USD/CAD’s corrective fall from 1.4247 extended lower and intraday bias stays mildly on the downside. Strong support should be seen from 1.3965 cluster support (38.2% retracement of 1.3480 to 1.4247 at 1.3954) to bring rebound. Read more…
Focus remains on 212.26 support in GBP/JPY. Strong rebound from there will keep the up trend from 184.35 intact. In this case, some more consolidations would be seen below 219.56 first, and upside breakout should Read more…
Outlook is unchanged in EUR/JPY. Fall from 187.42 is seen as the third leg of the corrective pattern from 187.93. Deeper decline could be seen to 180.78 support. But downside should be contained there to Read more…
Intraday bias in EUR/GBP is turned neutral with current retreat. While another rise cannot be ruled out, strong resistance should be seen from 0.8610 support turned resistance to limit upside. On the downside, break of Read more…
Intraday bias in EUR/AUD is turned neutral first with current retreat. Outlook is unchanged that pullback from 1.6617 has completed as a correction at 1.6250. Above 1.6492 will bring retest of 1.6617 first. Firm break Read more…
Intraday bias in EUR/CHF is turned neutral with current retreat. Some consolidations would be seen below 0.9348 first. But further rally is expected as long as 0.9265 resistance turned support holds. Above 0.9348 will resume Read more…
Eurozone inflation remained elevated in July, with headline CPI holding at 2.9% year-over-year, matching expectations and edging up from 2.8% in June. The bigger surprise came from core inflation, which accelerated to 2.5% from 2.4%, 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. Why we love this deal Some shoes may go out of Read more…
Wall Street just lived through one of its wildest 48 hours of the year. On Wednesday, the Fed held rates steady at 3.50%-3.75%, but three FOMC members broke ranks to demand a hike—an unusually hawkish Read more…
Dow Jones Futures (YM) is pulling back to correct the cycle from the 45,430 low in wave 2. The Elliott Wave structure suggests that the index remains vulnerable to further downside in the near term, Read more…