Gold (XAUUSD) cyclc from 12.28.2023 high is in progress as a double three Elliott Wave structure. Down from 12.28.2023 high, wave W ended at 2001.6 and rally in wave X ended at 2065.6. The metal Read more…
DXY: The DXY chart currently indicates a bearish momentum, suggesting a potential continuation of the downward trend. The 1st support level is situated at 104.52, identified as a pullback support. This level corresponds to the Read more…
Employment: +0.5k (from –62.7k). Unemployment Rate: 4.1% (from 3.9%). Participation Rate: 66.8% (unchanged). January is the most seasonal time of the year for the labour market, and this year was no exception. As we had Read more…
Key Highlights Bitcoin price extended its rally above $50,000 and $51,000. BTC is trading above a key bullish trend line with support at $49,650 on the 4-hour chart. Ethereum also rallied above the $2,650 and Read more…
Japan’s economy has entered a technical recession as GDP unexpectedly contracted by -0.1% qoq in Q4, much worse than expectation of 0.3% qoq growth. That also marked a continuation from -0.8% contraction seen in Q3. Read more…
Australia’s job market showed further signs of cooling in January, as the latest employment data reveals a modest increase of just 0.5k jobs, significantly below expectation of 20.7k growth. Looking at the details, full-time employment Read more…
In today’s Senate Estimates appearance, RBA Governor Michele Bullock underscored the “persistent” nature of inflationary pressures within the Australian economy. She pointed out the crucial distinction between demand growth rates and overall demand levels, emphasizing Read more…
In a speech overnight, Fed Vice Chair Michael Barr noted that the FOMC is “confident” that US is “on a path to 2% inflation”. However, Barr underscored the importance of seeing “continued good data” before Read more…
Lyft CEO David Risher has finally addressed a typo on the company’s recent earnings report that caused the shares of the company to increase by 62% shortly after it was released. On Feb.13, the ride-share 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. All appliances require maintenance at some point or another, and your Read more…