Daily Pivots: (S1) 171.25; (P) 171.84; (R1) 172.87; More… Intraday bias in EUR/JPY remains on the upside for the moment. Current rally from 154.77 should target 138.2% projection of 154.77 to 164.16 from 161.06 at Read more…
Risk sentiment turned mildly negative in Asia on Monday following US President Donald Trump’s announcement of 30% tariffs on imports from the EU and Mexico, starting August 1. While US futures turned lower, equity markets Read more…
China’s exports rose 5.8% yoy in June, beating expectations of 5.0% yoy and marking a pickup from May’s 4.8% yoy. The improvement comes as exporters moved quickly to take advantage of the 90-day tariff truce Read more…
Key Highlights EUR/USD started a downside correction from the 1.1820 resistance zone. There is a declining channel forming with resistance at 1.1700 on the 4-hour chart. GBP/USD also corrected gains and traded below the 1.3550 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. Dressers are an unsung hero in the furniture world. Since it’s Read more…
New Zealand’s services sector showed mild improvement in June, with BusinessNZ Performance of Services Index rising to 47.3 from May’s 44.1. Despite the gain, the index remains well below its long-run average of 52.9 and Read more…
Over the past 12 weeks, gold has been trading within a narrow range, the boundaries of which are gradually narrowing. The 50-day moving average has once again provided support. At the same time, the main Read more…
AUDJPY: ⬆️ Buy AUDJPY broke resistance zone Likely to rise to resistance level 98.00 AUDJPY currency pair recently broke the resistance zone between the resistance level 95.30 (which has been reversing the price from March) Read more…
Gold: ⬆️ Buy Gold reversed from support zone Likely to rise to resistance levels 3400.00 and 3450.00 Gold recently reversed up from the support zone between the strong support level 3275.50 (which has been reversing Read more…
It is one of those mysteries that drive economists and politicians a little bit crazy. The Trump Administration is raising tariffs in a bid to reset world trade. Tariffs usually cause prices to rise, but, Read more…