Daily Pivots: (S1) 0.9602; (P) 0.9636; (R1) 0.9694; More… USD/CHF’s rise from 0.9369 resumed after brief retreat and intraday bias is back on the upside. Outlook is unchanged that triangle correction from 1.0063 could have Read more…
EUR/USD: The Global Economy Is in Danger Again So, EUR/USD broke through the key support level formed in 2016. It fixed a low at 0.9899 on Tuesday, August 23, the low the pair traded 20 Read more…
Credit: Netflix The new Netflix ad-supported plan could cost half of its current standard plan. The company reportedly plans to show four minutes of ads for every one hour of content. Ads will be placed Read more…
Credit: Robert Triggs / Android Authority A veteran leaker has apparently revealed that the Snapdragon 6 Gen 1 is coming. The leaker also posted specs and features related to the new chipset. Qualcomm recently rebranded Read more…
Daily Pivots: (S1) 136.67; (P) 137.12; (R1) 137.96; More… USD/JPY’s rise resumes by breaking through 137.70 and intraday bias is back on the upside for 139.37 high. Strong resistance could be seen there to limit Read more…
Dollar rises broadly in Asian session, extending the post-Powell rally. Risk-off sentiment is a factor giving the greenback another boost. At the same time, 10-year yield is back above 3.1% in Asia, giving Dollar another Read more…
USD/JPY: On the H4 chart, price has confirmed a bullish momentum breaking the previous high. We are bullish bias- Price is moving towards the first resistance at 139.374 where the previous swing high sits. Alternatively, Read more…
Australia retail sales turnover rose 1.3% mom to AUD 34.67B in July, well above expectation of 0.3% mom. Ben Dorber, head of retail statistics at the ABS, said: “After slowing growth in recent months, the Read more…
BoJ Governor Haruhiko Kuroda said over the weekend, “somewhat miraculously, now we have 2.4% inflation. But almost wholly caused by the international commodity price hike, energy and food.” “So we expect that by the end Read more…
SNB Chairman Thomas Jordan said over the weekend, “There are signs that inflation is increasingly spreading to goods and services that are not directly affected by the pandemic or the war in Ukraine.” “In fact, Read more…