ForexLive Articles

Updated 2 min ago · 25 articles from ForexLive

ForexLive Oct 15, 5:21 PM

Bitcoin snaps back after failed downside break. Can buyers take the next step?

Bitcoin fell to a low of $79,694 today, taking the price below a key swing area between $80,106 and $81,183. That area dates back to August 20 and has been a...

ForexLive Oct 15, 4:47 PM

Atlanta Fed GDPNow holds at 3.6% for Q3 as consumer spending outlook improves

The Atlanta Fed GDPNow growth forecast for Q3 remained unchanged as 3.6% after the data dump this morning. In their own words:The GDPNow model estimate for r...

ForexLive Oct 15, 4:35 PM

USDCAD sellers make a break for it and fail. What next technically?

The USDCAD has been on a rollercoaster rid of the last few days (see chart below).  A day after testing its highest level of the year—and its highest since A...

ForexLive Oct 15, 4:07 PM

European stocks close mixed. UK leads gains as bond yields retreat

As London/European traders head home, the major European stock indices are closing with mixed results. The UK’s FTSE 100 led the gains, followed by France’s ...

ForexLive Oct 15, 4:00 PM

US weekly EIA crude oil inventories -8557K vs -288K expected

Prior was -3186Gasoline +3518K vs -800K expDistillates -2527K vs -1560K expWTI crude oil was trading at the highest levels since late September ahead of the ...

ForexLive Oct 15, 3:37 PM

Nvidia has gapped to the downside and tested a key technical target area. What next?

Just last Tuesday, Nvidia traded at an all-time high of $243.37. Since then, six of the past seven trading days have produced lower closes. Today’s low reach...

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ForexLive Oct 15, 3:33 PM

Dow Jones today is showing relative strength

Dow Jones futures are showing encouraging technical strength at a time when technology stocks are struggling. A breakout from a descending channel, a success...

ForexLive Oct 15, 2:33 PM

US stocks have continued their declines today. What next from a technical perspective?

In yesterday’s video, I looked at three major US stock indices. Each offered a different view of the market—and a different technical story:S&P 500: The broa...

ForexLive Oct 15, 2:04 PM

AUDUSD sellers take control as economic data push the pair down over 1%. What levels matter next?

Australia’s September jobs report was weaker than expected, giving the RBA more room to remain patient. For the AUDUSD, the report helped push the price lowe...

ForexLive Oct 15, 2:00 PM

US August business inventories +0.4% vs +0.4% expected

Prior was +0.8%Retail inventories ex-autos vs +0.8% priorFor background, the US business inventories report, formally the Manufacturing and Trade Inventories...

ForexLive Oct 15, 1:48 PM

The party continues until the money runs out. Four things have reversed bonds

The bond market is calling time out on the AI spending spree.For a time, no valuations were too high and no spending plans unrealistic. Now it looks like we'...

ForexLive Oct 15, 12:36 PM

US initial jobless claim 199K vs 200K estimate

Initial jobless claims: 199,000, up 1,000. Prior revised to 198,000 from 197,000.Initial claims four-week average: 198,500, up 250. Prior revised to 198,250 ...