Daily Pivots: (S1) 1.0933; (P) 1.0972; (R1) 1.0995; More… EUR/USD’s break of 1.0891 support suggests short term topping at 1.1011, on bearish divergence condition in 4H MACD. Fall from 1.1011 is seen as the third Read more…
DXY: The DXY (US Dollar Index) chart exhibits a bearish momentum as indicated by two factors. Firstly, the price is currently positioned below the bearish Ichimoku cloud, reflecting a prevailing bearish sentiment in the market. Read more…
DXY: The DXY (US Dollar Index) chart exhibits a bearish momentum as indicated by two factors. Firstly, the price is currently positioned below the bearish Ichimoku cloud, reflecting a prevailing bearish sentiment in the market. Read more…
Japan PMI Manufacturing declined from 50.6 to 49.8 in June, below expectation of 50.2. PMI Manufacturing Output fell from 50.9 to 48.3. PMI Services dropped from 55.9 to 54.2. PMI Composite decreased from 54.3 to Read more…
In a speech today, Fed Michelle Bowman underscored that more action would be necessary to bring inflation under control. She noted, “I believe that additional policy rate increases will be necessary to bring inflation down Read more…
In a speech today, Fed Michelle Bowman underscored that more action would be necessary to bring inflation under control. She noted, “I believe that additional policy rate increases will be necessary to bring inflation down Read more…