Daily Pivots: (S1) 1.0752; (P) 1.0764; (R1) 1.0781;
EUR/CHF is staying in sideway trading and intraday bias remains neutral at this point. With 1.0721 support intact, further rise remains in favor. On the upside, break of 1.0877 will resume the rebound from 1.0602 and target 1.0915 high. On the down
Photo: Finance Magnates
CJC Markets, a New Zealand-based forex and contract for differences broker, has appointed Yasir Mubarak as it’s head of global institutional sales.
Based in Jordon, Mubarak is a well-known forex commentator in the Arab world and is a veteran in the industry with experience
Overall, GBP/USD is ranging across. Recently, GBP/USD broke the support zone of 1.32200. GBP/USD’s next support zone is at 1.30000 and the next resistance zone is at 1.32200. Look for selling opportunities if GBP/USD .
Australia's service sector returned to contraction zone in August amid lockdown measures reimposed in Victoria following a surge in new Covid-19 infections, final survey data from IHS Markit showed Thursday.
The Commonwealth Bank final services Purchasing Managers' index fell to 49.0 from 58.2 in Ju
The bird was under pressure overnight, but bulls are back in town in Asia.
The US dollar is back under pressure ahead of the NFP.
NZD/USD is currently trading at 0.6707 between a session range of between 0.6688 and 0.6711 as the US dollar gives back more gains as markets get set for the US jobs num
The Singapore stock market on Tuesday snapped the three-day losing streak in which it had plummeted almost 100 points or 4 percent. The Straits Times Index now rests just above the 2,515-point plateau and it may add to its winnings on Wednesday.
The global forecast for the Asian markets is upbeat on
GBP/JPY extends pullback from 137.75 to refresh the intraday high.
Signals of further stimulus from the UK beat welcome Tokyo CPI data.
The risk-on sentiment, Brexit optimism add strength to the recovery moves.
GBP/JPY refreshes intraday high to 138.80, up 0.19% on a day, amid the Asian session on
The upcoming FOMC meeting aims at preparing the market for changes in the monetary policy in September. At the meeting this week, the Fed will keep its policy measures unchanged at this week’s meeting, i.e., the Fed funds rate will stay at 0-0.25%, while asset purchases (QE) will be kept at a monthl
GBP/USD has been benefiting from upbeat UK retail sales but US-China spat is taking their toll.
The Brexit impasse, rising US coronavirus cases, and further international tensions may bring it down.
Friday's four-hour chart is painting a favorable picture for bulls.
Put your mask on – that is the m
Photo: (Photo: Bloomberg)
Three tech giants – Google, Facebook, and Twitter – are looking at a $600 million class-action lawsuit as multiple Australian crypto entrepreneurs are taking them to court for banning crypto-related advertisements in 2018.
As reported by the Daily Mail Australia on Sunday
Gold has rallied to fresh nine-year highs above $1,865.
The metal looks to have carved out a rising wedge pattern on the daily chart.
Gold is flashing green for the fourth straight day. At press time, the yellow metal is trading at $1,862 per ounce, representing a 1.10% gain on the day. Prices gai
NIFTY 50 Technical analysis Elliott Wave and Trading Levels Nifty Technical Analysis Elliott Wave : Impulse wave v) of 3 to 11,000 Trading Levels: 11,000 Minor Level Nifty Trading Strategy: Three long positions to 11,000 take percentage profit
The Bank of Japan minutes of the June interest rate meeting have been released.
A few members said that the BoJ's role was to provide liquidity and that it was important to cooperate with the government while clarifying their respective roles, as Reuters reports:
BoJ June meeting minutes
The dollar rallied to a two-day high in narrow trade-weighted terms, with the DXY index pegging a high at 96.32, extending the rebound from yesterday's five-week low at 95.78. The rotation higher in the U.S. currency has been driven by a bout of risk aversion in global stock markets, which raised sa