Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. Intraday bias in USD/CHF remains neutral for the moment, and some more consolidations should be seen. Deeper decline cannot be ruled out, but outlook will stay Read more…
Daily Pivots: (S1) 151.61; (P) 151.77; (R1) 152.02; More… Intraday bias in USD/JPY remains neutral at this point as range trading continues. On the downside, break of 150.80 will turn bias back to the downside Read more…
Daily Pivots: (S1) 1.3556; (P) 1.3587; (R1) 1.3603; More… Intraday bias in USD/CAD is turned neutral again with current retreat. Some consolidations would be seen but further rally is still expected as long as 1.3477 Read more…
Daily Pivots: (S1) 0.6573; (P) 0.6592; (R1) 0.6623; More…. Intraday bias in AUD/USD remains neutral first. On the upside, break of 0.6618 resistance will affirm the case that rise from 0.6480 is the third leg Read more…
New Zealand Dollar traded broadly higher in Asian session, despite revelation of significant downturn in business confidence for Q1. Kiwi bears seemed to be lightening up their short positions in anticipation of RBNZ rate decision Read more…
Australia NAB Business Confidence rose from 0 to 1 in March. Business Conditions fell from 10 to 9. Trading Conditions and employment conditions held steady at 15 and 6 respectively. But profitability conditions decline notably Read more…
Key Highlights Gold rallied further and spiked above the $2,350 resistance level. A connecting bullish trend line is forming with support at $2,320 on the 4-hour chart. EUR/USD is facing a major hurdle near the Read more…
Medicines originally developed for type 2 diabetes patients have recently been given a lot of attention as word of mouth spreads about their weight-loss side effects. The Food and Drug Administration (FDA), in fact, has Read more…
Australia Westpac Consumer Sentiment Index marked a decrease of -2.4% mom to 82.4 in April. This downturn extends the index’s streak below the neutral threshold of 100 to nearly two years, underscoring a prolonged period Read more…
In Q1, New Zealand’s business community signaled a stark downturn in confidence, with NZIER business confidence index plunging from -9.9 to -23.7 . This dramatic drop is accompanied by reversal in firms’ trading activity expectations Read more…