Daily Pivots: (S1) 1.2981; (P) 1.3102; (R1) 1.3238; More… Intraday bias in USD/CAD remains on the upside at this point. Current up trend should target 100% projection of 1.2005 to 1.2947 from 1.2401 at 1.3343. For now, outlook will stay bullish as long as 1.2935 support intact, in case of retreat. In the bigger picture, […]
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Japan’s private sector lost steam in May as final PMI Services reading slipped to 51.0 from April’s 52.4, while Composite PMI declined to 50.2 from 51.2. The data point to only marginal growth in overall Read more…
Australia’s GDP expanded just 0.2% qoq in Q1, falling short of expectations for 0.4% qoq growth. On an annual basis, GDP rose 1.3% yoy. However, GDP per capita declined by -0.2% qoq, marking a renewed Read more…
Key Highlights Ethereum started a fresh increase above the $2,500 resistance. ETH is following a short-term contracting triangle forming with resistance at $2,800 on the daily chart. Bitcoin price is facing hurdles near the $107,000 Read more…