Daily Pivots: (S1) 0.7759; (P) 0.7800; (R1) 0.7824; More…. USD/CHF is still bounded in range above 0.7774 and intraday bias stays neutral at this point. Upside of recovery should be limited below 0.7933 resistance to Read more…
Daily Pivots: (S1) 1.1746; (P) 1.1768; (R1) 1.1809; More…. Intraday bias in EUR/USD remains neutral as consolidations continue below 1.1848. Further rally is in favor as long as 1.1662 support holds. On the upside, sustained Read more…
Markets Oil prices jumped and stocks fell yesterday. It was renewed risk off following the reopening and then closure by Iran again of the Strait of Hormuz and the seizure of an Irian-flagged vessel by Read more…
The week started on a sour note as tensions in the Middle East flared up again over the weekend, and uncertainty remains over what will happen when the two-week ceasefire agreement comes to an end Read more…
In focus today In Germany, the ZEW indicator for April will be released. The assessment of the current conditions rose last month, while expectations took a historically large hit. As the oil price has declined 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 Headphones are something a lot of Read more…
Daily Pivots: (S1) 1.3492; (P) 1.3519; (R1) 1.3562; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further rise is in favor as long as 1.3379 support holds. Sustained break of 61.8% retracement Read more…
The US markets are holding near record highs, not because conviction in de-escalation is strong, but because traders are unwilling to fade the possibility of last-minute progress or extension in US–Iran negotiations. The price action Read more…
Layoffs continue to loom large across the U.S., spreading through nearly every sector of the economy. From major technology companies like Meta Platforms and Disney announcing thousands of job cuts to store closures and bankruptcy Read more…
NZD/JPY surged as New Zealand inflation data reinforced expectations for a Reserve Bank of New Zealand rate hike later in the year, with markets responding to persistent price pressures despite soft demand signals. The technical Read more…