EURUSD broke support zone Likely to fall to support level 1.0875 EURUSD currency pair under the bearish pressure after the earlier breakout of the support zone located between the key support level 1.1000 (former monthly low from September) and the 50% Fibonacci correction of the upward impulse from July. The breakout of this support zone […]
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New Zealand’s BusinessNZ Performance of Manufacturing Index rose slightly from 46.1 to 46.9 in September, marking the third consecutive month of improvement. Despite this, the sector remains in contraction for the 19th straight month, with Read more…
Key Highlights USD/JPY rallied above 149.20 before the bears appeared. It traded below a major bullish trend line with support at 149.35 on the 4-hour chart. EUR/USD extended losses and traded below the 1.0950 support. Read more…
Atlanta Fed President Raphael Bostic, in an interview with WSJ, indicated that he is open to pausing further rate cuts if economic data warrants it. “I am totally comfortable with skipping a meeting if the Read more…