Daily Pivots: (S1) 0.6866; (P) 0.6893; (R1) 0.6931; More… AUD/USD’s down trend resumed by breaking through 0.6828 support. Intraday bias is now on the downside for 0.6756/60 cluster support. Strong support could be seen there to bring rebound. On the upside, above 0.6918 resistance will turn bias back to the upside. However, sustained break of […]
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Today’s PMI figures were released and came in worse than analysts’ expectations. The Flash Manufacturing PMI and Flash Services PMI for both Germany and France fell below the 50.0 threshold, indicating that Europe’s economy is Read more…
The British pound is lower for a straight third trading day on Friday. In the North American session, GBP/USD is trading at 1.2543, down 0.36% on the day. UK retail sales weaker than expected UK Read more…
Market Picture Crypto market capitalisation surpassed $3.3 trillion, up 3.8% in the last 24 hours. Ethereum (+7.4%), Solana (+7.5%), XRP (+24%), and Cardano (+9.6%) provided traction. The price of Bitcoin broke through $99K on Friday Read more…