Month: January 2024

Daily Pivots: (S1) 0.8550; (P) 0.8568; (R1) 0.8580; More… EUR/GBP’s break of 0.8548/54 indicates down trend resumption. Intraday bias is back on the downside. Next target is 0.8491 low, and then 0.8464 projection level. On Read more…

Daily Pivots: (S1) 1.0872; (P) 1.0891; (R1) 1.0902; More… EUR/USD dips notably today but stays above 1.0843 support. Intraday bias remains neutral and more consolidations could be seen. Further decline is expected as long as Read more…

Daily Pivots: (S1) 1.2686; (P) 1.2710; (R1) 1.2732; More… No change in GBP/USD’s outlook as it’s still bounded in consolidation from 1.2826. Intraday bias stays neutral at this point. On the downside, break of 1.2595 Read more…

Daily Pivots: (S1) 0.8671; (P) 0.8686; (R1) 0.8706; More…. Intraday bias remains neutral in USD/CHF and outlook is unchanged. Focus stays on 38.2% retracement of 0.9243 to 0.8332 at 0.8680, which coincides 55 D EMA Read more…

Daily Pivots: (S1) 147.71; (P) 148.03; (R1) 148.44; More… No change in USD/JPY’s outlook as consolidation from 148.79 is still extending. Deeper retreat cannot be ruled out, but further rally is expected as long as Read more…

One of the spotlights will turn to New Zealand’s inflation data in the upcoming Asian session. Market are expecting quarterly CPI to rise 0.5% qoq in Q4, slowed from Q3’s 1.8% qoq. Annually, CPI is Read more…

Verizon  (VZ) – Get Free Report posted better-than-expected fourth quarter earnings Tuesday, while forecasting solid 2024 profits thanks in part to its flexible wireless plans and promotions linked to Apple’s  (AAPL) – Get Free Report new iPhone Read more…

Check back for updates throughout the trading day U.S. equity futures were mixed in early Tuesday trading, following on from the second consecutive record close for the S&P 500, as investors continue to bet that Read more…

The New Zealand dollar (NZD) kicks off the week at 0.6116, showing minimal change. However, last week saw a 2% dip, pushing the NZD to a five-week low. Economic challenges persist in New Zealand, with Read more…