Apple’s iPhone 14 series announcement came full of surprises. With so many odd Apple terms thrown around, we can understand how things can get a bit confusing. One feature you might not fully understand is Read more…
Tesla’s visionary CEO has pushed the auto industry to speed the development of electric vehicles. Elon Musk undoubtedly has helped change the face of the automobile industry. In less than 20 years, Tesla (TSLA) – Read more…
US inflation turned out to be wider and hotter than expected, confirming markets for another 75-point rate hike next week. Published data showed a 0.1% increase in prices for August, against expectations of a decline Read more…
The dollar rallied across the board in immediate reaction to hotter than expected US inflation in August, which signal that price pressures are not easing at expected pace, implying that the US central bank will Read more…
Markets US headline inflation in August rose 0.1% m/m, defying (commodity driven) expectations for a 0.1% decline. Year-on-year, prices grew by 8.3%. While down from 8.5% in July, the cooldown was less than the 8.1% Read more…
Summary The Consumer Price Index increased 0.1% in August, but the modest gain for the headline index masked what was a disappointing report. Gasoline prices fell 10.6% in the month, helping to keep overall inflation Read more…
Daily Pivots: (S1) 0.6843; (P) 0.6871; (R1) 0.6919; More… AUD/USD’s break of 0.6823 minor support argues that rebound from 0.6698 has completed. Intraday bias is turned neutral first. On the downside, further break of 0.6680 Read more…
Daily Pivots: (S1) 142.13; (P) 142.81; (R1) 143.52; More… USD/JPY rebounded strongly after drawing support from 4 hour 55 EMA, but stays below 144.98 temporary top. Intraday bias remains neutral first. In case of another Read more…
Daily Pivots: (S1) 0.9495; (P) 0.9553; (R1) 0.9596; More… Intraday bias in USD/CHF is turned neutral with breach of 0.9625 minor resistance. Overall, it’s still in corrective pattern from 1.0063. Below 0.9478 will extend the Read more…
Daily Pivots: (S1) 1.1618; (P) 1.1665; (R1) 1.1728; More… GBP/USD’s break of 1.1550 minor support suggests that rebound from 1.1404 has completed at 1.1737. Intraday bias is back on the downside for retesting 1.1404/9 support Read more…