In focus today Today the Hungarian Central Bank will announce its rate decision, with the market expecting the policy rate to be kept at 6.5%. Otherwise, market focus will remain on the earnings season and Read more…
Daily Pivots: (S1) 1.3805; (P) 1.3827; (R1) 1.3855; More… Intraday bias in USD/CAD Is back on the upside with breach of 1.3837 temporary top. Rise from 1.3418 is resuming and should target 1.3946/76 key resistance Read more…
Daily Pivots: (S1) 0.6633; (P) 0.6679; (R1) 0.6704; More… AUD/USD recovered quickly after brief breach of 0.6657 and intraday bias stays neutral first. Further decline is expected as long as 0.6758 resistance holds. Below 0.6657 Read more…
Daily Pivots: (S1) 1.0793; (P) 1.0833; (R1) 1.0854; More… EUR/USD is still bounded in consolidation above 1.0810 temporary low. Intraday bias remains neutral at this point. Outlook will remain as long as 1.0954 resistance holds. Read more…
Daily Pivots: (S1) 1.2955; (P) 1.3007; (R1) 1.3036; More… GBP/USD is still bounded in consolidations above 12973 temporary low. Intraday bias remains neutral at this point. On the upside, firm break of 1.3102 resistance will Read more…
Daily Pivots: (S1) 0.8642; (P) 0.8653; (R1) 0.8673; More… USD/CHF is staying in consolidation below 0.8668 temporary top and intraday bias stays neutral. Further rally is expected as long as 0.8548 resistance turned support holds. Read more…
Daily Pivots: (S1) 149.66; (P) 150.27; (R1) 151.46; More… USD/JPY’s rally from 139.57 resumed after brief consolidations, and re-accelerates. Intraday bias is back on the upside for 61.8% retracement of 161.94 to 139.57 at 153.39. Read more…
Dollar strengthened broadly overnight, propelled by the extended rally in US Treasury yields. 10-year yield soared to its highest level since late July, breaching 4.2% mark during Asian trading session. The move reflects growing market Read more…
Key Highlights Gold started a fresh surge and traded to a new high above $2,740. It cleared a major bearish trend line with resistance at $2,660 on the 4-hour chart. Oil prices corrected gains and Read more…
New Zealand’s trade balance in September 2024 showed a deficit of NZD -2.1B. Goods exports rose by NZD 246m, or 5.2% yoy, reaching NZD 5.0B. Meanwhile, goods imports fell by NZD -67m, or -0.9% yoy, Read more…