Daily Pivots: (S1) 1.2481; (P) 1.2545; (R1) 1.2582; More… GBP/USD is staying in sideway trading and intraday bias remains neutral. While another recovery cannot be ruled out, outlook will stay bearish as long as 1.2810 Read more…
Daily Pivots: (S1) 0.9024; (P) 0.9052; (R1) 0.9095; More… Intraday bias in USD/CHF stays mildly on the upside, as rise from 0.8374 is in progress for 61.8% projection of 0.8374 to 0.8956 from 0.8735 at Read more…
Daily Pivots: (S1) 156.70; (P) 157.38; (R1) 158.09; More… Intraday bias in USD/JPY is turned neutral with current retreat, and some consolidations would be seen below 158.06 temporary top first. But outlook will stay bullish Read more…
Daily Pivots: (S1) 0.6172; (P) 0.6209; (R1) 0.6229; More… Intraday bias in AUD/USD is back on the downside with breach of 0.6198 support. Fall from 0.6941 is resuming for 0.6169 long term support, and then Read more…
Daily Pivots: (S1) 1.4354; (P) 1.4394; (R1) 1.4442; More…+ Intraday bias in USD/CAD remains neutral as consolidations continue below 1.4466. Deeper pullback cannot be ruled out, but outlook will stay bullish as long as 1.4177 Read more…
As global markets return from the New Year holiday, trading remains subdued with light activity expected until next week when full operations resume. Today’s focus will be on Eurozone and UK PMI manufacturing finals alongside Read more…
In focus today Happy New Year, everyone, and welcome back to work here in 2025! We are ready with the first Danske Morning Mail of the new year. Today, we keep an eye on final Read more…
China’s Caixin Manufacturing PMI dropped to 50.5 in December, down from 51.5 and below market expectations of 51.6, signaling a moderation in the sector’s growth. While supply and demand expanded modestly, external demand remained a Read more…
Key Highlights GBP/USD failed to start another increase above the 1.2800 resistance zone. A major bearish trend line is forming with resistance at 1.2600 on the 4-hour chart. EUR/USD is at risk of more losses Read more…
NZDUSD broke key support 0.5600 Likely to fall to support level 0.5500 NZDUSD currency pair under the bearish pressure after breaking the key support 0.5600, which stopped the previous long-term ABC correction (2) earlier this Read more…