Daily Pivots: (S1) 152.96; (P) 153.85; (R1) 154.59; More… Intraday bias in USD/JPY remains neutral for consolidation above 151.93. Further decline is expected as long as 155.36 support turned resistance holds. On the downside, decisive Read more…
Daily Pivots: (S1) 0.6528; (P) 0.6548; (R1) 0.6568; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.6513 temporary low. Further decline is expected as long as 55 4H EMA (now at 0.6623) holds. Read more…
Markets Core bonds finished higher last Friday. US Treasury yields were unable to build on Thursday’s Q2 GDP intraday rebound. The release of some economic data including personal income & spending and June PCE deflators Read more…
There is a sense of hope in the market this Monday morning after Friday’s PCE data boosted the expectation that the Federal Reserve (Fed) is getting very close to signaling its first rate cut in Read more…
Daily Pivots: (S1) 1.3814; (P) 1.3831; (R1) 1.3856; More… Intraday bias in USD/CAD remains neutral for consolidations below 1.3848 temporary top. Further rally is expected as long as 55 4H EMA (now at 1.3762) holds. Read more…
Trading in the forex markets has been notably subdued during the Asian session today, even as major Asian stock indexes showed strong rebounds. This muted activity in currency trading is not surprising given that it’s Read more…
Ray J, a familiar face in the entertainment industry, has launched a new streaming service called Tronix. He joined TheStreet to discuss his journey as an entrepreneur, his advice to creators and how his network Read more…
Bitcoin saw a modest rise at the beginning of this week, yet it remains below 70k mark, lacking the momentum to push past this psychological barrier. The cryptocurrency community had high hopes for Republican presidential Read more…
Key Highlights EUR/USD found support near the 1.0825 zone. It cleared a connecting bearish trend line with resistance at 1.0860 on the 4-hour chart. Crude oil prices could continue to move down toward $75.00. Bitcoin Read more…
Gold came close to closing lower for the second week in a row, falling to $2372 per troy ounce on Friday morning, $111 below its high on July 17th. This decline occurred in two impulses, Read more…