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

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