EUR/AUD’s strong rebound indicates short term bottoming at 1.6078, on bullish divergence condition in 4H MACD. Intraday bias is mildly on the upside for 55 D EMA (now at 1.6289) and possibly above. On the Read more…
EUR/CHF’s rally resumed by breaking through 0.9434 and intraday bias is back on the upside. Current rise from 0.8979 should target 161.8% projection of 0.8979 to 0.9264 from 0.9094 at 0.9555 next. For now, outlook Read more…
Platinum: ⬇️ Sell – Platinum reversed from resistance zone – Likely to fall to support level 1700.00 Platinum recently reversed down from the resistance zone located between the resistance level 1900.00 (which has been reversing Read more…
Markets A perfect storm gathered above bond markets since Wednesday evening. It started with US Treasury Secretary “I am the House” Bessent. Markets called him to order after the first “increased” buyback auction ($6bn). Technical Read more…
UK GDP growth accelerated from 0.3% to 0.4% m/m in July, beating expectations for no growth. All three main sectors expanded on the month, with services up 0.4%, production up 0.2%, and construction up 0.1%. Read more…
In focus today In the US, all eyes will be on the August CPI this afternoon. This will be the last inflation indicator before the September Fed meeting. Last week Fed’s Waller (permanent voter) said Read more…
Dow Jones: ⬇️ Sell – Dow Jones broke support zone – Likely to fall to support level 51500.00 Dow Jones index recently broke through the support zone located between the key support level 52825.00 (which 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 Sheds are a fantastic way to 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 A good patio chair can work Read more…
Gold and Silver are both falling as oil-driven yields lift Fed hike expectations, but Silver is losing twice—once through the same rate pressure hitting Gold, and again through its industrial-demand exposure—a divergence the Gold/Silver ratio Read more…