BANGKOK (AP) — Stock markets pushed higher in Europe and Asia on Thursday on hopes that the pandemic was reaching a peak in some economies, while the price of oil rose as major crude-producing countries...
The AUDUSD edged higher yesterday but appears to be on the verge of stalling in the rebound off its March low. Significantly, the AUDUSD is nearing the end of what is arguably an ascending wedge (on the...
BANGKOK (AP) — Shares were mixed in Asia on Thursday after a 3.4% gain on Wall Street overnight as investors chose a positive focus for data about the coronavirus outbreak’s trajectory.
AUDJPY shows incomplete sequence from April 2 low, favoring more upside. This article and video looks at the Elliott Wave path.
Benchmark U.S. crude oil rose $1.46, or 6.2%, to settle at $25.09 a barrel Wednesday. Brent crude oil, the international standard, rose 97 cents, or 3%, to $32.84 a barrel.
Eurogroup meeting suspended until tomorrow after Italian/Dutch feud re: deal phrase. EURUSD option traders not worried though. Risk sentiment now recovering. Canada reports weak March Housing Starts...
Bulls still have overall technical advantage but are fading this week and price uptrend now in jeopardy.
The Treasury will auction 30-year bonds.
An uptrend will start as soon, as the pair rises above resistance level 1.0900, which will be followed by moving up to resistance level 1.0957
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TOKYO (AP) — Asian shares were mostly lower, gyrating in early Wednesday trading amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world.
EURJPY continues to face recovery threats as it closed higher on Monday and followed through higher on Tuesday.
Benchmark crude oil fell $2.45, or 9.4%, to settle at $23.63 a barrel Tuesday. Brent crude oil, the international standard, fell $1.18, or 3.6%, to $31.87 a barrel.
Crisis creates opportunity. Reason often gets tossed out the window when fear fills the minds of traders. Weve already seen this happen in a number of commodities including gasoline , natural gas ,...
Gold blew through tough resistance at $1,700 per ounce yesterday and came within less than $8 of our $1,750 target price in overnight price action. $1,742.50 is now the new swing high for the front month...
S&P futures up 10% in 24hrs, US 10yr yields up 10bp, USDCAD falls below 1.4000. Japans soft emergency declaration + confident RBA rate hold adds to risk-on. Focus turns to todays European...
The Dow Jones posted its third-biggest point gain ever on Monday.
The uptrend may be expected to continue, while pair is trading above support level 1.0903, which will be followed by reaching resistance level 1.0931 and 1.0957
NZDUSD can be unfolding a five-wave move for a higher degree wave C, down from 0.679 level.
TOKYO (AP) — Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing.