The Dax 40 bounces back as falling commodity prices ease inflation fears. Sentiment remains downbeat after the index fell through May’s low at 13300. However, a break above 13400 may prompt sellers to lift their Read more…
Silver recoups some losses as the US dollar takes a breather. On the daily chart, the price has struggled to lift offers around the 30-day moving average, suggesting prevailing selling interest. A drop below 20.90 Read more…
The pound inched higher as Britain’s retail sales showed a smaller-than-expected contraction in May. The euros came under pressure at 0.8640 for lack of momentum. The bulls have sought support in the demand zone between Read more…
The maker of premium and high-end electric vehicles remains the market leader in electric vehicles but sees a threatening rival. Tesla (TSLA) – Get Tesla Inc. Report completely dominates the electric vehicle market. The figures Read more…
Photo by Amelia Holowaty Krales / The Verge Apple’s new 13-inch MacBook Pro M2 base model appears to have slower SSD speeds than its M1 predecessor. MacRumors reports that YouTubers Max Tech and Created Tech Read more…
FTSE edges lower with G7 is focus The FTSE is edging higher at the start of the week after strong gains last week. Recession fears pulled commodity prices lower last the previous week which in Read more…
EURUSD opened the week with a muted tone, consolidating its rebound off 5½-year lows marginally below the tough resistance trendline drawn from the 1.1494 high and its shorter-term simple moving averages (SMAs) around 1.0580. The Read more…
The USDJPY is trading within a narrow range in early Monday, after a pullback from new multi-year high (136.70) was repeatedly limited by Fibo 23.6% of 126.36/136.70 upleg (134.26) with another positive signal seen on Read more…
Daily Pivots: (S1) 165.06; (P) 165.68; (R1) 166.56; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, decisive break of 168.67 resistance will resume larger up trend. Next near term target Read more…
Daily Pivots: (S1) 141.80; (P) 142.28; (R1) 143.17; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the upside, decisive break of 144.23 will resume larger up trend. On the downside, below 141.39 Read more…