UK payrolled employment rose 48k or 0.2% mom in January. Over the 12-month period, payrolled employment grew 413k or 1.4% yoy. Median month pay rose 6.4% yoy, ticked up from December’s 6.3% yoy. Claimant count Read more…
The week started on a positive note on this side of the Atlantic Ocean, and on a mixed note on the American side. Equities in Europe were better bid on Monday, fueled by luxury stocks Read more…
Daily Pivots: (S1) 1.3429; (P) 1.3452; (R1) 1.3474; More… Intraday bias in USD/CAD remains neutral as sideway trading continues. Further rise is mildly in favor as long as 1.3357 support holds. On the upside, decisive Read more…
Daily Pivots: (S1) 0.6515; (P) 0.6529; (R1) 0.6545; More… AUD/USD’s consolidation from 0.6468 is still in progress and intraday bias remains neutral at this point. While stronger recovery cannot be ruled out, outlook will remain Read more…
Daily Pivots: (S1) 1.0750; (P) 1.0778; (R1) 1.0800; More… EUR/USD’s consolidation from 1.0722 is still extending and intraday bias remains neutral. While stronger recovery cannot be ruled out, outlook will stay bearish as long as Read more…
Daily Pivots: (S1) 1.2604; (P) 1.2630; (R1) 1.2653; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, firm break of 1.2653 resistance will affirm the case that correction from 1.2826 has Read more…
Daily Pivots: (S1) 149.03; (P) 149.25; (R1) 149.58; More… Intraday bias in USD/JPY stays neutral and more consolidations could still be seen. But further further rally is expected as long as 147.62 support holds. Above Read more…
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of CHFJPY. In which, the rally from 14 December 2023 low unfolded as an impulse sequence and called Read more…
Daily Pivots: (S1) 0.8732; (P) 0.8752; (R1) 0.8778; More…. Intraday bias in USD/CHF remains on the upside despite loss of momentum as seen in 4H MACD. Current rise from 0.8332 should target 61.8% retracement of Read more…
New Zealand Dollar falls notably during Asian session, triggered by the latest survey from the RBNZ, which revealed a further easing in inflation expectations. The implications of these findings have prompted traders to pare back Read more…