US goods exports fell -1.7% mom to USD 170.8B in October. Goods imports was flat 0.0% mom at 260.7B. Goods trade deficit widened from USD -86.8B to USD -89.8B, larger than expectation of USD -86.7B. Read more…
Daily Pivots: (S1) 1.0950; (P) 1.0980; (R1) 1.1024; More… Intraday bias in EUR/USD stays on the upside with 1.0933 minor support intact. Current rise from 1.0447 should target 1.1274 resistance next. But strong resistance should Read more…
Daily Pivots: (S1) 1.2631; (P) 1.2673; (R1) 1.2739; More… Intraday bias in GBP/USD remains on the upside at this point. Sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 will pave the way Read more…
Daily Pivots: (S1) 0.8756; (P) 0.8787; (R1) 0.8813; More…. Intraday bias in USD/CHF stays on the downside and outlook is unchanged. Firm break of 100% projection of 0.9243 to 0.8886 from 0.9111 at 0.8754 will Read more…
Daily Pivots: (S1) 146.92; (P) 147.87; (R1) 148.43; More… Intraday bias in USD/JPY is turned neutral with breach of 147.70 minor resistance. Some consolidations could be seen, but risk will stay on the downside as Read more…
Charlie Munger, who died just a month shy of his 100th birthday this week, leaves one of the most investment revered legacies in the history of Wall Street. The nonagenarian billionaire and candy addict, who Read more…
Shaped four consecutive weeks of positive higher closes since 27 Oct 2023 low of 32,310. Potential start of a major uptrend phase with next major resistance at 39,515. Watch 35,175 key short-term support to maintain Read more…
USDJPY bounces from new ten-week low on Wednesday, as bears faced headwinds on probe through the base of daily cloud (147.38) and from 100DMA (146.97). Fresh jump was sparked by dovish comments from BoJ policymaker, Read more…
Eurozone Economic Sentiment Indicator ticked up from 93.5 to 938 in November. Employment Expectations Indication fell from 102.8 to 102.1 Economic Uncertainty Indicator fell from 22.7 to 22.4. Eurozone industry confidence fell from -9.2 to Read more…
Robert De Niro, appearing onstage at the 2023 Gotham Awards in New York. | Photo by Dimitrios Kambouris/Getty Images for The Gotham Film & Media Institute Robert De Niro slammed Apple and the Gotham Film Read more…