Key Highlights NZD/USD gained bullish momentum above the 0.6750 resistance. A key bullish trend line is forming with support near 0.6740 on the 4-hours chart. EUR/USD is still well below 1.1400, and GBP/USD is stable Read more…
Silver is simultaneously overpowering the 200-day simple moving average (SMA) at 24.22 and the adjacent upper Bollinger band around 24.44 trying to reel in the overhead high of 24.69 and the 25.20-25.39 ceiling of the Read more…
Precious metals continue to shine amid heightened geopolitical risks concerning Ukraine, a struggling global stock market and soaring inflation. Inflation is also helping to keep real bond yields in the negative territory, making the non-interest-bearing Read more…
GBP/USD, stuck within a tight range of 1.36412-1.34921 since 10 February, is ripe for a breakout. The 200-pip question is in what direction. A lot will depend on how the outlook on monetary policy on Read more…
The European Union CPI for January was confirmed at 5.1% vs a December reading of 5%. This was a record high since the Euro Area was created. Remember that the ECB targets 2% inflation. However, Read more…
EURGBP reversed from support area Likely to rise to resistance level 0.8400 EURGBP currency pair recently reversed up from the support area located between the key support level 0.8310 (which has been reversing the pair Read more…
Chip maker is looking beyond 5G and telecom to this key sector for growth. Chip makers have been big news since the pandemic created shortages last year. The future may bring even more interest and Read more…
In the cruise industry, bigger usually means better and Royal Caribbean has gone big with its latest move. Cruise ships used to be more about the destination than the actual ship. Genteel people boarded to Read more…
Jim Cramer says investors are worried about the crisis in Ukraine and the struggles against inflation here at home. They should expect more market uncertainty. Investors are fighting a war on two fronts, Jim Cramer Read more…