 1.0863; (P) 1.0893; (R1) 1.0908; More… Intraday bias in EUR/USD remains neutral and further rally is still in favor with 55 D EMA (now at 1.0854) intact. On the upside, break of Read more…
Key Highlights AUD/USD found support near 0.6595 and corrected higher. It broke a key bearish trend line with resistance near 0.6640 on the 4-hour chart. EUR/USD and GBP/USD might gain bullish momentum. Crude oil prices Read more…
WTI crude oil broke daily Triangle Likely to rise to resistance level 72.80 WTI crude oil recently broke the resistance trendline of the daily Triangle from the end of May. The breakout of this resistance Read more…
It’s been a relatively quiet session with the US bank holiday naturally weighing on activity and those remaining having an eye on Friday’s jobs report but the day hasn’t been without interest as the RBA Read more…