Futures on the S&P500 are rising early Monday after a correction last week. Markets are gearing up for a week of important events, from releasing the US Treasury’s borrowing plans to the FOMC’s comments on Read more…
Daily Pivots: (S1) 149.26; (P) 149.84; (R1) 150.22; More… Intraday bias in USD/JPY stays neutral at this point. On the downside, below 149.30 minor support will turn bias to the downside for deeper pull back. Read more…
General Motors (GM) – Get Free Report shares jumped higher Monday following reports that the carmaker has reached a tentative labor agreement with the United Autoworkers’ Union, ending the last of the Big 3 strikes. Reuters Read more…
Daily Pivots: (S1) 0.8991; (P) 0.9014; (R1) 0.9048; More….+ USD/CHF’s rebounded from 0.8886 is still in progress and intraday bias stays on the upside. Sustained break of 0.9086 resistance will pave the way back to Read more…
Daily Pivots: (S1) 1.2098; (P) 1.2130; (R1) 1.2155; More Range trading continues in GBP/USD and intraday bias stays neutral. Outlook also remains bearish with 1.2336 resistance intact. On the downside, firm break of 1.2036 will Read more…
Daily Pivots: (S1) 1.0534; (P) 1.0566; (R1) 1.0596; More… EUR/USD rebounded notably today but stays below 1.0693 resistance at this point. Intraday bias remains neutral first. On the downside, break of 1.0522 support will turn Read more…
Yen, Swiss Franc, and Dollar are weakening in early US session, with a discernible shift in European market sentiment that suggests a mild recovery. Major European stock indexes have inched upwards, and US futures market Read more…
More than six weeks after the United Auto Workers union began its historic set of rolling strikes against the Detroit Three — Stellantis (STLA) – Get Free Report, Ford (F) – Get Free Report and General Read more…
Meta Platforms (META) – Get Free Report will begin offering subscription-based, ad-free versions of its Facebook and Instagram social-media platforms to European users, following pressure from bloc regulators. Meta said on Monday that users in the Read more…
Last Friday, 27 Oct price actions of the USD/JPY led to the formation of a weekly bearish reversal “Shooting Star” candlestick right at a key resistance zone of 150.30/150.90. Medium-term momentum has turned lacklustre as Read more…