Key insights from the week that was. In Australia, the week began with the Federal Government’s announcement of a better-than-expected final budget outcome for 2023/24, a second consecutive surplus of $15.8bn. Relative to May’s estimates, the outcome was driven mostly by fewer payments, associated with delays in outflows to states and other programs, although receipts […]
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Daily Pivots: (S1) 191.60; (P) 193.39; (R1) 194.65; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside, above 195.95 will resume the rise from 180.00 to 61.8% retracement of 208.09 to Read more…
Daily Pivots: (S1) 161.48; (P) 161.98; (R1) 162.60; More…. Intraday bias is EUR/JPY stays neutral at this point. On the upside, break of 163.47 will resume the rise from 155.14 to 61.8% retracement of 175.41 Read more…
Daily Pivots: (S1) 0.8341; (P) 0.8387; (R1) 0.8452; More… Intraday bias in EUR/GBP stays on the upside for the moment. Decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way Read more…