Daily Pivots: (S1) 1.0676; (P) 1.0721; (R1) 1.0773; More… Intraday bias in EURUSD stays neutral for the moment. Correction from 1.1032 short term top could still extend lower. Break of 1.0668 will target 38.2% retracement Read more…
Daily Pivots: (S1) 0.9178; (P) 0.9234; (R1) 0.9276; More… Outlook in USD/CHF is unchanged and intraday bias stays neutral. On the upside, firm break of 0.9287 resistance will confirm short term bottoming at 0.9058, and Read more…
Daily Pivots: (S1) 130.13; (P) 131.42; (R1) 132.36; More… Outlook in USD/JPY remains unchanged and intraday bias stays neutral. Further rally is still mildly in favor. On the upside, above 132.89 will resume the rebound Read more…
Daily Pivots: (S1) 1.1975; (P) 1.2035; (R1) 1.2109; More… Intraday bias in GBP/USD remains neutral for the moment. Fall from 1.2446, as the third leg of the corrective pattern from 1.2445, could still extend lower. Read more…
The markets are quiet today with a light economic calendar and slow news flows. European majors are generally higher, in particular with Sterling and Euro paring some earlier losses. Commodity currencies turned softer, but Yen Read more…
Credit: Weibo/Xiaomi The Xiaomi 13 Pro will launch in India on February 26. We’re expecting the series to come to global markets as well. Xiaomi launched the Xiaomi 13 series late last year, but the Read more…
US futures Dow futures -0.33% at 34050 S&P futures -0.41% at 41147 Nasdaq futures -0.26% at 12706 In Europe FTSE +0.71% at 7918 Dax +0.75% at 15413 Biden’s State of the Union address US stocks Read more…
The reaction to Jay Powell’s speech on Tuesday was a positive one for risk assets, which meant that the dollar would come under pressure given its general negative correlation with stocks. Did the Fed Chair Read more…
Enlarge (credit: Getty Images) For almost five years, Booking.com customers have been on the receiving end of a continuous series of scams that clearly demonstrate that criminals have obtained travel plans and other personal information Read more…
The British pound is in positive territory on Wednesday. In the European session, GBP/USD is trading at 1.2107, up 0.47%. The pound is recovering from a nasty slide of almost 400 points, in which it Read more…