Month: October 2024

USD/CHF is poised for a potential bullish move following a recent breakout, supported by a confluence of technical and fundamental factors. The Swiss National Bank’s preference for a weaker CHF and the repricing of Fed Read more…

The Australian dollar has extended its losses for a sixth straight day and is down 2.5% during that period. In the European session, AUD/USD is trading at 0.6736, down 0.29%. RBA minutes: Board considered scenarios Read more…

Daily Pivots: (S1) 1.0956; (P) 1.0972; (R1) 1.0989; More…. Intraday bias in EUR/USD is turned neutral first with current recovery. Fall from 1.1213 short term top is expected to continue as long as 1.1082 resistance Read more…

Daily Pivots: (S1) 1.3050; (P) 1.3092; (R1) 1.3126; More… While GBP/USD’s corrective fall from 1.3433 might extend lower, strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) Read more…

Daily Pivots: (S1) 147.65; (P) 148.39; (R1) 148.93; More… Intraday bias in USD/JPY is turned neutral first with current retreat. But further rally is expected as long as 141.63 support holds. Rise from 139.57 is Read more…

Daily Pivots: (S1) 0.8520; (P) 0.8559; (R1) 0.8584; More… USD/CHF recovered today but stays below 0.8606 temporary top. Intraday bias remains neutral at this point. Further rise is in favor as long as 0.8499 minor Read more…

Movements in the currency markets today are somewhat mixed today. Commodity currencies are generally underperforming, led by a sharp decline in Australian Dollar. Investor sentiment in Asia was dampened by the lack of detailed stimulus Read more…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It’s always a good idea to have extra blankets in the Read more…