Daily Pivots: (S1) 121.82; (P) 123.078; (R1) 124.14; More… Intraday bias in USD/JPY remains neutral and further rise is still in favor with 121.17 minor support intact. On the upside, above 125.09 will target 161.8% Read more…
Daily Pivots: (S1) 0.9280; (P) 0.9327; (R1) 0.9356; More…. USD/CHF’s fall from 0.9459 resumed by taking out 0.9259 temporary low. Intraday bias is back on the downside. Further fall would be seen towards 0.9149 support Read more…
Daily Pivots: (S1) 1.3043; (P) 1.3101; (R1) 1.3152; More… Intraday bias in GBP/USD stays neutral as sideway trading from 1.2999 continues. But overall stays bearish with 1.3297 resistance intact. On the downside, break of 1.2999 Read more…
Daily Pivots: (S1) 1.0992; (P) 1.1064 (R1) 1.1159; More… Intraday bias in EUR/USD is mildly on the with focus on 1.1120 support turned resistance. Sustained break there will argue that it’s at least correcting the Read more…
Dollar is trading as the worst performing for the day, and receive no support from solid ADP private job data. The greenback is somewhat weighed down by extended retreat in benchmark US yields. On the Read more…
Consensus earnings estimates are the average expectations of professional analysts. Canva What Are Earnings Estimates? Earnings estimates are the projected profits of a company for a period. Estimates can be provided by a company’s executive Read more…
US ADP private employment grew 455k in March, slightly above expectation of 450k. By company size, small businesses added 90k jobs, medium businesses added 188k, large businesses added 177k. By sector, goods-producing jobs grew 79k Read more…
The U.S. economy added 455,000 private sector jobs last month as service-focused companies ramped-up hiring in the wake of the Covid pandemic. The U.S. economy added modestly more-than-expected private sector jobs last month, data indicated Read more…
The billionaire’s disdain for unions is well known. His new declaration will not help matters Elon Musk’s contempt for unions is common knowledge. He’s not shy about it. The unions know this and it feeds Read more…
A brief inversion of the yield curve has stocks on the defensive Wednesday, while oil prices resumed their upward march amid bets on fresh Russia sanctions on energy exports. U.S. equity futures edged lower Wednesday, Read more…