Daily Pivots: (S1) 1.0549; (P) 1.0612; (R1) 1.0695; More… EUR/USD’s rise is still in progress and intraday bias remains on the upside. Current rally from 0.9534 should target 61.8% projection of 0.9729 to 1.0481 from Read more…
Daily Pivots: (S1) 1.2262; (P) 1.2353; (R1) 1.2457; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside. Current rise from 1.0351 is targeting 1.2759 medium term fibonacci level next. However, Read more…
Daily Pivots: (S1) 134.18; (P) 136.08; (R1) 137.48; More… Outlook is USD/JPY remains unchanged and intraday bias is mildly on the downside for retesting 133.61 support and then 133.07 medium term fibonacci level. On the Read more…
Stocks are holding steady heading into the final hours of trading prior to the Fed’s December rate decision at 2:00 pm Eastern time. Updated at 10:19 am EST U.S. stocks extended gains Wednesday, while the Read more…
Daily Pivots: (S1) 0.9220; (P) 0.9297; (R1) 0.9363; More… USD/CHF’s decline from 1.0146 is in progress and intraday bias stays on the downside. Next target is 61.8% projection of 1.0146 to 0.9355 from 0.9545 at Read more…
Dollar stays generally weak today but selling pressure is so far limited. Markets are looking forward to FOMC’s rate hike as well as new economic projections. Yen is currently the strongest one for the day, Read more…
Canada manufacturing sales rose 2.8% mom to CAD 72.6B in October, above expectation of 1.9% mom. Sales increased in 12 of 21 industries, led by the petroleum and coal (+12.7%), food (+2.9%), chemical (+4.9%) and Read more…
Federal Reserve expected to hike by 50 bp All eyes are on the Federal Reserve, which winds up its policy meeting later today. Policy makers are expected to raise rates by 50 basis points at Read more…
Credit: Disney Disney Plus is a pretty obvious streaming choice for anyone with kids. There are shows and movies for all ages, including titles from Disney, Pixar, Marvel, Lucasfilm, National Geographic, and more. With so Read more…
Owners of VW’s electric ID cars all over the world have reported problems with infotainment screens. The German automaker’s ID family of electric cars are plagued with buggy software, causing customer headaches and leading to Read more…