As the chart of the US Dollar Index (DXY) shows, today the value is sitting near an important resistance level around 100.20 points. We highlighted this level earlier — including in our analytical post from Read more…
GBP/USD is attempting a recovery wave from 1.3035. USD/CAD is showing positive signs and might aim for more gains above 1.4130. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a recovery 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 Comfy clothes are always a must. Read more…
The big question after Friday’s stock-market rally was how stocks might open on Monday. The short answer seems to be: Higher. Does that mean the selling frenzy that hit stocks this past week is over? Read more…
Markets Dip buyers emerged on stock markets as key indices tested crucial support levels (combination of October lows & 100d moving average; both for the likes of EuroStoxx50 and S&P 500/Nasdaq). We must add that Read more…
The week opens on a cautious note after last week’s Nvidia earnings didn’t really go according to plan. Swelling inventories and deferred payments raised concerns about the strength of Nvidia’s revenue and added to worries Read more…
In focus this week Today in Germany, we receive the Ifo indicator for November. The PMI released on Friday surprised on the downside, although this mainly seems like an “adjustment” from very high numbers in Read more…
Daily Pivots: (S1) 1.1485; (P) 1.1519; (R1) 1.1547; More… Intraday bias in EUR/USD remains mildly on the downside for 1.1467. Firm break there will resume the whole decline from 1.1917 high. Next targets are 1.1390, Read more…
Daily Pivots: (S1) 155.90; (P) 156.72; (R1) 157.24; More… USD/JPY is staying in consolidations below 157.88 and intraday bias remains neutral. Downside of retreat should be contained by 154.47 resistance turned support to bring rebound. Read more…
Daily Pivots: (S1) 1.3055; (P) 1.3083; (R1) 1.3126; More… GBP/USD is still extending sideway trading above 1.3008 and intraday bias remains neutral. With 1.3247 support turned resistance intact, further decline is expected. Break of 1.3008 Read more…