Retail sales rose by 0.7% month-on-month (m/m) in October, coming in slightly lower than Statistics Canada’s advance estimate of the +0.8% m/m reading. September’s print was revised slightly lower to +0.6% m/m from +0.7% m/m, Read more…
Less than 15 years ago, big-name performers were avoiding the Las Vegas Strip. They might have stopped for a date or two on a tour, as they would in any other city, but the idea Read more…
ETHUSD forms structure of lower highs and lower lows But the latest rebound advances above previous high Momentum indicators suggest strengthening positive bias ETHUSD (Ethereum) had experienced a strong rally since late October, which propelled the Read more…
Cathie Wood’s Ark Invest Wednesday bought 111,387 Tesla (TSLA) – Get Free Report shares, valued at roughly $27.5 million. The purchase was spread across Ark’s Next Generation Internet ETF (ARKW) – Get Free Report in addition to its flagship Read more…
Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… EUR/USD rebounds notably today but stays below 1.1008/1016 resistance zone. Intraday bias remains neutral first. Another retreat cannot be ruled out. But further rally is expected Read more…
Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… GBP/USD recovers today but stays in consolidation from 1.2793. Intraday bias remains neutral for the moment. While sideway trading could extend, further rally is still expected Read more…
Daily Pivots: (S1) 0.8599; (P) 0.8625; (R1) 0.8654; More…. Intraday bias in USD/CHF stays on the downside for 0.8551 support. Strong support could be seen there to bring rebound. Break of 0.8650 minor resistance will Read more…
Santa Claus has a pretty foolproof system for deciding who gets gifts, albeit an invasive one. He sees you when you’re sleeping, he knows when you’re awake, he knows when you’ve been bad or good, Read more…
Daily Pivots: (S1) 143.18; (P) 143.64; (R1) 144.02; More… USD/JPY’s fall from 144.94 extends lower today but it’s staying above 140.94 support so far. Intraday bias remains neutral and more range trading could still be Read more…
As US session gets underway, Dollar is declining broadly, influenced by a series of lackluster economic reports. US GDP growth for Q3 was revised downward to annualized rate of 4.9% in the final estimate. Additionally, Read more…