Daily Pivots: (S1) 0.8272; (P) 0.8310; (R1) 0.8351; More… Range trading continues in EUR/GBP and intraday bias remains neutral. Outlook stays bearish with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume Read more…
Daily Pivots: (S1) 1.5948; (P) 1.6041; (R1) 1.6117; More… Intraday bias in EUR/AUD is turned neutral first with current recovery and some consolidations would be seen. Outlook will stay bearish as long as 1.6161 support Read more…
Daily Pivots: (S1) 0.9241; (P) 0.9283; (R1) 0.9359; More…. Intraday bias in EUR/CHF remains neutral first and more consolidations would be see first. Outlook will stay bearish as long as 0.9364 resistance holds. On the Read more…
Last week was marked by an improved sentiment in the US, but not so much in Europe. The US equities had a strong week: the S&P 500 rallied 1.68% over the week, Nasdaq 100 gained Read more…
In focus today Today, in Germany we receive the Ifo growth indicator for November. After the decline in German PMIs on Friday, the stage is set for a decrease in Ifo as well. Consensus suggests Read more…
Daily Pivots: (S1) 1.3952; (P) 1.3986; (R1) 1.4015; More… USD/CAD is extending the consolidation from 1.4104 and intraday bias remains neutral. On the downside, break of 1.3930 will extend the corrective fall from 1.4104 to Read more…
Daily Pivots: (S1) 0.6474; (P) 0.6500; (R1) 0.6529; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6440 is extending. Further decline is expected as long as 0.6687 resistance holds. On the downside, decisive Read more…
Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long Read more…
Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his Read more…
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…