DXY: The DXY (US Dollar Index) chart currently indicates a bullish momentum, suggesting a potential bullish continuation towards the first resistance at 103.99. The first support at 103.17 is identified as a swing low support, Read more…
Oil (CL) ended cycle from 9.28.2023 high as a 5 waves impulse. Down from 9.28.2023 peak, wave 1 ended at 81.5 and rally in wave 2 ended at 90.78. The instrument then extended lower in Read more…
Key Highlights GBP/USD rallied above the 1.2420 and 1.2500 levels. It broke a key declining channel with resistance near 1.2425 on the 4-hour chart. Gold prices started a fresh increase above the $1,990 resistance. USD/JPY Read more…
The pandemic that began early in 2020 had a devastating impact on businesses worldwide. Particularly disrupted was the airline industry as travel restrictions grounded flights to a halt. Related: Las Vegas Strip brings back superstar 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. Even though Black Friday is a few days away, it’s not Read more…
Westpac Leading Index in Australia has shown a marginal decline from -0.38% to -0.40% in October, underscoring the ongoing trend of subdued economic growth. This marks the fifteenth consecutive month where the index’s growth rate Read more…
The Japanese government has revised its assessment of the nation’s economy, marking the first downgrade in ten months. This change in outlook indicates pausing in part” in Japan’s moderate recovery, primarily attributed to weakening domestic Read more…
ECB President Christine Lagarde, in her speech overnight, cautioned against premature optimism on the ongoing fight against inflation in Eurozone, stating emphatically, “this is not the time to start declaring victory”. Lagarde highlighted the complex Read more…
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A key takeaway from FOMC minutes from October 31-November 1 meeting is the consensus on proceeding with caution, as indicated by the unanimous agreement that “the Committee was in a position to proceed carefully.” The Read more…