Check back for updates throughout the trading day U.S. equity futures were mixed in early Monday trading, while Treasury yields nudged higher, as investors headed into the second half of the year focused once again Read more…
According to Reuters, exit polls show that Marine Le Pen’s far-right party, the National Rally (RN), won the first round of parliamentary elections in France on Sunday. The financial market reacted to this with a Read more…
UK’s PMI Manufacturing was finalized at 50.9 in June, slightly down from May’s 22-month high of 51.2. This marks a continued period of growth for the sector, but with some emerging concerns. Rob Dobson, Director Read more…
Gold trades back and forth in the past few sessions Price fails to claim 50-day SMA and restrictive trendline Momentum indicators are neutral-to-bullish Gold has been under pressure lately following its break below the 50-day simple moving Read more…
Eurozone manufacturing PMI for June was finalized at 45.8, down from May’s 47.3, signaling continued contraction in the manufacturing sector. This decline indicates ongoing challenges for manufacturers, with only Italy showing some improvement among the Read more…
Daily Pivots: (S1) 0.9607; (P) 0.9624; (R1) 0.9644; More…. Immediate focus is now on 0.9683 as EUR/CHF extended the rebound from 0.9476. Decisive break there will argue that Fall from 0.9928 has completed, probably as Read more…
Daily Pivots: (S1) 0.8460; (P) 0.8471; (R1) 0.8484; More… EUR/GBP’s break of 0.8482 support turned resistance indicates short term bottoming a 0.8396. Intraday bias is back on the upside. Break of 55 D EMA (now Read more…
Daily Pivots: (S1) 1.6006; (P) 1.6077; (R1) 1.6132; More… Intraday bias in EUR/AUD remains neutral for the moment and some more consolidations could be seen above 1.5996. But outlook stays bearish as long as 1.6211 Read more…
Daily Pivots: (S1) 171.74; (P) 172.10; (R1) 172.73; More… EUR/JPY’s rally continues today and intraday bias stays on the upside. Next target is 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the Read more…
Daily Pivots: (S1) 202.84; (P) 203.22; (R1) 203.86; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Next target is 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On Read more…