Daily Pivots: (S1) 1.2085; (P) 1.2131; (R1) 1.2156; More GBP/USD is still bounded in range above 1.2036 and intraday bias stays neutral. Downside breakout is still in favor with 1.2336 resistance intact. On the downside, Read more…
Daily Pivots: (S1) 0.8936; (P) 0.8954; (R1) 0.8986; More…. Intraday bias in USD/CHF stays neutral at this point. On the downside, break of 0.8886 will resume the fall from 0.9243 to 61.8% retracement of 0.8551 Read more…
Daily Pivots: (S1) 149.91; (P) 150.12; (R1) 150.43; More… USD/JPY’s rally from 127.20 resumed by breaking through 150.15 resistance. Intraday bias is back on the upside for 151.93 high medium term resistance next. On the Read more…
DXY: The DXY (US Dollar Index) chart currently exhibits a bullish overall momentum, indicating the potential for a bullish continuation towards the 1st resistance level. The 1st support at 106.02 is considered a significant level Read more…
Ford Motor (F) – Get Free Report has come to terms with United Auto Workers, agreeing to a landmark compensation deal to end workers’ stand-up strike against it. UAW workers have been striking against all of Read more…
Key Highlights Gold prices could extend gains above the $2,000 resistance. A connecting bullish trend line is forming with support near $1,968 on the 4-hour chart. Crude oil prices trimmed gains and traded below $85.00. Read more…
Today, ECB is broadly anticipated to maintain its main refinancing rate at 4.50% and the deposit rate at 4.00%. Having increased rates consistently during its previous ten meetings to tackle surging inflation, ECB hinted at Read more…
In a significant move, USD/JPY surpasses the key psychological level of 150 today, marking its highest point in a year. This uptick has reignited concerns among investors regarding market interventions by Japan, given that the Read more…
In the Senate Economics Committee session today, RBA Governor Michele Bullock indicated that the bank was not entirely caught off guard by the stronger than expected CPI data released yesterday. She refrained from offering a Read more…
During the past couple of months, a number of questionable choices made by some major U.S. airlines have gathered increasing scrutiny. These have often concerned offers for passengers that the carriers have newly created or Read more…