The British pound has started the New Year with sharp losses. In the North American session, GBP/USD is trading at 1.2626, down 0.82%. UK Manufacturing PMI eases lower The UK manufacturing sector remains in the Read more…
Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More…. Intraday bias in USD/CHF remains neutral for consolidation above 0.8332. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.8665 support Read more…
Daily Pivots: (S1) 140.58; (P) 141.25; (R1) 141.69; More… Intraday bias in USD/JPY is turned neutral as recovery from 140.25 extends. Further decline will remain in favor as long as 142.84 minor resistance holds. Break Read more…
Updated at 9:17 AM EST Tesla (TSLA) – Get Free Report posted better-than-expected fourth-quarter deliveries Tuesday, with a record tally that lifted its full-year total past its own forecasts but fell shy of CEO Elon Musk’s Read more…
Daily Pivots: (S1) 1.3196; (P) 1.3230; (R1) 1.3283; More… USD/CAD’s break of 1.3284 minor resistance indicate short term bottoming at 1.3176, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside Read more…
As US session commences, Dollar’s rebound is gaining additional momentum. This upswing is occurring against a backdrop of intensifying selloff in the equities market, primarily influenced by Apple’s downturn following downgrade by Barclays over concerns Read more…
The dollar index accelerated higher on the first trading day in 2024, extending bounce from five-month low of Dec 28 (100.30) into third consecutive day. Traders collected some profits from the broader downtrend, pushing the Read more…
Euro slips below 1.10 line German and eurozone manufacturing PMIs contract The euro is down sharply on Tuesday. In the European session, EUR/USD is trading at 1.0969, down 0.62%. The euro hasn’t posted a gain Read more…
Apple (AAPL) – Get Free Report shares moved lower in early Tuesday trading after analysts at Barclays issued a rare downgrade for the tech giant, citing softening iPhone demand that could lead to a “prolonged period Read more…
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website. As our members know, the pair is Read more…