Gold (XAUUSD) reached an all-time high of $5598.75 on January 29 before undergoing a notable correction. This decline unfolded in a 3 Elliott waves zigzag structure, ultimately finding support at $4094.63. We have identified this Read more…
In focus today All focus this morning is on the ceasefire in the Middle East and the impact on energy prices. Markets will closely monitor any information released on expectations for oil and gas flows. Read more…
For more than two decades, PayPal was the default at online checkout. Shoppers saw the button, clicked it, and moved on. Merchants embedded it because customers expected it, and that reflexive habit built a fintech Read more…
Daily Pivots: (S1) 159.39; (P) 159.71; (R1) 159.94; More… USD/JPY is extending the corrective pattern from 160.45 high with another falling leg, and outlook is unchanged. Intraday bias remains neutral, and further rise is expected Read more…
Daily Pivots: (S1) 0.7962; (P) 0.7987; (R1) 0.8002; More…. USD/CHF’s fall from 0.8041 resumed by breaking through 0.7904. Immediate focus is now on 0.7877 cluster support (38.2% retracement of 0.7603 to 0.8041 at 0.7874). Decisive Read more…
Daily Pivots: (S1) 1.3236; (P) 1.3268; (R1) 1.3327; More… GBP/USD’s rebound from 1.3158 accelerated higher today and immediate focus is now on 1.3479 resistance. Decisive break there will argue that fall from 1.3867 has completed Read more…
Daily Pivots: (S1) 1.1546; (P) 1.1575; (R1) 1.1627; More…. EUR/USD’s extended rally and break of 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) now suggests that whole decline from 1.2081 high has Read more…
Dollar’s sharp slide as oil price drops below $100 on the US-Iran ceasefire is raising a critical question for FX markets: whether the unwinding of war premium is now enough to push EUR/USD back toward 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. Why we love this deal Wireless earbuds have transformed our everyday Read more…
The Reserve Bank of New Zealand held the Official Cash Rate at 2.25% as expected, but struck a clearly hawkish tone, warning it stands ready to deliver “decisive and timely increases” if inflation expectations begin Read more…