Daily Pivots: (S1) 0.8756; (P) 0.8787; (R1) 0.8813; More…. Intraday bias in USD/CHF stays on the downside and outlook is unchanged. Firm break of 100% projection of 0.9243 to 0.8886 from 0.9111 at 0.8754 will Read more…
Daily Pivots: (S1) 146.92; (P) 147.87; (R1) 148.43; More… Intraday bias in USD/JPY is turned neutral with breach of 147.70 minor resistance. Some consolidations could be seen, but risk will stay on the downside as Read more…
Charlie Munger, who died just a month shy of his 100th birthday this week, leaves one of the most investment revered legacies in the history of Wall Street. The nonagenarian billionaire and candy addict, who Read more…
Shaped four consecutive weeks of positive higher closes since 27 Oct 2023 low of 32,310. Potential start of a major uptrend phase with next major resistance at 39,515. Watch 35,175 key short-term support to maintain Read more…
USDJPY bounces from new ten-week low on Wednesday, as bears faced headwinds on probe through the base of daily cloud (147.38) and from 100DMA (146.97). Fresh jump was sparked by dovish comments from BoJ policymaker, Read more…
Eurozone Economic Sentiment Indicator ticked up from 93.5 to 938 in November. Employment Expectations Indication fell from 102.8 to 102.1 Economic Uncertainty Indicator fell from 22.7 to 22.4. Eurozone industry confidence fell from -9.2 to Read more…
The Reserve Bank of New Zealand left its key rate unchanged at 5.5%, the highest in 15 years, but on hold for six months now. The decision was in line with market expectations. However, the Read more…
EURUSD is consolidating under new multi-week high on Wednesday, after bulls cleared pivotal Fibo resistance at 1.0959 (61.8% of 1.1275/1.0448 downtrend) and cracked psychological 1.10 barrier. The Euro received fresh support from expectations that the Read more…
EUR/GBP remains in red for the fifth consecutive day and fell to the lowest I six weeks on Wednesday. The pair is trending lower within thick daily cloud, as break of pivotal supports at 0.8661 Read more…
General Motors (GM) – Get Free Report shares powered higher Wednesday after the carmaker updated its profit guidance following the United Autoworkers Union strike while unveiling plans to boost its quarterly dividend and buyback $10 billion Read more…