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Month: May 2024

Cryptocurrencies

EUR/JPY Weekly Outlook

EUR/JPY retreated after rising further to 169.38 last week but then recovered. Initial bias remains neutral this week first, and further rise is expected. Break of 169.38 will resume the rally from 164.01, as the Read more…

By , 2 years ago May 18, 2024
Cryptocurrencies

EUR/GBP Weekly Outlook

EUR/GBP’s fall last week argues that rebound from 0.8529 has completed at 0.8619 already. Initial bias remain the downside this week for 0.8529 support first. Decisive break there will that larger down trend is ready Read more…

By , 2 years ago May 18, 2024
Cryptocurrencies

EUR/AUD Weekly Outlook

EUR/AUD stayed in sideway trading above 1.6216 last week and outlook is unchanged. Initial bias remains neutral this week first and further decline is expected. Break of 1.6216 will resume the fall from 1.6742, as Read more…

By , 2 years ago May 18, 2024
Cryptocurrencies

EUR/CHF Weekly Outlook

EUR/CHF’s rally from 0.9252 resumed by breaking through 0.9847 resistance last week. Initial bias stays on the upside this week for 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Decisive break there could Read more…

By , 2 years ago May 18, 2024
Cryptocurrencies

Cybertrucks can’t touch this posh Bentley’s off-road skills

In the car world, the term “pavement princess” refers to an SUV, pickup truck or any other 4×4 off-road vehicle that spends the majority of its life on paved roads. You have probably seen them Read more…

By , 2 years ago May 18, 2024
Cryptocurrencies

Summary 5/20 – 5/24

Monday, May 20, 2024 Tuesday, May 21, 2024 Wednesday, May 22, 2024 Thursday, May 23, 2024 Friday, May 24, 2024 The post Summary 5/20 – 5/24 appeared first on Action Forex.

By , 2 years ago May 18, 2024
Cryptocurrencies

The Weekly Bottom Line: Inflation Breaks Its Heat Streak

U.S. Highlights After three consecutive months of hotter-than-expected inflation, consumer prices in the U.S. finally broke the heat streak in April, with headline and core inflation decelerating. Retail sales also lost momentum in April, with Read more…

By , 2 years ago May 18, 2024
Cryptocurrencies

Weekly Economic & Financial Commentary: Fed Rate Cuts Back on the Table?

Summary United States: Let’s Wait and See There was no shortage of economic data this week, but little did much to change the macro landscape. The April inflation data were a step in the right Read more…

By , 2 years ago May 18, 2024
Cryptocurrencies

Dow surges to first close above 40,000

It took literally all of Friday’s trading session, but the Dow Jones Industrial Average hit its first close above 40,000.  The blue-chip average finished at 40,000.59, up 132 points, or 0.34% right at the 4 Read more…

By , 2 years ago May 17, 2024
Cryptocurrencies

Comcast to launch streaming bundle — here’s what’s included

TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Friday, May 17. Related: Comcast makes desperate move to gain back fleeing customers Read more…

By , 2 years ago May 17, 2024

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