PHP
A case for Mastodon
Chris Morell has seen a bunch of pushback against Mastodon as an option, so he takes the time to address some of the issues that folks have put out there. Read more
Cryptocurrencies
Top Wall Street banks ring recession alarms as job market weakens
Wall Street’s biggest banks are boosting the odds of a near-term recession in the world’s largest economy, citing a weakening labor market and softer growth prospects that could compel the Federal Reserve to signal deeper Read more…
Cryptocurrencies
Japanese Yen (JPY) Price Action: Following Dovish BoJ Comments, What Does Price Action Tell Us?
The Bank of Japan (BoJ) released their summary of opinions, accompanied by bearish comments from BoJ policymakers. Geopolitical concerns could bolster the Yen, but the safe haven appeal might be divided among the US Dollar, Read more…
Cryptocurrencies
Dollar Index: Limited Recovery Likely to Precede Fresh Weakness as Rate Outlook Weighs
The dollar index ticked lower in European trading on Thursday, after bounce from 8-month low (101.94, posted on Monday) started to lose traction. Weak picture on daily chart (MA’s in bearish configuration / strong negative Read more…
Cryptocurrencies
Gold (XAU/USD) Recovers Amid Rate Cut Expectations
Gold (XAU/USD) prices have rebounded to 2394 USD per troy ounce, paring previous losses as the likelihood of a US Federal Reserve rate cut increases. Market sentiment is increasingly cautious amid recession fears, influencing stock Read more…
Cryptocurrencies
Stock Market Today: Stocks lower as markets fear new volatility wave
Check back for updates throughout the trading day U.S. equity futures edged lower Thursday as markets around the world continued to whipsaw amid an historic surge in volatility tied to the unwinding of leveraged trades Read more…
Cryptocurrencies
EUR/USD Outlook: Looks for Clearer Direction Signal
EUR/USD edged higher in Asia / early Europe on Thursday, hinting that pullback from Monday’s spike high (1.1009) might be over. Signals of formation of a higher base at 1.0900 zone add to positive near-term Read more…
Cryptocurrencies
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.0907; (P) 1.0922; (R1) 1.0938; More….. EUR/USD is extending the consolidation from 1.1007 and intraday bias remains neutral. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 Read more…
Cryptocurrencies
GBP/USD Daily Outlook
Daily Pivots: (S1) 1.2669; (P) 1.2703; (R1) 1.2726; More… Intraday bias in GBP/USD stays on the downside despite some loss of momentum. Fall from 1.3043 should continue to 1.2612 support. Decisive break there should confirm Read more…
Cryptocurrencies
USD/CHF Daily Outlook
Daily Pivots: (S1) 0.8530; (P) 0.8596; (R1) 0.8683; More… Intraday bias in USD/CHF remains neutral and further decline is expected with 0.8711 resistance intact. On the downside, below 0.8500 will bring retest of 0.8431 first. Read more…