Daily Pivots: (S1) 0.9694; (P) 0.9755; (R1) 0.9874; More… Intraday bias in EUR/USD remains neutral at this point, and outlook stays bearish with 0.9863 support turned resistance intact. Break of 0.9634 will suggest that larger down trend is ready to resume. Intraday bias will be back on the downside for 0.9534 and below. However, sustained […]
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UK economic activity weakened in November, with the Composite PMI falling from 51.8 to 49.9, its first contraction in 13 months. Manufacturing PMI declined to a 9-month low of 48.6, down from 49.9, while Services Read more…
The USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of potential Japanese stimulus measures. Japan’s latest inflation data for October revealed a decline to 2.3%, marking the lowest level in Read more…
AUDUSD holds steady within 0.6500 zone Technical picture remains gloomy below 0.6630 AUDUSD has largely ignored the swings in the US dollar this week, staying relatively stable within the 0.6500 area and slightly above its Read more…