Daily Pivots: (S1) 1.1774; (P) 1.1847; (R1) 1.1885; More… Intraday bias in EUR?USD is turned neutral first with current retreat. Some consolidations would be seen below 1.1917 temporary top first. Further rise is expected as Read more…
Daily Pivots: (S1) 1.3588; (P) 1.3657; (R1) 1.3694; More… Intraday bias in GBP/USD is turned neutral first with current retreat, and some consolidations would be seen below 1.3725 temporary top. Further rise is expected as Read more…
Daily Pivots: (S1) 145.98; (P) 146.51; (R1) 147.54; More… Intraday bias in USD/JPY is turned neutral with break of 147.25 minor resistance. Outlook is also mixed up by the current rebound. On the upside, break Read more…
Daily Pivots: (S1) 0.7847; (P) 0.7871; (R1) 0.7912; More…. Intraday bias in USD/CHF is turned neutral with current recovery. Some consolidations would be seen above 0.7828 temporary low. But upside should be limited below 0.8006 Read more…
Daily Pivots: (S1) 1.3738; (P) 1.3763; (R1) 1.3798; More… Intraday bias in USD/CAD stays neutral for the moment. With 1.3725 support intact, rise from 1.3538 could still extend higher. Break of 1.3889 should resume the Read more…
Markets Let’s start with the numbers. In its updated quarterly Summary of Economic Projections, the US central bank raised its growth path over the 2025-2027 policy horizon from 1.4%-1.6%-1.8% to 1.6%-1.8%-1.9%. Expectations around the unemployment Read more…
Daily Pivots: (S1) 0.6626; (P) 0.6667; (R1) 0.6692; More… Intraday bias in AUD/USD is turned neutral first with break of 0.6630 minor support. Some consolidations would be seen, but further rally is expected as long Read more…
Volatility surged overnight as markets digested the Fed’s 25bps cut and updated projections. The Dollar initially sank on confirmation of two more cuts this year, only to rebound sharply as traders judged the overall stance Read more…
Australia’s labor market weakened in August as total employment fell by -5.4k, against expectations for a 21.2k gain. The headline masked stark contrasts, with full-time jobs dropping by -40.9k while part-time roles increased by 35.5k. Read more…
New Zealand’s economy contracted far more than expected in Q2, with GDP falling -0.9% qoq against consensus forecasts of -0.3% qoq. The release confirmed a deeper downturn, with economic activity now having declined in three Read more…