Stock futures slump as Fed hike stokes recession fears; Tesla unveils U.S. model price hikes as costs surge; Revlon files for Chapter 11 bankruptcy protection; Twitter shares jump ahead of town hall meeting with Elon Read more…
SNB Chairman Thomas Jordan said in the post-meeting pressing conference, “the new inflation forecast shows that further increases in the policy rate may be necessary in the foreseeable future.” “In the current environment, price increases Read more…
Daily Pivots: (S1) 1.0352; (P) 1.0415; (R1) 1.0449; More…. EUR/CHF’s steep decline and strong break of 1.0216 support suggests that corrective rebound from 0.9970 has completed already, after second rejection by 1.0505 support turned resistance. Read more…
Daily Pivots: (S1) 162.05; (P) 162.61; (R1) 163.48; More… Intraday bias in GBP/JPY remains on the downside as fall from 168.67 is in progress. Sustained break of 55 day EMA (now at 161.66) will bring Read more…
Daily Pivots: (S1) 139.07; (P) 140.28; (R1) 141.02; More…. EUR/JPY’s fall from 144.23 resumes today and intraday bias is back on the downside for 55 day EMA (now at 137.11). On the upside, above 141.48 Read more…
Daily Pivots: (S1) 0.8525; (P) 0.8623; (R1) 0.8680; More… Intraday bias in EUR/GBP is turned neutral with current recovery. Further rise is expected as long as 0.8484 support holds. Break of 0.8720 and sustained trading Read more…
Daily Pivots: (S1) 1.4799; (P) 1.4995; (R1) 1.5110; More… Intraday bias in EUR/AUD is turned neutral with current retreat. On the downside, break of 1.4759 support will suggest that rebound from 1.4318 has completed. Intraday Read more…
The Brokerage of millennials and Gen Z suffers from disaffection with cryptocurrencies and meme stocks. The ongoing crash of cryptocurrencies and mainly Bitcoin has led observers to identify the collateral victims of this debacle. There Read more…
Daily Pivots: (S1) 1.2838; (P) 1.2917; (R1) 1.2971; More… Intraday bias in USD/CAD is turned neutral first. Further rise will remain mildly on favor as long as 1.2516 support holds. Above 1.2995 will target 1.3075 Read more…
Daily Pivots: (S1) 0.6901; (P) 0.6963; (R1) 0.7064; More… Intraday bias in AUD/USD is turned neutral first with current recovery. Risk will stay on the downside as long as 0.7282 resistance holds. On the downside, Read more…