Daily Pivots: (S1) 147.58; (P) 148.19; (R1) 148.55; More… Range trading continues in USD/JPY and intraday bias remains neutral. Focus remains on 148.79 resistance. Firm break there will resume the rally from 140.25 to 151.89/93 Read more…
Daily Pivots: (S1) 1.3464; (P) 1.3506; (R1) 1.3536; More… Range trading continues in USD/CAD and intraday bias remains neutral. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive Read more…
Daily Pivots: (S1) 0.6492; (P) 0.6509; (R1) 0.6539; More… AUD/USD is extending consolidations from 0.6468 and intraday bias remains neutral. Stronger recovery cannot be ruled out, but outlook will stay bearish as long as 0.6621 Read more…
Commodity currencies are the main movers in Asian markets today, gaining broadly, albeit against a backdrop of continued weak momentum. This situation unfolds as Chinese stocks carry forward their rebound from earlier this week, showcasing Read more…
Short Term Elliott Wave view in Oil suggests that rally from 12.13.2023 low is unfolding as a double three Elliott Wave structure. Up from 12.13.2023 low, wave ((a)) ended at 76.18 and dips in wave Read more…
DXY: The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. The price could potentially make a bearish continuation towards the 1st support. The 1st support level at 103.73 is identified as Read more…
Key Highlights Bitcoin price corrected lower and tested the $41,800 support. BTC is trading above a key bullish trend line with support at $42,400 on the 4-hour chart. The price could start a strong increase Read more…
New Zealand’s employment grew 0.4% qoq in Q4, slightly above expectation of 0.3% qoq. Unemployment rate ticked up from 3.9% to 4.0%, below expectation of 4.3%. Labor force participation rate fell from 72.0% to 71.9%. 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. If you’re tired of dealing with busted zippers and ripped or Read more…
In a speech, BoC Governor Tiff Macklem underscored the importance of allowing “more time” for monetary policy to take full effect in mitigating inflationary pressures within the Canadian economy. The path to 2% target is Read more…