Daily Pivots: (S1) 1.2084; (P) 1.2177; (R1) 1.2225; More… Intraday bias in GBP/USD stays neutral and further rally is expected as long as 1.1898 support holds. Above 1.2343 will resume the rise from 1.0351 and Read more…
Here’s everything you need to know as stocks struggle ahead of the market open. Catch the latest GameStop and Tesla news live at 9:30 a.m. ET. Watch TheStreet’s Market Open: TheStreet is live every weekday Read more…
Daily Pivots: (S1) 0.9383; (P) 0.9419; (R1) 0.9458; More… Intraday bias in USD/CHF stays neutral and outlook is unchanged. Considering bullish convergence condition in 4 hour MACD, break of 0.9545 will indicate short term bottoming Read more…
Daily Pivots: (S1) 136.20; (P) 136.81; (R1) 137.66; More… Intraday bias in USD/JPY stays mildly on the upside at this point. Rebound from 133.61 short term bottom should target 55 day EMA (now at 141.41). Read more…
Yesterday, several major CEOs gave interviews to financial media in the context of a couple of major investor conferences. Their comments left a sour note for the markets, and tech stocks led a move lower Read more…
Daily Pivots: (S1) 1.5586; (P) 1.5638; (R1) 1.5701; More… EUR/AUD’s break of 1.5704 resistance indicates resumption of whole rise from 1.4281. Intraday bias is back on the upside. Next target is 61.8% projection of 1.4281 Read more…
Euro and, to a lesser extent, Sterling, are picking up some buying today but both are stuck in range against the greenback. There is no clear unified theme in the markets. Canadian and Australian Dollar Read more…
The founder of the cryptocurrency exchange tours the media to give his version of his fall. Sam Bankman-Fried, the founder of the bankrupt cryptocurrency exchange FTX, has been on a media tour since November 30 Read more…
New Zealand Dollar is clearly overwhelming its Australia counter part recently. AUD/NZD’s decline continues on expectation of diverging central bank policy paths, even though tightening is expected to in the early part of next year. Read more…
WTI oil crude oil extends recent decline and hit the lowest level for the year. Today’s move is part of the selloff in reaction to OPEC+ decision to stick with their existing pace of production Read more…