US PMI Manufacturing fell from 49.4 to 48.2 in December. PMI Services rose from 50.8 to 51.3. PMI Composite rose from 50.7 to 51.0, a 5-month high. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said: “The early PMI data indicate that the US economy picked up a little momentum in December, closing […]
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Daily Pivots: (S1) 1.1664; (P) 1.1707; (R1) 1.1732; More…. Range trading continues in EUR/USD and intraday bias stays neutral. Rise from 1.1408 is expected to continue as long as 1.1642 support holds. Firm break of Read more…
Daily Pivots: (S1) 1.3542; (P) 1.3601; (R1) 1.3634; More… Intraday bias in GBP/USD stays neutral as consolidations continue. Further rise is still expected as long as 1.3453 holds. Above 1.3657 will target 61.8% projection of Read more…
Daily Pivots: (S1) 0.7808; (P) 0.7829; (R1) 0.7861; More…. USD/CHF is staying in consolidations above 0.7778 and intraday bias remains neutral. Risk will remain on the downside as long as 0.7923 resistance holds. Firm break Read more…