Daily Pivots: (S1) 156.64; (P) 157.25; (R1) 158.42; More… USD/JPY is extending the consolidation pattern from 160.20 and intraday bias remains neutral. In case of another fall, downside should be contained by 38.2% retracement of Read more…
Daily Pivots: (S1) 0.9128; (P) 0.9162; (R1) 0.9231; More…. Intraday bias in USD/CHF remains on the upside for 0.9243 resistance. Decisive break there will carry larger bullish implications. Next target will be 61.8% projection of Read more…
Daily Pivots: (S1) 1.0642; (P) 1.0688; (R1) 1.0713; More… Intraday bias in EUR/USD remains mildly on the downside at this point. Recovery from 1.0601 could have completed at at 1.0752 already. Further fall would be Read more…
Daily Pivots: (S1) 1.2465; (P) 1.2517; (R1) 1.2544; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 Read more…
Dollar’s rally slowed slightly in early US session despite robust ADP job data, as traders adopt a cautious stance ahead of the highly anticipated FOMC statement and Chair Jerome Powell’s press conference. With a hawkish Read more…
CVS Health shares fell sharply in early Wednesday trading after the retail pharmacy and health-insurance giant slashed its full-year profit forecasts amid soaring medical costs and the expected impact of changes to Medicare reimbursements. CVS Read more…
Advanced Micro Devices shares fell sharply in early Wednesday trading after the chipmaker issued a muted near-term outlook for sales of its newly released AI chip, which clouded a stronger-than-expected first quarter earnings report. AMD Read more…
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of Oil published in members area of the website. The commodity shows bullish sequences in the cycle from the Read more…
US ADP private employment grew 192k in April, above expectation of 180k. By sector, goods-producing jobs rose 47k, service-providing jobs rose 145k. By establishment size, small companies added 38k jobs, medium companies added 62k, large Read more…
US nonfarm payrolls scheduled for release on Friday 12:30 GMT Another solid report could question rate cuts if Powell provides no clear guidance EURUSD at risk of plunging towards April’s low of 1.0600 April’s nonfarm Read more…