Daily Pivots: (S1) 0.9377; (P) 0.9427; (R1) 0.9496; More… A temporary low is formed at 0.9355 and intraday bias in USD/CHF is turned neutral for some consolidations. Upside of recovery should be limited by 0.9680 Read more…
Daily Pivots: (S1) 1.1729; (P) 1.1878; (R1) 1.2016; More… Intraday bias in GBP/USD remains on the upside for the moment. Current rise from 1.0351 should target 100% projection of 1.0351 to 1.1494 from 1.1145 at Read more…
Daily Pivots: (S1) 1.0258; (P) 1.0369; (R1) 1.0458; More… A temporary top is formed at 1.0481 with current retreat. Intraday bias in EUR/USD is turned neutral for some consolidations. Downside should be contained by 1.0092 Read more…
The selloff in Dollar overnight didn’t last very long. The greenback is trying to recovery in Asian session, as traders turned cautious on news that Poland was struck by a Russia-made projectile. But overall trading Read more…
GBP/CAD is a pair to watch today with inflation data from the UK and Canada featured. The cross tried to resume the rise from 1.4069 this week, and breached 1.5811 resistance. Yet, there is no Read more…
Japan private-sector machine orders dropped sharply by -4.6% mom in September, much worse than expectation of 0.7% mom. That followed a -5.8% mom decline in August. Nevertheless, for October-December period, manufacturers surveyed by the Cabinet Read more…
Australia Westpac Leading Index dropped from -1.09% to -1.19% in October, a new post-pandemic low. Westpac said the is consistent with “sustained weak growth” in 2023. It expects GDP growth to slow from around 3.4% Read more…
Employees said on social media that they had been notified that they were fired. Amazon (AMZN) – Get Free Report, the e-commerce giant, began Tuesday to carry out massive job cuts to respond to the Read more…
Key Highlights Bitcoin price started an upside correction from the $15,540 zone. A key bearish trend line is forming with resistance near $17,320 on the 4-hours chart. The price could struggle to gain bullish momentum Read more…
USDCHF reversed up from support level 0.9380 Likely to rise to resistance level 0.9485 USDCHF recently reversed up from the support level 0.9380 (former multi-month low from the start of August) standing below the lower Read more…