UK private-sector activity returned to expansion in July, with the Flash Composite PMI rising to 52.1 from 49.3, its highest level in three months. Both manufacturing and services improved, marking the first expansion in overall Read more…
GBP/USD’s break of 1.3339 support argues that rebound from 1.3139 has already completed at 1.3557 already. The corrective pattern from 1.3867 is extending with another falling leg. Intraday bias is back on the downside for Read more…
Intraday bias in USD/CHF remains on the upside for 100% projection 0.7603 to 0.8041 from 0.7600 at 0.8198. Decisive break there will extend the rally from 0.7603 to 161.8% projection at 0.8469. On the downside, Read more…
Intraday bias in AUD/USD stays neutral at this point. On the downside, firm break of 0.6964 support will indicate rejection by 38.2% retracement of 0.7277 to 0.6864 at 0.7022. Deeper fall should be seen to Read more…
No change in USD/CAD’s outlook and intraday bias remains neutral. On the upside, firm break of 1.4115 will suggest that pullback from 1.4247 has completed, ahead of 38.2% retracement of 1.3480 to 1.4247 at 1.3954. Read more…
Eurozone business activity returned to expansion in July, with the Flash Composite PMI rising to 51.9 from 50.0, its highest level in five months and signaling the first increase in private-sector output in four months. Read more…
Intraday bias in GBP/JPY remains neutral as consolidations continue below 219.56. Downside of pullback should be contained by 216.39 support to bring rebound. On the upside, above 219.56 will extend larger up trend and target Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Style might be subjective, but there Read more…
Intraday bias in EUR/JPY remains on the upside for the moment. Current rally would target a retest on 187.93 high. However, as the rise from 182.01 is still viewed as a corrective move, upside should Read more…
Breach of 0.8543 resistance suggests that a short term bottom was already formed at 0.8453, after hitting 61.8% retracement of 0.8221 to 0.8863 at 0.8466. Intraday bias is back on the upside for stronger rebound Read more…