USDJPY caught between key support and resistance as directional bias narrows
USDJPY has been under pressure since yesterday but found buyers near the 144.40–144.52 zone—a key support area that held during the most recent tumble (see renumbered circles from 2024). A…
Read More »Pres. Trump will announce tariffs on autos, aluminum and pharmaceuticals in near future
Pres. Trump is saying that: Will announce tariffs on autos, aluminum, and pharmaceuticals in the near future Tariffs will keep US taxes low. Meanwhle, commerce Sec. US Commerce Secretary Lutnick…
Read More »Stocks continue to slump. NASDAQ now down 1.09% and below 50-week MA
The S&P 500 and NASDAQ are both down nearly 1% on the day, hitting new session lows. The NASDAQ has dropped -196.47 points (-1.09%) to 17,872, The S&P 500 is…
Read More »A technical view of the major currency pairs going into the new trading week
EURUSD: USDJPY: GBPUSD: USDCHF: USDCAD: AUDUSD: NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.
Read More »Australia company profits pretax Q3 1.6% versus -1.7% previously
Prior quarter company profits pretax -1.7% Company profits pretax +1.6% Gross company profits -4.6% vs 0.7% estimate. Prior quarter -6.8% v -5.3% previously reported This article was written by Greg…
Read More »Fed: U.S. government fiscal sustainability tops the list of financial system risks
The Fed’s twice yearly Financial Stability Report highlights: U.S. government fiscal sustainability tops the list of financial system risks cited in the Fed survey of market contacts for the semi-annual…
Read More »A technical look at each of the major currency pairs heading into the new trading week
EURUSD USDJPY: GBPUSD: USDCHF: USDCAD: AUDUSD and NZDUSD This article was written by Greg Michalowski at www.forexlive.com.
Read More »US initial jobless claims 242K versus 225K estimate
Prior week initial jobless claims 229 K Initial jobless claims 242K vs 220K estimate. Highest since August 2023 4-week moving average of initial jobless claims 227.00 versus 222.5K Prior week…
Read More »Final February Australian retail sales 0.3% versus 0.3% estimate
Preliminary 0.3% Final retail sales unchanged at 0.3% This article was written by Greg Michalowski at www.forexlive.com.
Read More »What are the technical saying for the major currency pairs going into the new trading week
EURUSD: USDJPY: USDCHF: USDCAD: AUDUSD: NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.
Read More »