Daily Pivots: (S1) 143.02; (P) 143.74; (R1) 144.32; More… Despite loss of upside momentum as seen in 4H MACD, further rise is still in favor in USD/JPY with 141.73 minor support intact. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 141.73 will […]
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UK manufacturing sector expanded at a slower pace in September, with the PMI finalizing at 51.5, down from 52.5 in August. According to Rob Dobson, Director at S&P Global Market Intelligence, the sector continues to Read more…
Eurozone’s PMI Manufacturing was finalized at 45.0 in September, down from 45.8 in August, marking a 9-month low and reflecting further deterioration in the region’s manufacturing sector. Germany posted the weakest performance with a 12-month Read more…
When 2024 began, there was deep concern that the major indexes were showing big gains from a very narrow range of stocks. Narrow range as in: tech, tech and more tech. Monday brought a close Read more…