Daily Pivots: (S1) 181.90 (P) 182.35; (R1) 183.14; More… GBP/JPY’s break of 183.00 resistance suggests that pull back from 186.75 has completed at 178.02 already. Intraday bias is back on the upside. Stronger rally would Read more…
Daily Pivots: (S1) 148.21; (P) 148.66; (R1) 149.15; More… Outlook in USD/JPY is unchanged. Intraday bias stays neutral as consolidation from 150.15 is still extending. On the downside, below 148.24 minor support will turn bias Read more…
Daily Pivots: (S1) 0.9026; (P) 0.9055; (R1) 0.9075; More…. Intraday bias in USD/CHF stays mildly on the downside. Corrective fall from 0.9243 could extend further to 38.2% retracement of 0.8551 to 0.9243 at 0.8979. On Read more…
Daily Pivots: (S1) 1.0567; (P) 1.0593; (R1) 1.0632; More… Intraday bias in EUR/USD stays neutral with immediate focus on 1.0616 resistance. Decisive break there will confirm short term bottoming, and turn bias back to the Read more…
Cloud computing and software company PagerDuty (PD) – Get Free Report announced Oct. 9 that it intends to issue new notes to cover the purchase of older ones. The company said it will offer a $350 Read more…
Daily Pivots: (S1) 1.2235; (P) 1.2263; (R1) 1.2314; More Intraday bias in GBP/USD stays on the upside at this point. Rebound from 1.2036 short term bottom is in progress for near term channel resistance (now Read more…
Dollar is exhibiting mixed performance in today’s relatively calm trading environment. Earlier losses were swiftly counteracted, illustrating the greenback’s resilience amidst fluctuating conditions. Interestingly, the extended pullback in treasury yield has left Dollar unscathed, and Read more…
US PPI for final demand rose 0.5% mom in September, above expectation of 0.4% mom. PPI less foods, energy, and trade services increased 0.2% mom, the fourth consecutive advance. PPI goods rose 0.9% mom while Read more…
ECB Governing Council member Pablo Hernandez de Cos noted that market pricing indicated a clear understanding of the central bank’s communication, finding its intended policy path to be credible. “They are interpreting well that there Read more…
The dollar index remains at the back foot after a continuous five-day fall, but the range narrows on Wednesday, as traders await release the minutes of FOMC last policy meeting to get more clues on Read more…