Cryptocurrencies
Technical Outlook and Review
DXY: On the H4, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our 1st resistance in line with the swing high resistance to our Read more…
Cryptocurrencies
NZD/JPY and AUD/JPY extending correction on risk aversion
NZD/JPY dived lower this week as risk aversion dominated the markets. It is now extending the fall from 87.33 top towards 100% projection of 87.33 to 83.28 from 84.81 at 80.76. Such decline is currently Read more…
Cryptocurrencies
Australia NAB business confidence dropped to 10 in Apr, conditions rose to 20
Australia NAB business confidence dropped from 16 to 10 in April. Business conditions rose from 15 to 20. Looking at some details, trading conditions rose from 23 to 27. Profitability conditions rose from 12 to Read more…
Cryptocurrencies
BoJ Uchida: Important to continue with powerful monetary easing
BoJ Executive Director Shinichi Uchida told the parliament today, “Japan’s economy is still in the midst of recovering from the pandemic’s impact. It is recently under pressure from rising commodity prices… It’s therefore important for the Read more…
Cryptocurrencies
NZDJPY: Bullish Sequence and Trading Strategy
In this blog, we will look at the strong rally in NZDJPY which took place this year, talk about the sequence, what it means for the pair and also what our trading strategy is going Read more…
Cryptocurrencies
Will We See Parity in EURUSD?
The covid lows have been broken, is parity next? A level not seen since 2002. Read below to find out more. Voices calling for parity between the euro and dollar are growing louder as a Read more…
Cryptocurrencies
Match Group Isn’t Dating Google Anymore
Operator of Tinder, Match and other dating apps sues Google over billing rules Dating operator Match Group (MTCH) – Get Match Group, Inc. Report has had it with Google. The company said it’s suing the main Read more…
Cryptocurrencies
Rite Aid Wants to Help Children Get Medical Care
A political storm over abortion rights in the U.S. has reignited focus on child-care in the country. At a time when the U.S. Supreme Court may alter a landmark judgment that supports the right of Read more…
Cryptocurrencies
Norwegian, Carnival and Royal Caribbean Are Almost All Back To Full-Fleet
The cruise ship industry has bounced back from the pandemic. The Norwegian Spirit on May 9 set sail from Tahiti, marking a turning point for both Norwegian Cruise Line and the cruise industry as a whole. Read more…