Daily Pivots: (S1) 0.6812; (P) 0.6841; (R1) 0.6859; More… AUD/USD continues to lose upside momentum ahead of 0.6894 resistance and intraday bias is turned neutral first. On the upside, decisive break of 0.6894 will extend Read more…
Trading activity is rather subdued in the last Asian session of the year. With no major economic events on the calendar for the day, trading is expected to remain quiet. Dollar is making an attempt Read more…
DXY: The DXY (US Dollar Index) chart currently shows an overall bearish momentum, indicating a potential for price to make a bearish continuation towards the 1st support. The 1st support level at 100.67 is identified Read more…
Japanese Yen is poised to be December’s best performer in the currency markets. Its strength is primarily driven by growing expectations that BoJ will eventually exit its long-standing negative interest rate policy in 2024. Yen’s Read more…
As December 2023 concludes, Dollar is set to be the month’s weakest performer. The persistent selloff can be largely attributed to Fed’s signal of the possibility of implementing rate cuts totaling 75 basis points in Read more…
Key Highlights USD/JPY started a major decline below the 145.00 support. A major bearish trend line is forming with resistance near 142.10 on the 4-hour chart. EUR/USD surged above the 1.1040 and 1.1080 levels. GBP/USD Read more…
AUDUSD reversed from resistance level 0.6865 Likely to fall to support level 0.6800 AUDUSD currency pair recently reversed down from the major resistance level 0.6865 (which has been reversing the pair from June). The resistance Read more…
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The skies are full of travelers either flying to their New Year’s celebration destinations or returning from their holiday trips. In the busiest travel week of the year, Southwest Airlines (LUV) – Get Free Report has Read more…