Meta Platforms (META) – Get Free Report shares slumped lower in pre-market trading after the social media giant cautioned that near-term ad spending could be affected by global macro conditions, while detailing 2024 spending plans that Read more…
USDJPY is establishing above psychological 150 barrier after registering a first daily close above this level in one year on Tuesday. Fresh rise of the dollar on growing signals that interest rates would remain elevated Read more…
U.S. equity futures extended declines Thursday, following on from the worst day for tech stocks since February, as another move higher in Treasury bond yields, as well as the threat of a ground assault on Read more…
Market picture The crypto market is holding its total capitalisation above $1.27 trillion despite a frightening sell-off in equities overnight. Bitcoin and other major altcoins are once again attempting to play the role of safe Read more…
WTI futures bounce off the lower end of the Ichimoku cloud But their rebound is being held down by the 50-day SMA Momentum indicators got rejected before entering bullish territories WTI oil futures (December delivery) had been in Read more…
EURUSD switches back to losses after touching resistance Technical signals weaken but bears not in control yet EURUSD was harshly pressured after touching its 50-day exponential moving average (EMA), erasing almost all the gains it Read more…
ECB expected to pause at today’s meeting The euro continues to lose ground and has fallen over 1% since Monday. In the European session, EUR/USD is trading at 1.0545, down 0.19%. Will the ECB take Read more…
GBPUSD fell to the lowest in three weeks in early Thursday, pressured by renewed risk aversion on growing concerns that interest rates would stay high for longer period. Bear-leg off 1.2288 (Oct 24 lower top) Read more…
Daily Pivots: (S1) 181.53; (P) 182.05; (R1) 182.46; More… Intraday bias in GBP/JPY stays neutral at this point. With 181.00 support intact, further rise is in favor. The favored case is still that correction from Read more…
Daily Pivots: (S1) 158.46; (P) 158.70; (R1) 158.99; More…. Intraday bias in EUR/JPY remains neutral for the moment. Further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up Read more…