Daily Pivots: (S1) 0.8991; (P) 0.9035; (R1) 0.9090; More…. USD/CHF’s rise from 0.8551 is still in progress. Intraday bias remains on the upside for 0.9146 cluster resistance. On the downside, break of 0.8982 minor support Read more…
Daily Pivots: (S1) 147.10; (P) 147.78; (R1) 148.24; More… Intraday bias in USD/JPY remains neutral but further rally is in favor with 147.00 support intact. Above 148.45 will resume larger rally from 127.20. Next target Read more…
Daily Pivots: (S1) 1.0627; (P) 1.0651; (R1) 1.0684; More… No change in EUR/USD’s outlook and intraday bias stays neutral for the moment. On the downside, sustained break of 1.0609/34 support zone will carry larger bearish Read more…
Daily Pivots: (S1) 1.2237; (P) 1.2293; (R1) 1.2352; More… GBP/USD’s decline continues today and intraday bias stays on the downside. Current fall from 1.3141 should target 1.2075 fibonacci level. On the upside, above 1.2369 minor Read more…
Yen languishes as the day’s worst performer, with sentiments taking a hit due to BoJ’s silence on potential policy tweaks. European majors aren’t faring much better, as subpar PMI data from both Eurozone and UK Read more…
Canada retail sales rose 0.3% mom to CAD 66.1B in July, below expectation of 0.4% mom. Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were up 1.3% mom. In volume Read more…
Who is Keith Gill (AKA Roaring Kitty)? Keith Gill — perhaps known better by his YouTube username, Roaring Kitty, or his Reddit handle, u/DeepF**kingValue — was, until late 2020, a relatively unknown financial analyst at Read more…
Market picture The crypto market capitalisation has fallen to $1.056 trillion, losing around 0.9% in the last 24 hours. The main pressure on the market came from outside, as equity indices fell, with the US Read more…
Today, fresh monthly values of the PMI index, which is considered a leading indicator of the state of the economy, have become known: France: actual 43.6, expected 46.2. This is the worst economic contraction since Read more…
Bears tightened grip on Friday, offsetting initial positive signal of Thursday’s long-tailed daily candle, formed on post-BoE dip and subsequent bounce. Fresh weakness is pressuring six-month low (1.2231) and nearby 55WMA (1.2204) which produced headwinds Read more…