Daily Pivots: (S1) 0.9783; (P) 0.9834; (R1) 0.9891; More… Further rise is expected in USD/CHF as long as 0.9754 minor support holds. Rise from 0.9493 should target 1.0063 high. Decisive break there will resume larger up trend. On the downside, break of 0.9754 will dampen the bullish view and turn bias neutral again first. In […]
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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…