Daily Pivots: (S1) 1.1505; (P) 1.1551; (R1) 1.1584; More… EUR/USD’s break of 1.5610 support suggests that recovery from 1.1467 has completed at 1.1655. More importantly, fall from 1.1917 is still in progress. Intraday bias is Read more…
Daily Pivots: (S1) 1.3018; (P) 1.3087; (R1) 1.3129; More… GBP/USD dips further today but it stays above 1.3008 support. Intraday bias remains neutral and outlook is unchanged. Further decline is expected as long as 1.3247 Read more…
Daily Pivots: (S1) 0.8006; (P) 0.8036; (R1) 0.8087; More… Intraday bias in USD/CHF remains on the upside at this point. Rise from 0.7877 is seen as a leg in the corrective pattern from 0.7828 low. Read more…
The Federal Reserve Open Market Committee (FOMC) lowered the federal funds rate to a target range of 4.00% to 3.75% in October, despite the government shutdown leaving them with little additional official data since their Read more…
Daily Pivots: (S1) 155.85; (P) 156.52; (R1) 157.82; More… USD/JPY accelerates higher today and intraday bias stays on the upside for 158.85 key structural resistance, and then 161.8% projection of 146.58 to 153.26 from 149.37 Read more…
Investor sentiment turned decisively positive in Asian markets today, even as traders continued dialing back expectations for a December Fed rate cut following the hawkish tone in FOMC minutes released overnight. The shift in rate Read more…
Key Highlights Ethereum extended losses below $3,500 and $3,200. ETH is now trading below a key bearish trend line with resistance at $3,480 on the daily chart. Bitcoin price gained bearish momentum and tested $90,000. 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 As much as we love a Read more…
BoJ board member Junko Koeda delivered one of the clearest hawkish signals from the Bank in recent months, arguing that real interest rates remain “significantly low” and must be moved back toward “a state of 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 One of the most important determinants Read more…