EUR/GBP retreated after rising to 0.8624 last week and a short term top could be formed ahead of 0.8643 resistance. Some consolidations could be seen now, with risk of deeper pullback. But downside should be Read more…
EUR/AUD retreated sharply after initial surge to 1.7180, but downside is held above 1.6474 support so far. Further rise is still expected. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance Read more…
EUR/CHF rebounded strongly after initial dive to 0.9209 last week. But upside is limited by 0.9476 support turned resistance so far. Near term outlook remains bearish for now. On the downside, break of 0.9354 minor Read more…
The global financial markets started last week in a state of panic, driven by a sharp selloff in stock markets, with Japan’s Nikkei index experiencing particularly heavy losses. However, as the week progressed, this initial Read more…
Monday, Aug 12, 2024 Tuesday, Aug 13, 2024 Wednesday, Aug 14, 2024 Thursday, Aug 15, 2024 Friday, Aug 16, 2024 The post Summary 8/12 – 8/16 appeared first on Action Forex.
US equities rebounded from a selloff earlier in the week, ending slightly higher. However, caution remains due to upcoming economic data releases. The Japanese Yen is heading for its first losing week in six, impacted Read more…
U.S. Highlights Inflation and the labor market are cooling off, but the economy has not yet hit a wall. Despite what markets may be fearing. The ISM services survey showed broad based improvements in July, Read more…
Summary United States: A Wild Week in a Data Desert It was a very quiet week on the U.S. economic data front, but financial markets were anything but calm. Last week’s run of weak U.S. Read more…
Last week’s July jobs report led some economists and investors to worry that recession is on its way. The numbers included an increase of 114,000 in non-farm payrolls during July, down from 179,000 in June 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. Home organization is one of those skills that everyone wishes they Read more…