Brent oil regained traction on Tuesday and probed again above round-figure 108 level. Fresh strength partially offsets signals of developing offers from long upper shadow on Monday’s candle (although Doji) and pushed price to the Read more…
The rally in Brent is driving up Treasury yields and strengthening the US dollar. The longer Saudi Arabia’s export difficulties persist, the higher oil prices will rise. The US dollar came close to recording its 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 Smaller items can be some of Read more…
Intraday bias in EUR/USD’s rebound on the upside at this point. Rebound from 1.1323 could have completed with three waves up to 1.1710. Deeper fall should be seen to 61.8% retracement of 1.1323 to 1.1710 Read more…
The break of 154.79 minor resistance suggests short term bottoming at 152.87. Intraday bias is back on the upside. Sustained break of 55 4H EMA (now at 155.30) will target 38.2% retracement of 163.97 to Read more…
Intraday bias in GBP/USD is back on the downside with break of 1.3473 support. Fall from 1.3675 is resuming, and sustained trading below of 55 D EMA (now at 1.3484) will indicate that whole rebound Read more…
Intraday bias in USD/CHF remains on the upside at this point. Decisive break of 0.8205/13 resistance zone will carry larger bullish implications. Further rise will now remain mildly in favor as long as 0.8066 support Read more…
AUD/USD’s fall from 0.7237 is still in progress an intraday bias remains on the downside for 38.2% retracement of 0.6864 to 0.7237 at 0.7095. Firm break there will target 61.8% retracement at 0.7006. On the Read more…
Intraday bias in USD/CAD remains neutral for the moment. With 1.3938 resistance intact, further decline is expected. Break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low. However, firm break of 1.3938 Read more…
Intraday bias in GBP/JPY stays neutral at this point. On the upside, firm break of 209.01 minor resistance should indicate short term bottoming, on bullish divergence condition in 4H MACD. That would bring stronger rebound Read more…