The momentum in Wall Street extended on Wednesday as investors reacted to strong quarterly results by companies like CVS, CME, and Chipotle Mexican Grill. In general, while companies like PayPal, Meta Platforms, and JP Morgan disappointed, the earnings season has been relatively strong. According to FactSet, companies are set to report earnings growth of over […]
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Daily Pivots: (S1) 1.6230; (P) 1.6275; (R1) 1.6351; More… Intraday bias in EUR/AUD stays neutral as consolidations continues above 1.6125. Further decline is expected with 1.6594 resistance intact. Firm break of 1.6125 will resume the Read more…
Daily Pivots: (S1) 0.9088; (P) 0.9115; (R1) 0.9162; More…. EUR/CHF extended rebound and firm break of 0.9092 support turned resistance suggests short term bottoming at 0.8979. Sustained trading above 38.2% retracement of 0.9394 to 0.8979 Read more…
Daily Pivots: (S1) 0.7022; (P) 0.7065; (R1) 0.7131; More… Intraday bias in AUD/USD stays neutral as range trading continues. With 0.6943 support intact, further rally is still expected. On the upside, firm break of 100% Read more…