Key insights from the week that was. Domestically, the main event was the RBA’s November policy meeting, where the Board decided once again to leave the cash rate unchanged at 4.35%. Communications on the day – via the decision statement, press conference, and Statement on Monetary Policy – provided more colour around changes to the […]
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Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More… Intraday bias in EUR/USD remains neutral for consolidations above 1.0681 temporary low. Further decline is expected as long as 1.0936 resistance holds. On the downside, sustained Read more…
Daily Pivots: (S1) 152.16; (P) 153.44; (R1) 154.17; More… Intraday bias in USD/JPY remains neutral at this point, and some more consolidations would be seen below 154.70 temporary top. Further rally is expected as long Read more…
Daily Pivots: (S1) 1.2903; (P) 1.2956; (R1) 1.3040; More… Intraday bias in GBP/USD stays neutral as sideway trading continues. With 1.3047 resistance intact, further decline is still expected. Firm break of 1.2842 will resume the Read more…