GBP/USD Technical: Bounce off Key Confluence Level Post PMI, Further Gains in Store?
GBP/USD saw a bounce despite weak UK PMI data, attributed to US Dollar weakness. The […]
Eurozone PMI Temporarily Helps the Euro but Is Unlikely to Change the Trend
On Thursday, S&P Global released flash estimates for the October PMIs across major regions. The […]
WTI Crude Oil Meets Downtrend Line Again
WTI crude oil surpasses 20- and 50-day SMAs Technical oscillators are mixed WTI crude oil […]
GBPJPY at 3-Month High
GBPJPY marks new higher high; remains restricted Resistance near 198.50; support seen around 196.00 GBPJPY […]
EUR/USD Outlook: Overall Negative PMI Data and Dovish ECB to Weigh on Current Recovery Attempts
EURUSD edges higher on Thursday morning as oversold daily studies prompted partial profit taking. Recovery […]
Has Bitcoin Completed a Correction?
Market Picture The cryptocurrency market has been rising since the start of the day on […]
DAX 40 Loses Upward Momentum
Today, Germany’s PMI data was released, according to Forex Factory: → German Flash Manufacturing PMI: […]
UK PMI composite hits 11-month low as business confidence wavers
UK business activity weakened in October, with both the manufacturing and services sectors showing signs […]
AUD/USD Outlook: Bears Take a Breather
AUDUSD edges higher on Thursday morning after bears repeatedly failed to clear 200DMA support (0.6627). […]
US initial jobless claims falls to 227k vs exp 245k
US initial jobless claims fell -15k to 227k in the week ending October 19, well […]