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<p>Pivot (invalidation): 1.1140 Our preference Short positions below 1.1140 with targets at 1.1060 & 1.1020 in extension. Alternative scenario Above 1.1140 look for further upside with 1.1190 & 1.1235 as targets. Comment The RSI is bearish and calls for further downside.</p> <p>The post <a rel="nofollow" hre

<p>The Australian dollar holds in red in early Monday’s trading, with minor reaction on government’s A$130 billion job-saving package. The action remains capped by falling 20 DMA (6200) with overbought daily stochastic suggesting consolidation. On the other side, momentum continues to rise and supporting the advance, with shallow

United Kingdom Net Lending to Individuals (MoM) remains at £5.2B in February

Gold extended its sideways consolidative price action and remained confined in a four-day-old trading range through the early European session on Mond

Analysts at Nordea prefer USD over some EMs such as the THB. USD/THB is trading at 32.6800. Key quotes “Thailand has been bombed 10 years back on tour

United Kingdom M4 Money Supply (MoM) came in at 0.3% below forecasts (0.4%) in February

United Kingdom Consumer Credit below forecasts (£1.1B) in February: Actual (£0.9B)

United Kingdom Mortgage Approvals above expectations (68.206K) in February: Actual (73.546K)

Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank, discusses the risk of a global recession. Key quotes “I see a 50% chance (base case) of

<p>AUDUSD is charting indecisive moves on Monday on the four-hour timeframe as the pair seems to be preparing for some stabilization following the peak at a two-week high of 0.6199. From a technical perspective, the pair has likely pressed the overbought button and a downside correction could be reasonable in the near-term as the price [&hell