Eurozone flash business PMI data due on Thursday 09:00 GMT The data might provide some relief, calm recession worries EZ flash business PMIs to tick higher A couple of dim US data was the key Read more…
There are significant moves in the Japanese markets today. The Japanese stock market started the day with a rise of over 1%, taking the Nikkei225 to 33850. It was the second brief climb to this Read more…
Daily Pivots: (S1) 1.0855; (P) 1.0884; (R1) 1.0944; More… Intraday bias in EUR/USD remains on the upside for the moment. Current rally from 1.0447 is in progress for 61.8% retracement of 1.1274 to 1.0447 at Read more…
Daily Pivots: (S1) 1.2403; (P) 1.2434; (R1) 1.2494; More… Intraday bias in GBP/USD is back on the upside with break of 1.2504 temporary top. Sustained trading above 38.2% retracement of 1.3141 to 1.2036 at 1.2458 Read more…
Daily Pivots: (S1) 0.8837; (P) 0.8933; (R1) 0.8988; More…. Intraday bias in USD/CHF remains on the downside at this point. Current fall from 0.9243 should target 100% projection of 0.9243 to 0.8886 from 0.9111 at Read more…
The price of a Brent barrel climbed to 81.20 USD on Monday. The market primarily relies on OPEC+ member countries reducing crude oil supply to control prices. Energy carrier prices have declined for four consecutive Read more…
Daily Pivots: (S1) 148.91; (P) 149.85; (R1) 150.49; More… USD/JPY’s fall from 151.89 extends to as low as 148.00 so far, and there is no sign of bottoming yet. Intraday bias stays on the downside Read more…
Japanese Yen’s remarkable rally has become a focal point in the currency markets today. It’s strength is extending into US session. This surge is not an isolated event but a reflection of broader shifts in Read more…
My colleague Niels solved a subtle problem when switching to Herd Read more
My colleague Niels solved a subtle problem when switching to Herd Read more