USD/CHF’s late rally and break of 0.9341 resistance argues that choppy rise from 0.8925 might be ready to resume. Initial bias is mildly on the upside this week for 0.9372 resistance first. Break will target Read more…
AUD/USD edged higher to 0.7440 last week but retreated since then. Initial bias remains neutral this week for more consolidations. But still, further rally will remain in favor as long as 0.7093 support holds. As Read more…
USD/CAD edged higher to 1.2899 last week but dropped sharply since then. Near term outlook is mixed and initial bias is neutral first. On the upside, break of 1.2899 will target 1.2963 resistance first. Break Read more…
GBP/JPY recovered after dipping to 150.95, but upside is held well below 155.20 resistance. Initial bias remains neutral this week and further fall is expected. On the downside, break of 150.95 will resume the fall Read more…
EUR/JPY rebounded strongly after edging lower to 124.37. But as a temporary top was formed at 129.01, initial bias is neutral this week first. On the upside, sustained trading above 55 day EMA (now at Read more…
Kansas City Chiefs quarterback Patrick Mahomes would’ve scored big time if he had invested in bitcoin during the boom times, a report said. Last November, Odell Beckham Jr. stirred up the news media when the Read more…
Burger King wants to catch up to McDonald’s, and it may have to make some hard choices. The pandemic caused a lot of fast-food chains to drop menu items in the name of simplification. Yum Read more…
Here are the companies most at risk and most likely to benefit as Putin’s cyberattacks continue to rise. Vladimir Putin’s invasion of Ukraine has prompted a litany of moves by NATO and the West to Read more…
Should you buy a house now? It the market too high? Will it only go higher? In the 24 years we have lived together, my wife and I have purchased a New York City-area co-op, Read more…
James ‘Rev Shark’ Deporre says emotions are driving the big moves but there’s a silver lining. Wall Street is familiar with the “yo-yo” effect, when the stock market rises and falls significantly in a short Read more…