The Dollar Index ticks higher in early European trading on Thursday, from new lowest level since Dec 23, hit after release of FOMC July policy meeting. Minutes showed that the US policymakers remain on track for rate cut in September, as inflation eased and significant signs of weakness in the labor market, further support the […]
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Daily Pivots: (S1) 1.0545; (P) 1.0574; (R1) 1.0625; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0495. Outlook will stay bearish as long as 1.0760 support turned resistance holds. Read more…
Daily Pivots: (S1) 153.70; (P) 154.25; (R1) 155.21; More… USD/JPY rebounded after dipping to 153.27 and the break of 155.35 minor resistance suggests that pull back from 156.74 has completed. Intraday bias is back on Read more…
Daily Pivots: (S1) 1.2634; (P) 1.2662; (R1) 1.2711; More… GBP/USD recovers further today but stays well below 1.2842 support turned resistance. Intraday bias remains neutral and outlook stays bearish. On the downside, break of 1.2596 Read more…