Daily Pivots: (S1) 141.42; (P) 142.66; (R1) 143.54; More… Intraday bias in USD/JPY remains on the downside with focus on 141.67 support. Firm break there will resume whole decline from 161.95 high, for 140.25 support Read more…
Asian markets started the week on a weak note, with sharp declines following the broader selloff in US markets after last week’s non-farm payroll report. Adding to the bearish mood was weaker-than-expected inflation data from Read more…
Spot copper prices fell notably last week after Goldman Sachs abandoned its long-standing bullish position. The ongoing decline in the metal, which has been steadily falling since May, is now facing further downside pressure, a Read more…
China’s inflation data for August showed a slight rise in consumer prices, but deflationary pressures continue to weigh on the economy. CPI increased from 0.5% yoy in July to 0.6% yoy, falling short of market Read more…
Key Highlights EUR/USD is facing hurdles near the 1.1120 and 1.1140 levels. A major contracting triangle is forming with support at 1.1060 on the 4-hour chart. GBP/USD is consolidating gains above the 1.3050 level. Oil Read more…
EURCAD reversed from pivotal support level 1.4900 Likely to rise to resistance level 1.5100 EURCAD currency pair recently reversed from the pivotal support level 1.4900 (a former monthly high from July, which stopped the previous Read more…
EURUSD reversed from support level 1.1030 Likely to rise to resistance level 1.1200 EURUSD recently reversed up from the support level 1.1030 (former resistance from August, acting as the support after it was broken by Read more…
The Standard & Poor’s 500 Index includes big companies. Only big companies. To become a component of the index, a company must have a minimum market capitalization of $18 billion. Plus, of course, the company Read more…
Nvidia (NVDA) CEO Jensen Huang runs a tight ship at his trillion-dollar tech company, and the whole process sometimes involves a little bit of pain, according to the CEO. In a recently resurfaced interview with Read more…