Further rise could still be seen in USD/JPY, but strong resistance is expected from 61.8% retracement of 163.97 to 155.22 at 160.62 to limit upside. On the downside, below 159.39 minor support will bring deeper Read more…
Intraday bias in GBP/USD is mildly on the downside for the moment. Break of 1.3518 will extend the fall from 1.3675 short term top to 55 D EMA (now at 1.3467). Firm break there will Read more…
Intraday bias in USD/CHF remains on the upside at this point. Pullback from 0.8205 has completed as a correction at 0.7948. Further rise should be seen to retest 0.8205 first. Firm break there will extend Read more…
Intraday bias in AUD/USD remains neutral for the moment. Considering bearish divergence condition in 4H MACD, a short term top could be formed at 0.7207. Break of 0.7136 will bring deeper fall back to 38.2% Read more…
Intraday bias in USD/CAD remains mildly on the upside. Rebound from 1.3730 could extend to 38.2% retracement of 1.4247 to 1.3730 at 1.3927. But strong resistance should be seen there to limit upside. On the Read more…
Gold remains at the back foot on Monday, but bears found temporary footstep at $4400 zone (Fibo 38.2% of $3942/$4697 recovery leg / 20DMA) and consolidate after Friday’s 3.2% fall (the biggest one-day loss since Read more…
The end of the corporate earnings season leaves the S&P 500 vulnerable. Concerns about the effectiveness of investments in AI have not gone away. US stock indices reacted cautiously to Kevin Warsh’s ‘hawkish’ rhetoric, confirming Read more…
EUR/USD kicked off Monday with an attempt to stabilise around 1.1587. Federal Reserve Chair Kevin Warsh returned support to the dollar with a hawkish performance at Jackson Hole. The key test now will be Friday’s Read more…
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Monday. Stock futures were sliding and oil prices were surging after U.S. forces struck Iranian Read more…
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