JP225 cash index hovers below the 50-day SMA Geopolitical developments continue to affect sentiment Momentum indicators on the fence at this juncture The JP225 cash index is trading higher today with the bulls interested in Read more…
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of NASDAQ futures ticker symbol: $NQ_F. In which, the rally from 27 September 2023 low unfolded as a Read more…
Daily Pivots: (S1) 181.71; (P) 182.22; (R1) 183.19; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. The favored case is still that correction from 186.75 has completed at 178.02. Above 183.79 will Read more…
Daily Pivots: (S1) 157.28; (P) 157.63; (R1) 158.24; More…. Intraday bias in EUR/JPY stays neutral for the moment and outlook is unchanged. The favored case is still that correction from 159.75 has completed at 154.32. Read more…
Daily Pivots: (S1) 0.8632; (P) 0.8652; (R1) 0.8663; More…. Intraday bias in EUR/GBP is turned neutral with current retreat. On the upside, decisive break of 0.8700/4 resistance will resume the rebound from 0.8491, and carry Read more…
Daily Pivots: (S1) 1.6619; (P) 1.6659; (R1) 1.6689; More… Intraday bias in EUR/AUD remains neutral for the moment. Outlook is unchanged that correction from 1.7062 has completed at 1.6319. Above 1.6704 will resume the rise Read more…
Daily Pivots: (S1) 0.9482; (P) 0.9502; (R1) 0.9526; More… Intraday bias in EUR/CHF is turned neutral as consolidation from 0.9455 is extending. Further decline is expected with 0.9557 resistance intact. Below 0.9455 will resume larger Read more…
Markets Markets kicked off the week in good spirits. Betting on a US led de-escalation of the conflict in the Middle East, stocks bounced 0.3% in Europe and up to 1.2% in the US (Nasdaq). Read more…
UK’s annual growth in regular pay, excluding bonuses, stood in line with market expectations, clocking in at 7.8% in the three months to August. However, when accounting for bonuses, the total pay’s annual growth was Read more…
The Kiwi dollar (NZD) has been the worst performer among the US dollar major pairs in the past five days. A further slowdown in New Zealand’s Q3 CPI (5.6% y/y versus 6% y/y in Q2) Read more…