Daily Pivots: (S1) 148.46; (P) 149.10; (R1) 150.19; More… Intraday bias in USD/JPY stays neutral first. On the downside, break of 148.57 minor support will indicate rejection by 55 4H EMA, and turn bias back Read more…
The electric vehicle story seems to have changed lately from an expectation of rapid adoption and frantic production to a reality of cooling interest and pullbacks in investments. General Motors (GM) – Get Free Report Read more…
Daily Pivots: (S1) 0.8814; (P) 0.8845; (R1) 0.8869; More…. Intraday bias in USD/CHF stays neutral for the moment. Consolidation form 0.8818 could extend further and stronger recovery cannot be ruled out. But near term outlook Read more…
Daily Pivots: (S1) 1.0854; (P) 1.0888; (R1) 1.0924; More… Intraday bias in EUR/USD remains neutral at this point, as consolidation from 1.0964 is extending. Further rally is in favor as long as 1.0823 support holds. Read more…
Daily Pivots: (S1) 1.2445; (P) 1.2498; (R1) 1.2546; More… Intraday bias in GBP/USD is back on the upside with break of 1.2557 temporary top. Rise from 1.2036 is resuming for 61.8% retracement of 1.3141 to Read more…
PMI data are the main drivers in the forex markets today, particularly lifting Sterling and, to some degree, Euro to higher positions. The bounce in Sterling is chiefly attributed to UK services sector bouncing back Read more…
ECB’s October meeting accounts reveal a consensus among “all members” to maintain the three key ECB interest rates unchanged. This decision reflects a shared confidence that current monetary stance was “sufficiently restrictive” for allowing the Read more…
Some people in cruising social media groups always get high and mighty when someone asks about internet connectivity. They generally make a comment about how they lock their phone in the safe as soon as Read more…
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Athens on Wednesday and Thursday, 25-26 October 2023 23 November 2023 1. Review of financial, economic and monetary Read more…
Recent price actions of the Nikkei 225 are still trading above its 20-day moving average despite the latest official downbeat assessment of Japan’s economy. Significant correlation flip between USD/JPY and Nikkei 225 may persist as Read more…