Daily Pivots: (S1) 1.3616; (P) 1.3630; (R1) 1.3649; More… Break of 1.3652 resistance suggests that a short term bottom was formed at 1.3588, after hitting 1.3589 support. Intraday bias is back on the upside for Read more…
Daily Pivots: (S1) 0.6761; (P) 0.6777; (R1) 0.6801; More… Intraday bias in AUD/USD is turned neutral for some consolidations. On the upside, above 0.6898 will target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at Read more…
Daily Pivots: (S1) 157.03; (P) 158.24; (R1) 159.12; More… Fall from 161.94 is seen as correcting the whole five-wave rally from 140.25. Deeper decline is in favor and sustained trading below 55 D EMA (now Read more…
Daily Pivots: (S1) 0.8927; (P) 0.8949; (R1) 0.8966; More… Further decline is in favor in USD/CHF with 0.9000 resistance intact. Below 0.8914 will target 0.8825 low. Break of 0.8825 will target 50% retracement of 0.8332 Read more…
Daily Pivots: (S1) 1.0876; (P) 1.0893; (R1) 1.0925; More…. Intraday bias in EUR/USD remains on the upside at this point. Decisive break of 1.0915 resistance will resume whole rise from 1.0601 to 100% projection of Read more…
Donald Trump got this close to being assassinated this weekend while he was giving a speech in an election rally. He was lucky that the bullet only grazed his ear, but he showed his resilience Read more…
Daily Pivots: (S1) 1.2930; (P) 1.2960; (R1) 1.3019; More… Intraday bias in GBP/USD remains on the upside despite current retreat. Rise fro 1.2298 is in progress for 100% projection of 1.2298 to 1.2859 from 1.2612 Read more…
Asian markets began the week with a cautious tone, as weaker-than-expected GDP growth from China dampened investor sentiment, even though the selloff in stocks has been limited. Today’s set of data, coupled with recent weak Read more…
China’s GDP grew 4.7% yoy in Q2, down from 5.3% in Q1 and missing expectations of 5.1%. For the first half of the year, GDP growth stood at 5% year-on-year. The National Bureau of Statistics Read more…
New Zealand BusinessNZ Performance of Services Index fell from 42.6 to 40.2 in June, marking the lowest level for the sector outside a COVID lockdown month since the survey began in 2007. BusinessNZ chief executive Read more…