Daily Pivots: (S1) 149.52; (P) 149.75; (R1) 149.95; More… Intraday bias in USD/JPY remains neutral at this point. Consolidation pattern from 150.15 could extend further. On the downside, below 148.94 minor support will turn bias Read more…
Daily Pivots: (S1) 0.8892; (P) 0.8925; (R1) 0.8945; More…. USD/CHF recovered quickly after a brief dip to 0.8886 and intraday bias remains neutral. Further decline is expected as long as 0.9000 resistance holds. Below 0.8886 Read more…
Daily Pivots: (S1) 1.2174; (P) 1.2216; (R1) 1.2290; More Intraday bias in GBP/USD remains neutral as range trading continues between 1.2036/2336. Downside breakout is still mildly in favor. On the downside, decisive break of 1.2036 Read more…
UK labour market cools UK Manufacturing and Service PMIs decline The British pound is slightly lower on Tuesday, after climbing 0.68% a day earlier. In the European session, GBP/USD is trading at 1.2218, down 0.23%. Read more…
Daily Pivots: (S1) 1.0601; (P) 1.0640; (R1) 1.0707; More… Intraday bias in EUR/USD is turned neutral again as it retreated notably today after hitting 55 D EMA (now at 1.0684). On the upside, above 1.0693 Read more…
Euro’s forward drive this week faced a halt as subpar PMI readings painted a concerning picture for the Eurozone economy. The data fuels concerns that the Eurozone economy might be heading into deeper waters. At Read more…
In 2016, Elon Musk, the billionaire behind a growing list of tech and tech-adjacent companies, tweeted his way into a new venture: The Boring Company. It began as a rant about traffic-related frustrations; after a Read more…
RTX (RTX) – Get Free Report shares soared higher Tuesday after the defense contractor rode ‘historic’ demand to better-than-expected third quarter earnings that offset the impact of structural flaws found in its Pratt & Whitney engine division. Read more…
USDJPY skids, slipping below moving averages in 4-hour chart But selloff is already fading and rebound underway Bigger picture remains neutral USDJPY came under selling pressure during the past 24 hours, slipping to a one-week Read more…
EURUSD edged lower on Tuesday after three-day recovery acceleration faced increased headwinds on approach to psychological 1.0700 barrier, reinforced by falling 55DMA. Recently strength started to lose traction after weaker than expected EU/German PMI’s in Read more…