Australia’s NAB Business confidence fell sharply by five points to -1 February, slipping into negative territory for the first time in eleven months. In contrast, business conditions held steady at +7, roughly in line with the long-run average. The split suggests that firms are still experiencing stable trading conditions but are becoming increasingly cautious about […]
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Daily Pivots: (S1) 1.3540; (P) 1.3573; (R1) 1.3621; More… Intraday bias in USD/CAD remains mildly on the downside for the moment. Consolidation pattern from 1.3480 could have completed at 1.3751, after hitting 55 D EMA Read more…
Daily Pivots: (S1) 0.6995; (P) 0.7037; (R1) 0.7119; More… AUD/USD is still bounded in established range below 0.7146 despite some volatility. Intraday bias stays neutral for the moment. Outlook stays bullish with 0.6896 support intact. Read more…
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