Daily Pivots: (S1) 0.8676; (P) 0.8698; (R1) 0.8713; More… Intraday bias in EUR/GBP remains neutral and more sideway trading could be seen. On the upside, firm break of 0.8750 will resume larger rally towards 0.8867 Read more…
Daily Pivots: (S1) 1.7828; (P) 1.7879; (R1) 1.7935; More… EUR/AUD’s rebound from 1.7569 resumed by breaking 1.7943 and intraday bias is back on the upside. Outlook is unchanged that fall from 1.8155 could have completed Read more…
BoJ board member Naoki Tamura, one of the central bank’s most hawkish policymakers, who voted for a 25bps hike at the September meeting, reiterated his call for a faster shift toward a neutral policy stance. Read more…
Australia’s labor market showed further signs of cooling in September as hiring momentum eased and the jobless rate climbed from 4.2% to 4.5%, the highest since November 2021. The unemployment rate figure exceeded expectations for Read more…
RBA Governor Michele Bullock cautioned today that financial markets may be underestimating global economic risks, warning that investors have taken a “Goldilocks view” of the outlook. Speaking at a forum, Bullock said markets appear to Read more…
The Fed’s Beige Book released Wednesday indicated that the U.S. economy has largely stalled, with “little change” in overall activity since the previous report. Out of the 12 regional districts, three reported slight to modest Read more…
Renewing all-time highs earlier today, around ~$4,218, gold (XAU/USD) has extended gains further so far in this week’s trading. With 2025 representing the best yearly performance in the yellow metals’ history by some margin, traders Read more…
The run in Silver prices has been nothing short of extraordinary. Since the start of the year, the metal has surged more than 80%, with most of the move unfolding after Powell’s late-August speech at Read more…
EUR/JPY printed a hammer candlestick yesterday just above a key support level hinting at a potential bullish continuation. The bullish daily candle close also came after three successive days in the red but today has Read more…
GBPCHF: ⬆️ Buy GBPCHF reversed from support zone Likely to rise to resistance level 1.0750 GBPCHF currency pair recently reversed from the support zone between the strong long-term support level 1.0665 (which has been reversing Read more…