DXY: On the H4 timeframe, prices are on bullish momentum and have reached an all time high. We would expect potentially a dip from our 1st resistance at 97.319 in line with 200% Fibonacci projection Read more…
China Caixin PMI Manufacturing dropped from 50.9 to 49.1 in January. That’s the worst reading in 23 months. Also, the index slumped into negative territory for the fourth time since February 2020. Wang Zhe, Senior Read more…
Japan industrial production dropped -1.0% mom in December, worse than expectation of -0.8% mom. Manufacturers surveyed by the Ministry of Economy, Trade and Industry (METI) expected output to grow 5.2% in January and 2.2% in Read more…
Atlanta Fed President Raphael Bostic said in an FT interview that “every option is on the table” for every FOMC meeting. “If the data say that things have evolved in a way that a 50 Read more…
Key Highlights EUR/USD started a major decline from well above 1.1350. A major bearish trend line is forming with resistance near 1.1200 on the 4-hours chart. GBP/USD could extend decline if there is a break Read more…
USDCAD is another instrument that has given us trading opportunity lately . Break of August 20th high made bullish sequence from the June 1st low. The price structure is suggesting further rally within that cycle. Read more…
As the data was compiled ahead of the FOMC meeting its likely there are some distortions in this week’s speculative positioning report. Euro futures: Net-long exposure to euro futures rose to a 23-week high as Read more…
Crazy Horse 3, a Gentleman’s Club, accepts the ‘king of cryptocurrencies’, a first, a few minutes from the famous Las Vegas Strip. Las Vegas has a reputation for being a city of craziness. The latest Read more…
Illustration by Alex Castro / The Verge Apple will now let developers distribute unlisted apps through the App Store that only users with a direct link can access (via MacRumors). While unlisted apps aren’t discoverable Read more…