Created on October 06, 2026 The New Zealand dollar continues to see a lot of negative pressure, as we are looking at a massive amount of interest rate differential, and sits on a massive support level. NZD/USD The New Zealand dollar has fallen rather significantly over the last couple of weeks, and we find it…
Image used for representational purposes only. | Photo Credit: Reuters The rupee declined 4 paise to 96.39 against the U.S. dollar in early trade on Tuesday (October 6, 2026) over a rise in crude oil prices and sustained FII outflows. However, positive sentiment in domestic equity markets and a weaker dollar index cushioned the local…
Gold ticked higher on Monday, enjoying slight support from fading expectations for Fed rate hike in October, though attempts to recover Friday’s post-NFP losses were so far limited. The price remains on the lower side of near-term consolidation range above new multi-week low (contained by Fibo 76.4% of $3942/$4697), with limited upticks holding below trendline…
EURUSD: ⬇️ Sell – EURUSD broke daily down channel – Likely to fall to support level 1.1100 EURUSD currency pair recently broke the support trendline of the daily down channel from April, after the earlier downward reversal from the resistance level 1.1345 (former strong support from the end of June, which stopped wave 4 at…
Petrobras shares surged to their highest level in more than a decade, but the sharp rally now faces political and valuation risks. Written by: Skerdian Meta • Monday, October 5, 2026 • 2 min read • Last updated: Monday, October 5, 2026 Add an article to your Reading List Register now to be able to…
The dollar index DXY, which measures the greenback against a basket of major currencies, was last up 0.31% at $102.25 and remains up 4% for the year to date. Dollar weekly moves and key drivers: Over the past week, the index added 1.22%, as traders scaled back expectations for an imminent Federal Reserve rate hike following…
GBPJPY: ⬆️ Buy – GBPJPY reversed from long-term support level 207.25 – Likely to rise to resistance level 210.00 GBPJPY currency pair recently reversed up from the support zone between the long-term support level 207.25 (which stopped wave (2) in the middle of February and wave 1 in the middle of September) and the lower…
US ISM Services PMI eased from 55.4 to 54.9 in September, slightly below consensus of 55.3 but still signaling a solid expansion in the services sector. The moderation was led by softer activity and demand, with the Business Activity Index falling from 61.7 to 56.5 and New Orders easing from 60.9 to 59.8. Both nevertheless…
Intraday bias in EUR/GBP remains on the downside for the moment. Firm break of 0.8453 support will target 61.8% projection of 0.8728 to 0.8453 from 0.8611 at 0.8441. Firm break there will target 100% projection at 0.8336. On the upside, above 0.8504 minor resistance will turn intraday bias neutral first. In the bigger picture, rise…
The biggest was OKX and Intercontinental Exchange, the company that owns the New York Stock Exchange, filing notice with the SEC to launch.. Written by: Sophia Cruz • Monday, October 5, 2026 • 2 min read • Last updated: Monday, October 5, 2026 Add an article to your Reading List Register now to be able…