Daily Pivots: (S1) 1.2979; (P) 1.3011; (R1) 1.3074; More… GBP/USD falls notably today but stays above 1.2842 temporary low. Intraday bias remains neutral at this point. Further decline is expected as long as 1.3047 resistance Read more…
Daily Pivots: (S1) 1.0890; (P) 1.0913; (R1) 1.0954; More… EUR/USD’s breach of 1.0760 indicates that corrective recovery from there has completed after rejection by 55 D EMA (now at 1.0939), and fall from 1.1213 is Read more…
Dollar rallied sharply today after news broke that Republican candidate Donald Trump defeated Democrat Kamala Harris in North Carolina, a crucial battleground state. This win is considered a pivotal move toward Trump’s return to office, Read more…
Key Highlights GBP/USD is attempting to recover from the 1.2840 support zone. A connecting bearish trend line is forming with resistance at 1.3020 on the 4-hour chart. EUR/USD could gain bullish pace if it clears Read more…
Some iOS users with the Washington Post app installed may have looked down at their device tonight only to find an undismissable black toggle hovering on their screen, with electoral vote counts in the 2024 Read more…
Minutes from BoJ’s September meeting reveal a careful stance on monetary policy amid global economic uncertainties. At the meeting, BoJ kept its interest rate steady at 0.25%. Regarding future direction of monetary policy, members broadly Read more…
In 2020, all hell broke loose for consumers who were relying on video games to entertain them during a time when the Covid pandemic forced a series of lockdowns. The lockdowns required people to stay Read more…
Japan’s services sector slipped into contraction in October, with PMI Services index finalized at 49.7, down from September’s 53.1 and marking its first contraction since June. PMI Composite also declined to 49.6 from 52.0, signaling Read more…
The dictionary tells us that an inference is “a conclusion reached based on evidence and reasoning.” But that meaning takes on a whole new meaning in the world of artificial intelligence, where inference occurs when Read more…
New Zealand’s labor market showed signs of cooling in Q3, with employment falling by -0.5% qoq, in line with expectations. Unemployment rate rose from 4.6 to 4.8%, slightly better than the anticipated 5.0%, but still Read more…