2+ hour, 27+ min ago  (247+ words) On the topside, resistance is now seen between $4, 600 and $4, 610. That zone includes the broken 38. 2% retracement of the rally from the March low, along with the underside of a previously broken trendline connecting the March and early May lows. As long…...

4+ hour, 32+ min ago  (252+ words) Buyers did attempt to defend the 1. 16159 low, but even that rebound ran into trouble. The latest recovery stalled against the lower end of the broken swing area at 1. 16377, turning prior support into new resistance. That price action reinforced the bearish…...

8+ hour, 27+ min ago  (532+ words) So, Trump's visit to Beijing has come to an end with it being rather uneventful to say the least. If market players were hoping for some breakthrough on trade or at least perhaps some hope that China might offer to…...

6+ hour, 53+ min ago  (274+ words) The major US stock indices are opening lower: Some of the big losers today: Cerebra which IPOed yesterday is trading at $305 down -2. 4% on the day. The IPO opened at $285 after being priced at $185. Nvidia is trading down -3. 6%. China is over…...

15+ hour, 14+ min ago  (359+ words) And that is arguably why we're starting to see markets get caught by another risk-off wave as we approach the final stretch of the week. US-Iran talks remain stalled and all China are saying is that "yes, there is no…...

11+ hour, 47+ min ago  (732+ words) Prediction Score: -4 / +10 Bias: Bearish while NQ remains below the 29320-29375 resistance cluster, with bullish repair only above 29450 Nasdaq futures are showing a bearish reversal relative to yesterday's stronger structure, and the current setup fits a possible "sell the news" environment after…...

14+ hour, 40+ min ago  (478+ words) The currency pair is now down 0. 3% on the day to 1. 1630 levels as we look to get into European trading later. While that doesn't seem like much, the significance is more so in the price action and the charts this week....

16+ hour, 4+ min ago  (305+ words) This is the findings from the latest Reuters' poll on economists, involving the BOJ and the Japanese economy: The pressure is certainly rising for Japan and Tokyo officials as the Middle East conflict drags on. The ministry of finance's intervention…...

21+ hour, 28+ min ago  (355+ words) Fed Governor Barr said lowering liquidity rules to shrink the Fed's balance sheet is misguided and would increase financial stability risks, arguing the current policy framework has served markets well. Federal Reserve Governor Michael Barr comments, delivered in New York…...

22+ hour, 25+ min ago  (249+ words) Fed's Williams says longer-term inflation expectations are stable and the labour market is not driving price pressures, but flagged energy uncertainty and supply chain stress as key risks. Summary: Remarks by New York Fed President John Williams on May 14: Federal…...