Majors
EUR/USD: SELL AT 1.0939 FOR 1.0613 INITIAL OBJECTIVE, STOP 1.1040
USD/JPY: BUY AT 119.71 FOR 121.41 INITIAL OBJECTIVE, STOP 119.08
GBP/USD: BUY AT 1.4785 FOR 1.5203; STOP AT 1.4685
USD/CHF: BUY AT .9708 FOR .9984 INITIAL OBJECTIVE, STOP .9625
AUD/USD: BUY AT .7710 FOR .7914; STOP AT .7640
USD/CAD: LONG AT 1.2640 FOR 1.2900 OBJ, STOP 1.2505
Crosses
EUR/JPY: SHORT AT 129.90 FOR 126.57; STOP AT 130.85
EUR/GBP: SELL AT .7275 FOR .7015; STOP AT .7330
EUR/CHF: POSS SELL
EUR/CAD: POSSIBLY BUY
GBP/JPY: POSSIBLY SELL
NZD/USD: BUY AT .7515 FOR REVISED .7712 OBJECTIVE; STOP AT .7445
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EUR/USD rises toward 1.0700 after Germany and EU PMI data
EUR/USD gains traction and rises toward 1.0700 in the European session on Monday. HCOB Composite PMI data from Germany and the Eurozone came in better than expected, providing a boost to the Euro. Focus shifts US PMI readings.
GBP/USD holds above 1.2350 after UK PMIs
GBP/USD clings to modest daily gains above 1.2350 in the European session on Tuesday. The data from the UK showed that the private sector continued to grow at an accelerating pace in April, helping Pound Sterling gather strength.
Gold price flirts with $2,300 amid receding safe-haven demand, reduced Fed rate cut bets
Gold price (XAU/USD) remains under heavy selling pressure for the second straight day on Tuesday and languishes near its lowest level in over two weeks, around the $2,300 mark heading into the European session.
Here’s why Ondo price hit new ATH amid bearish market outlook Premium
Ondo price shows no signs of slowing down after setting up an all-time high (ATH) at $1.05 on March 31. This development is likely to be followed by a correction and ATH but not necessarily in that order.
US S&P Global PMIs Preview: Economic expansion set to keep momentum in April
S&P Global Manufacturing PMI and Services PMI are both expected to come in at 52 in April’s flash estimate, highlighting an ongoing expansion in the private sector’s economic activity.