Daily Pivots: (S1) 0.9754; (P) 0.9807; (R1) 0.9870; More… Intraday bias in USD/CHF stays on the upside as rise from 0.9369 is in progress. Firm break of 0.9884 resistance will argue that larger up trend is ready for resumption through 1.0063. On the downside, break of 0.9691 minor support will mix up the outlook and […]
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Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…
Key Highlights EUR/USD started another decline and traded below the 1.0500 support. A major bearish trend line is forming with resistance at 1.0485 on the 4-hour chart. Bitcoin rallied further and traded close to the Read more…
GBPUSD broke support zone Likely to fall to support level 1.2465 GBPUSD currency pair recently broke the support zone located between the support level 1.2620 (former monthly low from June) and the support trendline of Read more…