The ISM Manufacturing PMI was expected to tick down from 54.8 to 54.5 points. This is the last hint before tomorrow’s all-important Non-Farm Payrolls report, which is set to seal the fate of the Fed’s June decision. The early release of the NFP means that the ISM Non-Manufacturing PMI is released only on Monday, after the [...]
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A new month begins after a relatively turbulent May. What levels should we look out for? The videos below cover 12 currency pairs and detail the technical levels of support and resistance to look out for: Lines of support and resistance for the major pairs: EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD and USD/CHF. Lines of [...]
The post Technical levels for 12 currency pairs – June 2017 appeared first on Forex Crunch.
Aussie/USD is struggling to hold onto the 0.74 level. The pair dropped to 0.7385, just above support at 0.7375. A further cushion awaits at 0.7325. Chinese data has the upper hand. The independent measure of China’s manufacturing sector now reflects a contraction in the sector. The Caixin manufacturing PMI fell from 50.3 to 49.6, more than 50.2 expected. The [...]
The post AUD/USD hit by Chinese PMIs, ignores Australian data appeared first on Forex Crunch.
