Month: April 2024

Daily Pivots: (S1) 153.34; (P) 153.89; (R1) 154.83; More… USD/JPY’s rally is still in progress and intraday bias stays on the upside. Current up trend should target 155.20 fibonacci projection level next. On the downside, Read more…

Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Tuesday, April 16. Full Video Transcript Below: CAROLINE WOODS: I’m Caroline Woods reporting from Read more…

Daily Pivots: (S1) 0.9101; (P) 0.9126; (R1) 0.9141; More…. Intraday bias in USD/CHF remains neutral as consolidation continues below 0.9151. But further rally is expected as long as 0.8996 support holds. Firm break of 0.9151 Read more…

Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD remains neutral at this point and more consolidations could be seen. Recovery should be limited by 1.2577 minor resistance to bring another Read more…

Daily Pivots: (S1) 1.0608; (P) 1.0636; (R1) 1.0653; More… A temporary low is in place at 1.0601 in EUR/USD with 4H MACD crossed above signal line. Intraday bias is turned neutral for consolidations first. While Read more…

Euro rises broadly today, lifted by significant improvement in economic sentiment indicators from Germany and the broader Eurozone. Despite these positive signals, current situation assessment remains subdued. While the worst may be over for Germany’s Read more…

In March, Canada’s CPI saw a slight increase, rising from 2.8% yoy to 2.9% yoy. However, when excluding gasoline, CPI actually slowed from 2.9% yoy to 2.8% yoy. A closer look at the components reveals Read more…

Tesla shares extended declines Tuesday, pulling it close to the lowest levels since last spring, following the group’s largest-ever job cuts, which have analysts and investors questioning the longer-term growth story of one of the Read more…