In focus this week Today is set to be a quiet start of the week, without major market movers on the data front. We continue to await Israel’s response to the Iranian missile attack on Read more…
Daily Pivots: (S1) 0.6731; (P) 0.6745; (R1) 0.6766; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.6701 temporary low. Further decline is expected as long as 0.6809 minor resistance holds. On the downside, Read more…
Daily Pivots: (S1) 1.3731; (P) 1.3758; (R1) 1.3790; More… Intraday bias in USD/CAD stays mildly on the upside despite some loss of momentum. As noted before, corrective fall from 1.3946 should have completed at 1.3418 Read more…
Daily Pivots: (S1) 1.0923; (P) 1.0938; (R1) 1.0954; More…. Intraday bias in EUR/USD remains neutral for the moment. Further decline is expected as long as 1.0996 resistance holds. On the downside, sustained break of 38.2% Read more…
Daily Pivots: (S1) 1.3045; (P) 1.3064; (R1) 1.3089; More… Intraday bias in GBP/USD remains neutral for the moment. Fall from 1.3433 short term top could extend lower. But strong support should be seen from 1.3000 Read more…
Daily Pivots: (S1) 148.58; (P) 148.94; (R1) 149.46; More… Intraday bias in USD/JPY remains neutral for consolidations below 149.58 temporary top. Further rally is expected as long as 145.91 support holds. Above 149.58 will resume Read more…
Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF trades mildly higher in Asian session but stays below 0.8611 temporary top. Intraday bias remains neutral First. further rally is expected as long as 0.8529 Read more…
The Monday Asian session started quietly with Japan on holiday and the US and Canada on extended weekends. Market reactions to China’s Minister of Finance press briefing over the weekend have been subdued, as traders Read more…
Key Highlights EUR/USD started a fresh decline below the 1.1000 support zone. A connecting bearish trend line is forming with resistance at 1.0945 on the 4-hour chart. GBP/USD extended losses and traded below the 1.3080 Read more…
New Zealand’s BusinessNZ Performance of Services Index was unchanged at 45.7 in September, marking the seventh consecutive month in contraction and remaining well below the long-term average of 53.1. Katherine Rich, CEO of BusinessNZ, noted Read more…