In this technical blog, we will look at the past performance of the Daily Elliott Wave Charts of GBPUSD. In which, the rally from 13 January 2025 low is unfolded as impulse sequence & showed Read more…
Brent crude oil fell to 60.00 USD per barrel on Tuesday, marking its lowest price since early 2021. The sell-off was driven by two primary factors: renewed speculation about progress in Russia-Ukraine peace talks and Read more…
Today the EUR/NZD rate touched the 2.4000 level — the highest reading since late November — but then saw a fairly sharp pullback. Fundamentally, the heightened volatility is driven by a combination of factors. The 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 Struggling to find a good holiday Read more…
UK PMI surveys delivered a more constructive signal in December, pointing to firmer momentum at year-end. PMI Manufacturing jumped from 50.2 to 51.2, a 15-month high, while PMI Services rose from 51.3 to 52.1. PMI Read more…
Daily Pivots: (S1) 206.97; (P) 207.78; (R1) 208.47; More… Intraday bias in GBP/JPY remains neutral for consolidations below 208.92. Further rally is expected as long as 205.17 support holds. On the upside, break of 208.92 Read more…
Daily Pivots: (S1) 181.84; (P) 182.44; (R1) 183.03; More… Intraday bias in EUR/JPY remains neutral for consolidations below 183.14. Further rally remains in favor as long as 180.07 support holds. But considering bearish divergence condition Read more…
Daily Pivots: (S1) 0.8774; (P) 0.8781; (R1) 0.8794; More… Intraday bias in EUR/GBP remains neutral and further decline is in mildly in favor with 0.8800 resistance intact. Below 0.8720 will target 0.8631 cluster (38.2% retracement Read more…
Daily Pivots: (S1) 1.7657; (P) 1.7682; (R1) 1.7726; More… Immediate focus is on 55 D EMA (now at 1.7726) as rebound from 1.7477 extends. Sustained break there would argue that fall from 1.8160 has completed, Read more…
Eurozone PMI data for December pointed to a clear loss of momentum heading into year-end. PMI Manufacturing slipped from 49.6 to 49.2, an eight-month low. PMI Services also eased from 53.6 to 52.6, dragging PMI Read more…