EUR/USD has evolved into a short-term uptrend phase as it traded back above its 20-day and 50-day moving averages in the past two days. Yesterday’s swift upmove of +89 pips ex-post ECB increases the risk Read more…
USDCHF consolidates its 2024 uptrend Short-term bias weakens, but a rebound is still possible USDCHF topped twice around February’s high of 0.8884 and the 200-day exponential moving average (EMA), increasing fears that the 2024 upleg 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. Since its debut in 2017, Samsung’s The Frame has revolutionized what Read more…
Several ECB policymakers vocalized today their anticipation of impending rate cuts, pinpointing spring—likely June—as the probable period for the first reduction. Governing Council member Francois Villeroy de Galhau, in an interview with BFM Business television, Read more…
WTI futures jump above the 200-day SMA But fail to conquer the 50.0% Fibonacci level Oscillators suggest intensifying positive momentum WTI oil futures (April delivery) have been staging a comeback after finding their feet at the Read more…
AUD/USD is gaining pace and recently cleared 0.6600. NZD/USD is also rising and could extend its increase above the 0.6200 resistance zone. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar is moving Read more…
In focus today In the US, we get the February jobs report today. We see downside risks to the non-farm payrolls and expect employment growth of +180k and see average wages to have risen 0.2% Read more…
Markets The ECB left its policy rates and the APP run-down unchanged. In the quarterly forecasts, ECB staff downwardly revised 2024 growth and inflation. Growth this year is expected at 0.6% (vs 0.8% in December), Read more…
Daily Pivots: (S1) 188.48; (P) 189.36; (R1) 190.49; More….. GBP/JPY recovered after dipping to 188.22 and intraday bias is turned neutral first. On the downside, below 188.22 will resume the decline from 191.29 to 38.2% Read more…
Daily Pivots: (S1) 160.82; (P) 161.82; (R1) 163.07; More… EUR/JPY recovered after dipping to 160.54 and intraday bias is turned neutral first. On the downside, below 160.54 will resume the fall from 163.70 to 38.2% Read more…