Wall Street points higher on Tuesday, paring yesterday’s losses after a more hawkish Fed and as oil prices steady. US futures Dow futures +0.25% at 34690 S&P futures +0.2% at 4470 Nasdaq futures +0.01% at Read more…
Ark also bulked up on biotech stocks. All the stocks Wood bought and sold have slumped over the past six months. Investment manager Cathie Wood, chief executive of Ark Investment Management, was active buying and Read more…
Daily Pivots: (S1) 156.63; (P) 157.08; (R1) 157.77; More… GBP/JPY’s firm break of 158.19 resistance confirms resumption of larger up trend from 123.94. Intraday bias stays on the upside. Next target is 61.8% projection of Read more…
Daily Pivots: (S1) 0.8346; (P) 0.8381; (R1) 0.8401; More… EUR/GBP’s break of 0.8358 minor support suggests that rebound from 0.8201 has completed at 0.8456, ahead of 0.8476 resistance. Intraday bias is back on the downside Read more…
Daily Pivots: (S1) 0.7374; (P) 0.7400; (R1) 0.7425; More… AUD/USD’s break of 0.7440 resistance indicates resumption of rebound from 0.6966. Intraday bias is back on the upside for 0.7555 resistance. Decisive break there should confirm Read more…
Daily Pivots: (S1) 119.21; (P) 119.36; (R1) 119.61; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend should target 100% projection of 109.11 to 116.34 from 114.40 at 121.63 Read more…
Daily Pivots: (S1) 0.9303; (P) 0.9328; (R1) 0.9362; More…. Intraday bias in USD/CHF remains neutral for the moment. On the downside, below 0.9293 will extend the pull back from 0.9459 to 5 day EMA (now Read more…
Daily Pivots: (S1) 1.0995; (P) 1.1032; (R1) 1.1055; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the downside, below 1.0899 minor support will turn bias back to the downside for 61.8% Read more…
Daily Pivots: (S1) 1.3127; (P) 1.3169; (R1) 1.3210; More… GBP/USD’s break of 1.3210 minor resistance confirms short term bottoming at 1.2999. Intraday bias is back on the upside for rebound to 55 day EMA (now Read more…
The selloff in Yen remains the major theme in the market today, but both Dollar and Euro are also now under some pressure. For now, New Zealand Dollar is winning the race, followed by Aussie Read more…