Daily Broad Market Recap – December 10, 2024
With not a lot of fresh catalysts on tap, traders mostly played on Monday’s themes, and the major assets either extended their moves or pulled...
Category : Forex News
EUR/GBP Mid-Day Outlook – Action Forex
Daily Pivots: (S1) 0.8267; (P) 0.8279; (R1) 0.8290; More… EUR/GBP’s down trend resumed by breaking through 0.8259 low. Intraday bias is back on the downside...
Event Guide: BOC Monetary Policy Statement (December 2024)
Markets widely expect Bank of Canada (BOC) members to cut its interest rates by another 50bps after a surprise jump in the November unemployment rate.
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GBP/USD Daily Outlook – Action Forex
Daily Pivots: (S1) 1.2704; (P) 1.2758; (R1) 1.2793; More… Intraday bias in GBP/USD is turned neutral again with current retreat. Rebound from 1.2486 short term...
USD/JPY Weekly Outlook – Action Forex
USD/JPY edged lower to 148.64 last week but turned sideway since then. Initial bias stays neutral this week first, and further fall is in favor...
EUR/USD Weekly Outlook – Action Forex
EUR/USD’s rebound from 1.0330 short term bottom extended higher last week. Initial bias is mildly on the upside this week for further rise to 55...
Global Market Weekly Recap: December 2 – 6, 2024
Investors had plenty to work with throughout the week, as financial markets reacted to geopolitical developments and priced in expectations for the highly-anticipated OPEC+ decision...
GBP/USD Mid-Day Outlook – Action Forex
Daily Pivots: (S1) 1.2712; (P) 1.2742; (R1) 1.2790; More… GBP/USD’s rebound from 1.2486 continues today and intraday bias stays on the upside for 55 D...
USD/JPY Mid-Day Outlook – Action Forex
Daily Pivots: (S1) 149.59; (P) 150.18; (R1) 150.71; More… USD/JPY dips mildly but stays in range above 148.64 and intraday bias remains neutral. On the...
EUR/USD Mid-Day Outlook – Action Forex
Daily Pivots: (S1) 1.0533; (P) 1.0562; (R1) 1.0615; More… EUR/USD breached 1.0609 resistance briefly but quickly retreated. Intraday bias remains neutral first. On the upside,...
