Daily Pivots: (S1) 0.8986; (P) 0.9039; (R1) 0.9077; More…. Intraday bias in USD/CHF stays neutral for the moment. On the upside, break of 0.9086 resistance will indicate that pull back from 0.9243 has completed, and Read more…
Daily Pivots: (S1) 149.41; (P) 149.62; (R1) 149.79; More… Intraday bias in USD/JPY remains neutral as consolidation from 150.15 is in progress. On the downside, below 148.24 minor support will turn bias to the downside Read more…
Daily Pivots: (S1) 0.6277; (P) 0.6306; (R1) 0.6325; More… Intraday bias in AUD/USD stays neutral with focus on 0.6284 support. Decisive break there will confirm resumption of whole decline from 0.7156. Next target is 100% Read more…
Daily Pivots: (S1) 1.3632; (P) 1.3663; (R1) 1.3690; More…. Intraday bias in USD/CAD is turned neutral as retreat from 1.3699 is extending today. On the upside, above 1.43699 will target 1.3784 first. Break there will Read more…
Financial markets are holding steady yet exhibit a sense of nervous anticipation as the new week commences. The conflicts between Israel and Hamas continues to take center stage, with concerns mounting over the potential for Read more…
DXY: The DXY (US Dollar Index) chart currently demonstrates bullish momentum, indicating the potential for a bullish continuation towards the 1st resistance level. The 1st support level at 105.63 is considered significant due to its Read more…
Key Highlights EUR/USD failed to climb above 1.0650 and started a fresh decline. The Israel-Hamas war is sparking swing moves in the US dollar, gold, and oil prices. Gold prices surged above the $1,900 resistance Read more…
New Zealand’s service sector showed signs of recovery in September, with BusinessNZ Performance of Services Index rising to 50.7, up from 47.7 in August. This improvement marks an end to the three consecutive months of Read more…
ECB President Christine Lagarde, during her speech at IMF annual meetings, highlighted the weakening activity in the Eurozone’s economy in Q3 due to slower with risks lean more towards the downside ahead. Lagarde expects continued Read more…
Sanjaya Panth, Deputy Director of IMF’s Asia and Pacific Department, indicated that Yen’s depreciation this year is primarily driven by fundamental factors, particularly interest rate differentials. He opined that current Yen dynamics don’t necessitate intervention. Read more…