Daily Pivots: (S1) 1.1096; (P) 1.1153; (R1) 1.1191; More…. Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.1213. Further rally is expected as long as 1.1001 support holds. Above 1.1213 Read more…
Daily Pivots: (S1) 1.3344; (P) 1.3383; (R1) 1.3417; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.3433 is extending. Further rally is expected as long as 1.3265 resistance turned support holds. Above 1.3433 Read more…
Daily Pivots: (S1) 143.02; (P) 143.74; (R1) 144.32; More… Despite loss of upside momentum as seen in 4H MACD, further rise is still in favor in USD/JPY with 141.73 minor support intact. Rebound from 139.57 Read more…
Dollar stabilized overnight and is attempting to regain ground following recent losses. The greenback found some support after Fed Chair Jerome Powell’s remarks, where he indicated that Fed is in no rush to implement rapid Read more…
While anyone who has ever tried to book a flight at the last minute has also had a chance to see how demand will affect the cost of the ticket, the strategy of “dynamic pricing” Read more…
Australia’s retail sales turnover increased by 0.7% mom in August, surpassing the expected rise of 0.4% mom. On a year-over-year basis, retail sales were up 3.1%. This stronger-than-expected growth was largely attributed to unusually warm Read more…
Key Highlights WTI Crude Oil price started a fresh decline from the $73.25 resistance. It traded below a key bullish trend line with support at $72.20 on the 4-hour chart. Gold started a downside correction Read more…
NZIER Quarterly Survey of Business Opinion reveals significant improvement in business confidence in New Zealand during Q3. A net 5% of firms now expect deterioration in general economic conditions, a stark improvement from the net Read more…
Japan’s Manufacturing PMI for September was finalized at 49.7, marginally lower than August’s reading of 49.8, signaling continued contraction in the sector. According to Usamah Bhatti from S&P Global Market Intelligence, the data reflected “muted Read more…
Japan’s Q3 Tankan Large Manufacturing Index remained steady at 13, unchanged from Q2 and in line with market expectations, indicating stability in the country’s manufacturing sector. Manufacturers’ outlook for the next three months improved slightly Read more…