TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It’s that time of year when shoppers are awaiting Amazon’s official Read more…
Gold retreats after unsuccessful break above 50-day SMA The price extends its structure of lower highs Momentum indicators turn bearish Gold had been in a steady recovery from its recent one-month low, which led to the price Read more…
FX intervention chatter returns, but is it enough for the ailing JPY? USD/JPY at psychological 160.00 handle. EUR/JPY prints morningstar candlestick pattern, hinting at the potential for further upside. Fundamental Overview The Japanese Yen continues Read more…
By the end of last week, the American currency traded rather mixed: The USD/JPY currency pair strengthened by more than 200 pips and almost tested the significant resistance level at 160.00. The USD/CAD pair failed Read more…
Daily Pivots: (S1) 201.51; (P) 202.11; (R1) 203.09; More… Intraday bias in GBP/JPY remains on the upside for 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way Read more…
Daily Pivots: (S1) 170.60; (P) 171.03; (R1) 171.76; More… Intraday bias in EUR/JPY is turned neutral with current retreat. Some consolidations could be seen first but further rally will remain in favor as long as Read more…
Daily Pivots: (S1) 0.8450; (P) 0.8464; (R1) 0.8476; More… EUR/GBP is still extending the consolidation pattern from 0.8396 and intraday bias stays neutral. Outlook will stay bearish as long as 0.8482 support turned resistance holds. Read more…
Daily Pivots: (S1) 1.6090; (P) 1.6125; (R1) 1.6161; More… Intraday bias in EUR/AUD stays neutral at this point. Consolidation from 1.6026 could extend further, but upside should be limited by 1.6211 support turned resistance to Read more…
Daily Pivots: (S1) 0.9553; (P) 0.9574; (R1) 0.9606; More…. Intraday bias in EUR/CHF remains neutral for the moment and outlook is unchanged. Consolidation from 0.9476 could extend with stronger recovery. But outlook will remain bearish Read more…
Markets Fuss about potential Japanese FX interventions (USD/JPY 160) and more French political scenario’s dominated headlines yesterday, but failed to inspire trading. European risk sentiment improved with key indices rising by 0.5% to 1.5%. Safe Read more…