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European Open: AUD higher after RBA meeting, FTSE to crack 7100?

Matt Simpson August 3, 2021 6:02 AM

A quick glance at the forex dashboard shows short covering looks like, as a less-dovish-than-expected RBA meeting forced AUD bears to cover.

TAGS: , , , , FTSE 100, ,

Asian Open: ISM Eases, Fed Hints at Early Taper, RBA Up Next

August 2, 2021 10:49 PM

TAGS: , , , , ISM, Manufacturing, PMI, RBA,

US open: Wall Street points higher as infrastructure package advances

August 2, 2021 2:15 PM

TAGS: Crude Oil, , , , , Tech Stocks,

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask
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LOW
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Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis