BTCUSD regains ground in the halving aftermath But the price gets rejected at the 50-day SMA Momentum indicators are tilted to the downside BTCUSD (Bitcoin) had been in a slow but steady recovery after the completion of Read more…
.Daily Pivots: (S1) 1.0680; (P) 1.0697; (R1) 1.0716; More… EUR/USD retreated after brief breach of 1.0723 support turned resistance and intraday bias remains neutral. Break of 1.0677 support will indicate rejection by 1.0723, and turn Read more…
Daily Pivots: (S1) 0.9121; (P) 0.9138; (R1) 0.9167; More…. Intraday bias in USD/CHF is back on the upside with breach of 0.9151 resistance. Current rally from 0.8332 should target 0.9243 key resistance next. On the Read more…
Daily Pivots: (S1) 154.91; (P) 155.15; (R1) 155.58; More… Intraday bias in USD/JPY remains on the upside at this point. Sustained trading above 155.20 fibonacci level will pave the way 100% projection of 140.25 to Read more…
Real GDP expanded by 1.6% quarter-over-quarter (q/q, annualized) in the first quarter of 2024 – below the consensus forecast of 2.5%. Consumer spending expanded by 2.5% – a modest deceleration from last quarter’s 3.3% gain. Read more…
Daily Pivots: (S1) 1.2368; (P) 1.2414; (R1) 1.2495; More… Intraday bias in GBP/USD remains neutral for the moment. Near term outlook stays bearish as long as 1.2538 support turned resistance holds. Break of 1.2421 minor Read more…
Risk sentiment took a sharp downturn following the release of US Q1 GDP data, which revealed weaker-than-expected economic growth alongside an acceleration in both headline and core PCE price indexes. This combination suggests that the Read more…
Cruise lines operate each cruise as its own business more or less. The cruise operators track their costs and balance that against the value of the tickets sold, the various onboard extras people pay for, Read more…
Image: Alex Parkin / The Verge It was going to happen, and then it wasn’t going to happen, and then it happened. The United States Congress passed a bill that would either ban TikTok or Read more…
US real GDP grew at an annualized rate of 1.6% in Q1, missing expectation of 2.1%, sharply lower than Q4’s 3.4%. Compared to the fourth quarter, the deceleration in real GDP in the first quarter Read more…