Fundamental review Recent data signals a resilient US labor market: Weekly jobless claims dropped by 10,000 to 201,000 — the lowest level since February. The latest JOLTS report shows job openings hitting a six-month high, Read more…
GBPCAD, Weekly In the Weekly timeframe, GBPCAD has formed an ascending channel pattern. However, the price has fallen to the lower trendline, and the lower Bollinger line is being tested, indicating oversold conditions. The Chaikin Read more…
USDJPY takes a pause after reaching a six-month high. Resistance at 158.63, Support between 156.33-157.30. USDJPY has been steadily climbing over the past few days, hitting a six-month high of 158.54 on Wednesday. However, it Read more…
Cable fell to 14-month low on Thursday morning, as steep bear-leg off 1.2575 lower top extends into third straight day. Strengthening dollar, crisis about Britain’s fiscal outlook and uncertainty over Trump’s tariff plan, were the Read more…
Daily Pivots: (S1) 1.2292; (P) 1.2393; (R1) 1.2465; More… GBP/USD’s fall from 1.3433 continues today and breached 1.2256 fibonacci level. There is no clear sign of bottoming yet and intraday bias stays on the downside. Read more…
Daily Pivots: (S1) 1.0276; (P) 1.0317; (R1) 1.0361; More… EUR/USD is still bounded in range trading above 1.0223 and intraday bias stays neutral. Outlook also stays bearish with 1.0457 resistance intact. Firm break of 1.0223 Read more…
Daily Pivots: (S1) 0.9082; (P) 0.9106; (R1) 0.9134; More… USD/CHF is still bounded in range below 0.9136 and intraday bias stays neutral. More consolidations could be seen below 0.9136 resistance. But further rally is expected 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. Few accessories are more valuable than an “everyday” watch. Most people Read more…
Daily Pivots: (S1) 157.99; (P) 158.27; (R1) 158.64; More… No change in USD/JPY’s outlook and intraday bias stays mildly on the upside. Rise from 139.57 is still in progress for 61.8% projection of 139.57 to Read more…
Daily Pivots: (S1) 0.6189; (P) 0.6215; (R1) 0.6243; More… AUD/USD breached 0.6178 but stays above 0.6169 key support. Intraday bias remains neutral first. Further decline is expected as long as 0.6301 resistance holds. Firm break Read more…