Month: November 2023

Daily Pivots: (S1) 1.0703; (P) 1.0730; (R1) 1.0743; More… Intraday bias in EUR/USD stays neutral at this point. Further rally is in favor as long as 55 4H EMA (now at 1.0638) holds. Decisive break Read more…

Daily Pivots: (S1) 1.2312; (P) 1.2370; (R1) 1.2402; More Intraday bias in GBP/USD remains neutral for the moment. Further rise is in favor as as long as 4H 55 EMA (now at 1.2230) holds. Decisive Read more…

Daily Pivots: (S1) 0.8967; (P) 0.8982; (R1) 0.9010; More…. Intraday bias in USD/CHF stays neutral at this point. On the downside, below 0.8952 will target a test on 0.8886 support first. Break there will resume Read more…

Daily Pivots: (S1) 149.59; (P) 149.83; (R1) 150.33; More… USD/JPY recovers further today but stays inside range of 148.79/151.69. Intraday bias remains neutral for the moment. Further rally is expected as long as 148.79 support Read more…

RBA raises rates but eases tightening bias Australian dollar slides over 1% The Australian dollar has recorded massive losses on Monday. In the European session, AUD/USD is trading at 0.6422, down 1.05%. The Aussie continues Read more…

Updated at 7:32 am EDT Uber Technologies UBER posted softer-than-expected third quarter earnings Tuesday, but hinted at solid holiday season traffic as it forecast gross bookings and profits that topped Street estimates.   Uber said revenue for the Read more…

Gold’s decline from 2009.26 continued today and the break of 1969.67 support completed a head and shoulder top pattern (ls: 1997.00, h: 2009.26, rs: 2003.90). The development suggests that it’s already in correction to the Read more…

Intel INTC shares edged higher Tuesday following reports that suggest the chipmaker has the inside track in securing a multi-billion dollar deal with the U.S. government to build a secure facility that produces military technology.  The Wall Read more…

WeWork WE, the office-sharing group backed by Japan’s SoftBank Group, filed for Chapter 11 bankruptcy protection late Monday, marking what could be the end of the line for what was once the country’s most-valuable startup.  WeWork Read more…

U.S. equity futures slipped lower Tuesday, while Treasury yields and the dollar crept higher, as investors looked to test the market’s conviction on peak interest rates ahead of a key three-day stretch for the bond Read more…