Daily Pivots: (S1) 1.5381; (P) 1.5435; (R1) 1.5503; More… Intraday bias in EUR/AUD stays neutral as consolidation from 1.5704 is in progress. Deeper decline cannot be ruled out. But downside should be contained by 55 day EMA (now at 1.5172) to bring rebound. On the upside, break of 1.5704 will resume the rally from 1.4281. […]
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Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long Read more…
Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his Read more…
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…