The Dax 40 slumps over risk-off sentiment into the holiday season. The rally came to a halt near last June’s high of 14700. Then a break under the lower end (14150) of the previous consolidation forced leveraged positions to close out, sparking volatility in the process. The psychological level of 14000 has failed to contain […]
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Key Highlights GBP/USD started a fresh increase from the 1.3450 support zone. A rising channel is forming with resistance at 1.3660 on the 4-hour chart. EUR/USD could regain traction if it clears the 1.1750 resistance. Read more…
New Zealand’s labor market showed tentative signs of stabilization in the first quarter, with the unemployment rate unexpectedly falling from 5.4% to 5.3%, below expectations for no change. Employment rose 0.2% qoq, slightly under the Read more…
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