Month: February 2024

AUDUSD hits its lowest level since mid-November Although decline halts, rebound looks unconvincing Momentum indicators remain tilted to the downside AUDUSD has been in a constant decline after peaking at 0.6870 in December, breaking below both its Read more…

Yesterday’s news showed that New Zealand’s labour market is stronger and more resilient than expected. In the fourth quarter of 2023, employment grew by 0.4% in the fourth quarter (forecast = +0.3%, quarter earlier = Read more…

Daily Pivots: (S1) 1.0755; (P) 1.0770; (R1) 1.0787; More… Intraday bias in EUR/USD remains neutral for the moment, with focus staying on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 Read more…

Daily Pivots: (S1) 147.79; (P) 148.02; (R1) 148.42; More… Intraday bias in USD/JPY remains neutral with focus on 148.79 resistance. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For Read more…

Daily Pivots: (S1) 1.2599; (P) 1.2620; (R1) 1.2650; More… Intraday bias in GBP/USD remains mildly on the upside. Correction from 1.2826 might have completed with three waves down to 1.2517. Further rise would be seen Read more…