AUDNZD reversed from resistance level 1.1165 Likely to fall to support level 1.1100 AUDNZD currency pair recently reversed down from the pivotal resistance level 1.1165 (former strong resistance from the start of June). The downward Read more…
GBPCHF broke daily down channel Likely to rise to resistance level 1.1770 GBPCHF continues to rise after the earlier breakout of the resistance trendline of the daily down channel from the start of July – Read more…
“While we recognize macro crosscurrents are clouding the global economic growth outlook, we remain confident in our demand outlook for the back half of the year,” said CEO Darius Adamczyk. Honeywell International (HON) – Get Read more…
“We are pleased that the merger agreement with Frontier has been terminated and we are engaged in ongoing discussions with Spirit,” JetBlue said. Spirit Airlines (SAVE) – Get Spirit Airlines Inc. Report shares moved firmly higher Read more…
Stock futures lower with earnings, GDP data in focus; Meta shares tumble after Q2 earnings miss, muted ad outlook; Spirit soars after cancelling frontier deal, setting up JetBlue takeover; Ford shares leap after solid Q2 Read more…
The Euro reduced speed on Thursday after post-Fed 0.83% jump and still holding below pivotal Fibo barrier at 1.0270 (38.2% of 1.0786/0.9952 descend) where bulls were trapped last week. Support from unclear signals about the Read more…
Eurozone Economic Sentiment Indicator dropped from 103.5 to 99.0 in July. Industrial confidence dropped from 7.0 to 3.5. Services confidence dropped from 104.1 to 10.7. Consumer confidence dropped from -23.8 to -27.0. Retail trade confidence Read more…
Daily Pivots: (S1) 165.07; (P) 165.70; (R1) 166.75; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Corrective pattern from 168.67 could still extend further. Below 162.98 minor support will target 160.37. Nevertheless, Read more…
Daily Pivots: (S1) 138.70; (P) 139.10; (R1) 139.77; More…. Intraday bias in EUR/JPY stays mildly on the downside. Current decline from is seen as a falling leg inside the corrective pattern from 144.23. Deeper decline Read more…
Daily Pivots: (S1) 0.8369; (P) 0.8397; (R1) 0.8419; More… EUR/GBP’s fall from 0.8720 resumed by breaking through 0.8401 support. The development also affirms the case of rejection by 0.8697 fibonacci level. Intraday bias stays on Read more…