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News
South Korea Manufacturing PMI Climbs To 55.3 In February - Markit
The manufacturing sector in South Korea continued to expand in February, and at a faster pace, the latest survey from Markit Economics revealed on Tu ...more
Australia Has A$14.523 Billion Current Account Surplus
Australia posted a current account surplus of A$14.523 billion in the fourth quarter of 2020, the Australian Bureau of Statistics said on Tuesday.
T ...more
Australia Building Approvals Plummet In January
The total number of building permits issued in Australia in January tumbled by a seasonally adjusted 19.4 percent on month, the Australian Bureau of ...more
*Taiwan Manufacturing PMI 60.4 In February - Markit
Taiwan Manufacturing PMI 60.4 In February - Markit
The material has been provided by InstaForex Company - www.instaforex.com ...more
*South Korea Manufacturing PMI 55.3 In February - Markit
South Korea Manufacturing PMI 55.3 In February - Markit
The material has been provided by InstaForex Company - www.instaforex.com ...more
*Australia Current Account Surplus A$14.523 Billion In Q4
Australia Current Account Surplus A$14.523 Billion In Q4
The material has been provided by InstaForex Company - www.instaforex.com ...more
Forecasts
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2029; (P) 1.2106; (R1) 1.2151; More… Intraday bias in EUR/USD remains on the downside for 1.2022 support. Break there will ...more
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3869; (P) 1.3947; (R1) 1.4007; More…. GBP/USD is staying in consolidation from 1.4240 and intraday bias remains neutral fir ...more
USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.9042; (P) 0.9072; (R1) 0.9117; More…. USD/CHF’s rally accelerates to as high as 0.9143 so far today, and intraday bia ...more
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 106.04; (P) 106.36; (R1) 106.88; More.. USD/JPY’s rally from 102.58 is still in progress and intraday bias stays on the upsid ...more
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.2632; (P) 1.2687; (R1) 1.2787; More…. USD/CAD’s rebound from 1.2466 could extend higher. But still, overall outlook w ...more
AUD/USD Daily Report
Daily Pivots: (S1) 0.7636; (P) 0.7760; (R1) 0.7828; More… Intraday bias in AUD/USD is mildly on the downside as correction from 0.8006 could ext ...more
Technical Analysis
European shares end the day with mixed results
Some of the major indices are higher and a few are lower
The major European indices are ending the day mixed
In the European debt market, the ben ...more
USDJPY works it's way into swing area
The 108.36 to 108.47 is a swing area ahead of the high from last week
The USDJPY has moved into a swing area defined by highs on September 18, Septemb ...more
The EURUSD is lower but supported below
The 1.1000 level is still key
The EURUSD is lower but has seen up and down price action. The pair is off the low for the day at 1.1012 (currently trad ...more
US stocks are open with modest declines
Down on the day but off pre-market low levels too
The US major indices are open and the major indices are trading down marginally. The snapshot is sho ...more
GBPUSD takes back about 38.2% of the move up last week
Him him Tested the 200 day MA last week.
The GBPUSD has taken back nearly 38.2% of the sharp move higher on Brexit hopes. That hope ...more
Aussie falls further as risk assets see added pressure on the day
AUD/USD drops to a session low of 0.6764
ForexLive
Notably, price is falling towards a test of the key hourly moving averages near 0.6748-59 now as se ...more