Market movers today The most important data release of today will be the US September retail sales and industrial production. While higher gasoline prices likely lifted headline retail sales, declines in leading services sector indicators Read more…
Stocks gained, and bonds fell yesterday on US and allies’ efforts to deescalate tensions in the Middle East. Yet Israel told the US ‘to embrace for a long war’. We know that no matter how Read more…
Daily Pivots: (S1) 1.0526; (P) 1.0544; (R1) 1.0578; More… Intraday bias in EUR/USD is turned neutral with 4H MACD crossed above signal line. Near term outlook remains bearish with 1.0639 resistance intact. On the downside, Read more…
Daily Pivots: (S1) 1.2161; (P) 1.2190; (R1) 1.2247; More Intraday bias in GBP/USD is turned neutral again with 4H MACD crossed above signal line. Near term outlook stays bearish with 1.2336 resistance intact. On the Read more…
Daily Pivots: (S1) 0.8984; (P) 0.9014; (R1) 0.9031; More…. Intraday bias in USD/CHF remains neutral for the moment as range trading continues. On the upside, break of 0.9086 resistance will indicate that pull back from Read more…
Daily Pivots: (S1) 149.33; (P) 149.54; (R1) 149.74; More… USD/JPY is extending the consolidation from 150.15 and intraday bias stays neutral at this point. On the downside, below 148.24 minor support will turn bias to Read more…
Daily Pivots: (S1) 0.6314; (P) 0.6330; (R1) 0.6358; More… Intraday bias in AUD/USD remains neutral as range trading continues. Outlook remains bearish with 0.6444 resistance intact. On the downside, decisive break of 0.6284 will confirm Read more…
DXY: The DXY chart currently exhibits a bullish momentum, suggesting the potential for a bullish bounce off the 1st support level and a move towards the 1st resistance. The 1st support at 106.01 is considered Read more…
Daily Pivots: (S1) 1.3589; (P) 1.3627; (R1) 1.3648; More…. Intraday bias in USD/CAD remains neutral at this point as range trading continues. On the upside, above 1.43699 will target 1.3784 first. Break there will will Read more…
The currencies from the Southern Hemisphere, Australian and New Zealand Dollars, saw notable volatility in Asian session today. Aussie is gaining traction following release of RBA minutes, highlighting a low tolerance for inflation surprises and Read more…