EUR/USD The single European currency managed to overcome and stay above the important resistance at 1.1126. The expectations for today’s session are rather positive – for a move towards the next level of resistance at Read more…
WTI crude rallies as the EIA shows a larger-than-expected fall in inventories. The price saw solid support in the demand area between the psychological level of 100.00 and the 30-day moving average (103.00). A bullish Read more…
The Canadian dollar inched higher on expectations of aggressive tightening by the Bank of Canada. The US counterpart has given up all its gains from earlier this year. In turn, this indicates a lack of Read more…
The US dollar weakened after the Q4 GDP failed to impress. The euro gained momentum after it broke above 1.1130 which sits next to the 30-day moving average. 1.1230 at the origin of the March Read more…
Despite the prevailing optimism, we think it will take weeks, probably months, before any peace deal between Russia and Ukraine can be achieved. The devil is in the details and many details remain open. The Read more…
Real Money Columnist Stephen ‘Sarge’ Guilfoyle says latest financial results show positive trends that have yet to be rewarded by the market. Software stocks have taken a beating lately. One especially stands out to Real Read more…
Inflation in Spain came at a spitting distance to the 10% mark, and inflation in Germany shot up to 7.3% in March, compared to 6.3% expected by analysts and 5.15 printed a month earlier. Not Read more…
Daily Pivots: (S1) 1.1104; (P) 1.1137 (R1) 1.1192; More… Intraday bias in EUR/USD remains on the upside at this point. Rise from 1.0805 is at least corrective the decline from 1.2265. Further rise would be Read more…
Daily Pivots: (S1) 1.3085; (P) 1.3134; (R1) 1.3185; More… Intraday bias in GBP?USD remains neutral as consolidation from 1.2999 is extending. Outlook remains bearish with 1.3297 resistance intact, and further decline is expected. On the Read more…
Daily Pivots: (S1) 0.9195; (P) 0.9258; (R1) 0.9295; More…. Intraday bias in USD/CHF remains mildly on the downside. Current fall from 0.9459 would target 0.9149 support next. Firm break there will turn near term outlook Read more…