“We’re seeing no evidence of a pullback in consumer spending,” said CFO Vasant Prabhu. Visa Inc (V) – Get Visa Inc. Report shares edged lower Wednesday after the credit card issuer posted stronger-than-expected third quarter earnings Read more…
Stock futures higher as fed decision looms; Powell comments in focus as markets look for new rate signals; Microsoft leaps as bullish outlook offsets Q4 earnings miss; Google powers higher as earnings defy ad market Read more…
NZDUSD has been in a extended downtrend since March when it peaked at the 0.7032 region. Although the price has managed to regain some lost ground after its downfall ceased at the 26-month low of 0.6069, Read more…
Gold is holding steady ahead of the FOMC rate decision. Such a lull is often the prologue to a good move. Gold has been moving in a broad sideways loop of $1680-$2070 after solid gains Read more…
Spot gold is holding within a tight range ahead of week’s key event – Fed rate decision that is expected to influence metal’s near-term outlook. The US Federal Reserve is widely expected to raise interest Read more…
Daily Pivots: (S1) 163.82; (P) 164.40; (R1) 165.31; More… Intraday bias in GBP/JPY remains neutral first. Corrective pattern from 168.67 could still extend further. Below 162.98 minor support will target 160.37. Nevertheless, break of 166.23 Read more…
Daily Pivots: (S1) 137.85; (P) 138.84; (R1) 139.55; More…. Intraday bias in EUR/JPY remains mildly on the downside for the moment. Fall from 142.31 is seen as a falling leg inside the corrective pattern from Read more…
Daily Pivots: (S1) 0.8379; (P) 0.8436; (R1) 0.8466; More… Intraday bias in EUR/GBP stays on the downside. Break of 0.8401 support will resume the whole decline from 0.8720. This will also affirm the case of Read more…
Daily Pivots: (S1) 1.4522; (P) 1.4620; (R1) 1.4683; More… Intraday bias in EUR/AUD stays on the downside at this point. Fall from 1.5396 should target a test on 1.4318 low next. Decisive break there will Read more…
Daily Pivots: (S1) 0.9699; (P) 0.9783; (R1) 0.9826; More…. Intraday bias in EUR/CHF is back on the downside as down trend resumes. Next target is 0.9650 long term projection level. On the upside, break of Read more…