Key takeaways Yen weakness persists despite intervention risks: USD/JPY surged to a 21-month high above 160.45, brushing off verbal intervention warnings as bullish momentum remains firmly intact. Macro drivers favour further upside: Rising oil prices Read more…
Market Overview The crypto market cap has fallen by 1.09% over the past 24 hours to $2.53 trillion. This marks the third consecutive day of a gradual market decline, which appears to be a technical Read more…
The US dollar continues to trend upwards following the Federal Reserve meeting, drawing support from the regulator’s moderately hawkish stance and comments by Jerome Powell. Markets interpret the Fed’s rhetoric as a signal that restrictive Read more…
Daily Pivots: (S1) 215.64; (P) 215.97; (R1) 216.52; More… Intraday bias in GBP/JPY is back on the upside as up trend resumed. Further rise should be seen to 61.8% projection of 199.04 to 214.98 from Read more…
Daily Pivots: (S1) 186.82; (P) 187.15; (R1) 187.64; More… Range trading continues in EUR/JPY and intraday bias remains neutral. Strong support is expected from 38.2% retracement of 182.56 to 187.93 at 185.87 to bring rebound. Read more…
Winning a war is not the same as winning a peace. You can dominate a market, break sales records, and still watch your profits get hollowed out quarter after quarter, because the market you conquered 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 Your house is calling for a Read more…
Daily Pivots: (S1) 0.8655; (P) 0.8666; (R1) 0.8674; More… Intraday bias in EUR/GBP remains neutral as sideway trading continues. Further fall is expected with 0.8685 support turned resistance intact. On the downside, below 0.8652 will Read more…
Daily Pivots: (S1) 1.6327; (P) 1.6377; (R1) 1.6456; More… Intraday bias in EUR/AUD is turned neutral first with current recovery. On the downside, below 1.6286 will target 1.6126 low. Decisive break there will resume larger Read more…
Daily Pivots: (S1) 0.9228; (P) 0.9243; (R1) 0.9256; More…. EUR/CHF is still bounded in established range below 0.9264 and intraday bias remains neutral. Further rise is expected with 0.9155 support intact. On the upside, firm Read more…