Daily Pivots: (S1) 1.3072; (P) 1.3123; (R1) 1.3177; More… Intraday bias in GBP/USD is turned neutral first with 4H MACD crossed above signal line. Some consolidations would be seen above 1.3069 temporary low. On the Read more…
Daily Pivots: (S1) 0.8518; (P) 0.8563; (R1) 0.8626; More… Intraday bias in USD/CHF remains on the upside at this point. Rebound from 0.8374 is in progress for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Read more…
Daily Pivots: (S1) 146.78; (P) 147.89; (R1) 149.86; More… Intraday bias in USD/JPY remains on the upside for the moment. Rise from 139.57 is seen as the second leg of the corrective pattern from 161.94. Read more…
Japan’s verbal intervention re-entered the spotlight today as USD/JPY briefly surged above the 149 mark amid a quiet Asian session. Yen continues to face pressure from the strong rebound in Dollar, driven by traders abandoning Read more…
The NZIER Shadow Board is evenly divided on whether RBNZ should lower the OCR by 25 or 50 basis points in its upcoming meeting this week. Those advocating for a 50bps cut highlighted ongoing economic Read more…
In an interview with La Repubblica, ECB Governing Council member François Villeroy de Galhau noted a shift in the “balance of risks” for Eurozone economy. He said that for the past two years, the primary Read more…
Key Highlights EUR/USD started a fresh decline below the 1.1080 support. It traded below a key bullish trend line with support at 1.1145 on the 4-hour chart. GBP/USD declined below the 1.3150 support level. USD/JPY Read more…
Natural gas reversed from long-term resistance level 3.150 Likely to fall to support level 3.0000 Natural gas recently reversed down from the long-term resistance level 3.150 (the previous month’s high from May and June). The Read more…
S&P 500 reversed from support level 5680.00 Likely to rise to resistance level 5780.00 S&P 500 index recently reversed up from the pivotal support level 5680.00 (a former multi-month high from July, acting as the Read more…
In a post on the social media platform X (formerly known as Twitter) on September 26, notorious conservative influencer and anti-DEI activist Robby Starbuck — the architect behind the latest wave of anti-DEI backlash, declared that “It Read more…