Dollar falls broadly after ISM Manufacturing index indciates further deterioration in the sector. But loss is so far limited. Overall markets remain quiet. Swiss Franc and Yen persist are the softer performers. The Franc felt Read more…
Bundesbank President Joachim Nagel acknowledged the rising doubt and escalating criticism around the necessity for more rate hikes. Yet, he insisted on the need for further tightening. He attributed his stance to the robust health Read more…
Gold had been stuck within a sideways pattern for more than a month, but the bears managed to push the price below the lower boundary of that range. However, gold quickly found its feet and retraced Read more…
Daily Pivots: (S1) 182.36; (P) 183.12; (R1) 184.03; More… Intraday bias in GBP/JPY stays mildly on the upside at this point. Current up trend should target 138.2% projection of 148.93 to 172.11 from 155.33 at Read more…
Daily Pivots: (S1) 182.36; (P) 183.12; (R1) 184.03; More… Intraday bias in GBP/JPY stays mildly on the upside at this point. Current up trend should target 138.2% projection of 148.93 to 172.11 from 155.33 at Read more…
Daily Pivots: (S1) 182.36; (P) 183.12; (R1) 184.03; More… Intraday bias in GBP/JPY stays mildly on the upside at this point. Current up trend should target 138.2% projection of 148.93 to 172.11 from 155.33 at Read more…
UK PMI Manufacturing was finalized at 46.5 in June, down from May’s 47.1, a six-month low. S&P Global noted that output fell in intermediate and investment goods sectors. Input prices and output charges both fell. Read more…
In our service, we provide members trade setup in Live Trading Room. However, our setup is based on certain conditions. To trade, we need these conditions: There’s a bullish sequence (for buying) and bearish sequence Read more…
Daily Pivots: (S1) 144.00; (P) 144.53; (R1) 144.86; More… Intraday bias in USD/JPY remains neutral for consolidations below 145.06. Break of 55 4H EMA (now at 143.40) could trigger deeper correction. But further rally will Read more…
Key Highlights EUR/USD corrected lower and tested the 1.0835 support. A key bearish trend line is forming with resistance near 1.0925 on the 4-hour chart. GBP/USD is finding bids near the 1.2600 support zone. The Read more…