The post Eco Data 7/31/24 appeared first on Action Forex.
Germany’s economy is forecast to contract by -0.1% in 2024, according to the Ifo Institute. The economy has been “treading water for five years”, with growth stalled amid structural challenges. The institute presents two possible Read more…
Daily Pivots: (S1) 0.8817; (P) 0.8836; (R1) 0.8860; More… Outlook in USD/CHF remains unchanged as corrective fall from 0.8956 should have completed at 0.8735 after hitting 55 D EMA. Intraday bias remains on the upside Read more…
Daily Pivots: (S1) 1.0471; (P) 1.0505; (R1) 1.0531; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the downside, break of 1.0471 support will suggest that corrective recovery from 1.0330 has completed Read more…