Daily Pivots: (S1) 1.0818; (P) 1.0846; (R1) 1.0891; More… Immediate focus is back on 1.0928 resistance in EUR/USD with today’s recovery. Decisive break there will resume larger rise to 61.8% projection of 0.9630 to 1.0733 from 1.0482 at 1.1164 next. On the downside, though, break of 1.0800 support should confirm short term topping, and turn […]
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Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions. Notably, NZD/USD reached its lowest level since October 2022 at the Read more…
The Australian dollar has posted slight losses on Tuesday. In the European session, AUD/USD is trading at 0.6247, down 0.18% at the time of writing. RBA minutes hint at rate cut The Reserve Bank of Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early trading, while the dollar tested the highest levels in two years, as investors treaded cautiously into the final holiday-shortened trading Read more…