In focus today Today, from the US, the NFIB’s Small Business Optimism index will be released for December. Markets will focus especially on businesses’ perception of upcoming price changes and the outlook for labour markets. Read more…
Daily Pivots: (S1) 1.0922; (P) 1.0951; (R1) 1.0978; More… Intraday bias in EUR/USD stays neutral for the moment, and outlook is unchanged. On the downside break of 1.0876 will resume the fall from 1.1138 short Read more…
Daily Pivots: (S1) 1.2692; (P) 1.2729; (R1) 1.2786; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.2826. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Read more…
Daily Pivots: (S1) 0.6687; (P) 0.6711; (R1) 0.6744; More… No change in AUD/USD’s outlook as further decline is in favor with 0.6759 minor resistance intact. Fall from 0.6870 short term top would target 55 D Read more…
Today’s Asian trading session has been relatively subdued. Japan reported deeper-than-expected contraction in household spending, while Tokyo CPI core showed slowdown in line with market expectations. However, Yen’s near-term rebound seems to be losing steam Read more…
Talking Points US Crude Oil falls after Saudi Arabia cuts prices Technical Analysis Weekly Chart Technical Analysis 8-Hour Chart Crude Oil prices ended 2023 with 3 months of consecutive declines, prices fell from a peak of Read more…
DXY: The DXY (US Dollar Index) chart currently displays an overall bearish momentum which is highlighted by the bearish channel. In this context, there is a potential scenario for price to make a bearish continuation Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Anker consistently makes some of the best tech accessories for your Read more…
Key Highlights Gold prices started a fresh decline from the $2,088 resistance. A key bearish trend line is forming with resistance near $2,050 on the 4-hour chart. Crude oil prices are also struggling to rise Read more…
Australia retail sales rose 2.0% mom to AUD 36.5B in November, above expectation of 1.2% mom. That followed a fell of -0.4% mom in October. Robert Ewing, ABS head of business statistics, attributed this surge Read more…