Markets No surprises today. The near-empty eco calendar and (near) blackout periods for central banks delivered the feared-for dull trading day. Not the slightest diversion to trigger some directional action. The only release worth mentioning Read more…
US futures Dow futures +0.4% at 33730 S&P futures +0.5% at 3955 Nasdaq futures +0.5% at 11559 In Europe FTSE -0.07% at 7579 Dax -0.02% at 14237 Jobless claims rise as expected US stocks are Read more…
As we kick off Thursday trading, here’s why we’re eyeing renewed recession talk and Tesla and GameStop stocks. Catch us live at 9:30 a.m. ET. Watch TheStreet’s Market Open: TheStreet is live every weekday at Read more…
Daily Pivots: (S1) 1.0449; (P) 1.0500; (R1) 1.0556; More… Intraday bias in EUR/USD stays neutral as range trading continues. Considering bearish divergence condition in 4 hour MACD, break of 1.0427 minor support will indicate short Read more…
Daily Pivots: (S1) 1.2133; (P) 1.2184; (R1) 1.2261; More… No change in GBP/USD’s outlook as range trading continues. Intraday bias stays neutral. Further rise remains mildly in favor as long as 1.1898 support holds. On Read more…
Daily Pivots: (S1) 0.9369; (P) 0.9403; (R1) 0.9443; More… Intraday bias in USD/CHF stays neutral as range trading is still in progress. Considering bullish convergence condition in 4 hour MACD, break of 0.9545 will indicate Read more…
Daily Pivots: (S1) 135.93; (P) 136.89; (R1) 137.57; More… Intraday bias in USD/JPY is turned neutral with 4 hour MACD crossed below signal line. On the downside, break of 135.95 minor support will indicate rejection Read more…
Doubts over the solvency of the “Amazon of used cars’ have grown enormously. Carvana undoubtedly is facing the biggest crisis in its 10 years of existence. For several weeks now the online car dealership has Read more…
Daily Pivots: (S1) 0.6682; (P) 0.6712; (R1) 0.6755; More… AUD/USD recovers ahead of 0.6641 resistance but stays below 0.6850 resistance. Intraday bias remains neutral first. Again, considering bearish divergence condition in 4 hour MACD, break Read more…
Australia Dollar leads commodity currencies higher, in otherwise still very quiet markets today. Prospect of further easing of restrictions is probably giving some industrial metals and oil prices a lift. But the positive sentiment is Read more…