UK Services PMI was finalized at 51.3 in November down from October’s 52.3. Composite PMI eased to 51.2 from 52.2, marking a clear loss of momentum after several months of improvement. S&P Global’s Tim Moore Read more…
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Eurozone Services PMI final rose to 53.6 in November from 53.0, marking a 30-month high and reinforcing the sector’s position as the main driver of regional growth. Composite PMI also improved to 52.8 from 52.5—another Read more…
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Market Overview The crypto market soared by almost 7% over the past day, reaching a capitalisation of $3.15T and forming a higher local peak compared to Sunday. The mood on the crypto market was buoyed Read more…
Daily Pivots: (S1) 205.43; (P) 205.85; (R1) 206.36; More… GBP/JPY is extending consolidations below 207.18 and intraday bias stays neutral. Further rally is expected as long as 204.26 support holds. Above 207.18 will resume larger Read more…
Daily Pivots: (S1) 180.58; (P) 180.97; (R1) 181.59; More… EUR/JPY is still bounded in sideway consolidations below 181.98 and intraday bias stays neutral. While deeper retreat cannot be ruled out, downside should be contained by Read more…
Daily Pivots: (S1) 0.8785; (P) 0.8794; (R1) 0.8806; More… Intraday bias in EUR/GBP remains neutral outlook is unchanged. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 0.745) will Read more…
Daily Pivots: (S1) 1.7660; (P) 1.7711; (R1) 1.7757; More… Intraday bias in EUR/AUD remains mildly on the downside for 1.7627 support. Firm break there will argue that decline from 0.8160 is ready to resume through Read more…
Daily Pivots: (S1) 0.9322; (P) 0.9335; (R1) 0.9348; More…. Sideway trading continues in EUR/CHF and intraday bias remains neutral. As noted before, fall from 0.9660 could have completed at 0.9178, on bullish convergence condition in Read more…