A close near current levels would shift the near-term technical bias in favor of the bears, with the next support level to watch coming in around $1870… “All we are saying is give peace a Read more…
Markets High-level talks in Turkey between Ukraine and Russia finally seem to slowly moving in the direction of agreeing on a cease-fire. The FT reported on it first and it was later confirmed by Ukrainian Read more…
US Conference Board Consumer Confidence index rose from 105.7 to 107.2 in February, below expectation of 107.9. Present Situation Index rose from 143.0 to 153.0. Expectations Index, however, dropped from 80.8 to 76.6. “Consumer confidence Read more…
The Japan 225 index (Cash) has recorded a two-month peak of 28,549, resuscitating the uptrend from the 24,502 low, after breaching the recent 28,371 high. The soaring 50-period simple moving average (SMA) is endorsing the Read more…
Stocks are set to rally and oil drops amid growing optimism surrounding the latest Russia, Ukraine peace talks. US futures Dow futures +0.63% at 35183 S&P futures +0.66% at 4607 Nasdaq futures +0.8% at 15125 Read more…
It’s been a dramatic afternoon, as EUR/USD has rocketed in the North American session, gaining 1.16%. The pair is currently trading just above the 1.11 level. Euro flies as peace talks show progress The euro Read more…
Meme stock favorites GameStop and AMC Entertainment were briefly halted from trading on the NYSE Tuesday as shares snapped one of the longest rallies on record for the video game retailer. Updated at 10:43 am Read more…
Daily Pivots: (S1) 0.8341; (P) 0.8371; (R1) 0.8419; More… EUR/GBP’s rise from 0.8201 resumed by breaking through 0.8456 and intraday bias is back on the upside. Sustained break of 0.8476 resistance will indicate medium term Read more…
Daily Pivots: (S1) 1.4567; (P) 1.4632; (R1) 1.4729; More… EUR/AUD’s break of 1.4804 mnor minor argues that fall from 1.5327 is completed at 1.4533 already. Intraday bias is back on the upside for 1.5327 resistance. Read more…
Gold dives sharply on some progress in the negotiation between Russia and Ukraine. It’s report that Ukrainian negotiators proposed a status under which it would not join alliances or host bases of foreign troops. Russia Read more…