Demand is robust and OPEC+ continues to have supply issues from some member countries. Will this allow oil to continue higher? CFDs on Crude Oil and Brent Crude Oil broke out above October 2021 highs Read more…
The tech heavy Nasdaq is set to lead the charge higher as Fed fears ease and ahead of Netflix earnings. Jobless claims unexpectedly rise to a 3-month high as Omicron cases surge. US futures Dow Read more…
It’s turned into a mixed session across Europe with indices giving up earlier gains initially before reversing course once more to tread water as we near the open on Wall Street. It appeared we could Read more…
Draftkings’ three-year commitment will back what it calls a State Council Funding Program to promote responsible gambling. DraftKings (DKNG) – Get DraftKings Inc Class A Report will invest more than $1.5 million over three years in Read more…
Daily Pivots: (S1) 1.1323; (P) 1.1340; (R1) 1.1361; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Rebound from 1.1185 is seen as corrective move. Break of 1.1284 will argue that larger down Read more…
Daily Pivots: (S1) 1.3585; (P) 1.3617; (R1) 1.3646; More… Sideway consolidation continues in GBP/USD and intraday bias remains neutral. While deeper fall cannot be ruled out, downside of retreat should be contained by 1.3489 support Read more…
Daily Pivots: (S1) 0.9142; (P) 0.9160; (R1) 0.9175; More…. Sideway corrective trading continues in USD/CHF and intraday bias remains neutral. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 Read more…
Daily Pivots: (S1) 114.09; (P) 114.44; (R1) 114.67; More… Intraday bias in USD/JPY stays mildly on the downside for the moment, for 113.47 support. Break there will resume the fall from 112.52 structural support. Considering Read more…
Dollar turns softer in early US session after much worse than expected jobless claims data. Euro is closely following as next weakest and then Swiss Franc. On the other hand, Australian Dollar is extending post-job Read more…
US initial jobless claims rose sharply by 55k to 286k in the week ending January 15, well above expectation of 215k. Four-week moving average of initial claims rose 20k to 231k. Continuing claims rose 84k Read more…