While further rise cannot be ruled out in USD/JPY, strong resistance is still expected from there to limit upside. Break of 159.08 will turn bias back to the downside the extend the corrective pattern from Read more…
Oil futures spent much of the spring moving sideways while something very different was happening in the physical market. Inventories were disappearing. Strategic reserves were being spent. Tankers that had been at sea when the Read more…
GBP/USD recovered ahead of 1.3300 support and intraday bias stays neutral. Break of 1.3300 will target a retest on 1.3158. Firm break there will extend the whole fall from 1.3867 to 100% projection of 1.3867 Read more…
Intraday bias in USD/CHF stays on the upside at this point. Rise from 0.7760 should target a retest on 0.8041 high. For now, risk will stay on the upside as long as 0.7867 minor support Read more…
Jane King from the New York Stock Exchange breaks down the latest labor report, AI’s mixed impact on jobs, oil market risks from geopolitical events, and the surge in AI-related IPO and chip valuations — Read more…
AUD/USD’s fall from 0.7277 continues today and intraday bias remains on the downside for 100% projection of 0.7277 to 0.7076 from 0.7200 at 0.6999. Firm break there will target 161.8% projection at 0.6875. Near term Read more…
Intraday bias in USD/CAD remains on on the upside. Rise from 1.3549 should target 38.2% retracement of 1.4791 to 1.3480 at 1.3981. Decisive break there will carry larger bullish implications and target 61.8% retracement at 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. One of the things folks look forward to most when they’re Read more…
GBP/JPY’s break of 213.29 support suggests that rebound from 210.43 has completed with three waves up to 215.50. Fall from there is seen as the third leg of the pattern from 216.58. Intraday bias is Read more…
EUR/JPY’s break of 184.42 support suggests that rebound from 182.01 has completed with three waves up to 186.18. Fall from there is seen as the third leg of the pattern from 187.93. Intraday bias is Read more…