Daily Pivots: (S1) 0.6731; (P) 0.6786; (R1) 0.6815; More… A short term top should be in place at 0.6870 in AUD/USD, on bearish divergence condition in 4H MACD, ahead of 0.6894 resistance. Intraday bias is mildly on the downside for deeper pull back to 0.6689 resistance turned support next. On the upside, break of 0.6870 […]
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Yesterday offered a moment of relief for some investors amid the Trump euphoria sweeping through the markets. The nomination of Scott Bessent for Treasury Secretary resonated well across investment communities as the man – who Read more…
In focus today Tonight, FOMC will publish minutes from its November meeting. Markets remain divided over whether the Fed will continue cutting rates in December, so any clues about the most likely policy rate path Read more…
Daily Pivots: (S1) 1.0453; (P) 1.0492; (R1) 1.0534; More… Range trading continues in EUR/USD and intraday bias remains neutral. More consolidations could be seen above 1.0330 temporary low but further decline is expected as long Read more…