Daily Pivots: (S1) 0.6575; (P) 0.6588; (R1) 0.6611; More… Intraday bias in AUD/USD remains neutral at this point. Some more consolidations could be seen above 0.6524 temporary low. But further decline is expected as long Read more…
Asian markets highlights sharp divergence in trends today. Nikkei surged to new 34-year high, buoyed by last week’s record closes in US and bolstered by expectations that BoJ will maintain its negative interest rate policy Read more…
DXY: The DXY (US Dollar Currency Index) chart is currently experiencing a bearish overall momentum, indicating weakness in the US Dollar. According to your analysis, there is potential for a bearish continuation towards the 1st Read more…
People’s Bank of China announced today that it would maintain one-year loan prime rate at 3.45%, a level unchanged since August last year. Similarly, five-year rate, critical for mortgage financing, remains steady at 4.2%, consistent Read more…
Key Highlights EUR/USD declined below 1.0920 and tested the 1.0845 zone. A key bearish trend line is forming with resistance near 1.0900 on the 4-hour chart. GBP/USD is eyeing a decent increase above the 1.2750 Read more…
Nasdaq-100 broke resistance level 16930.00 Likely to rise to resistance level 17500.00 Nasdaq-100 index recently broke the key resistance level 16930.00, which stopped the previous impulse waves (1) and 1. The breakout of the resistance Read more…
For the last three years, rising crude oil prices have forced consumers to absorb higher prices at the gas pump or to heat their homes. The gains were mostly due to the seasonal patterns plus: Read more…
For many people, the time and effort it takes to manage finances can at times be startling. There is a lot involved in simply dealing with logistics such as paying bills on time, being smart Read more…
The diamond industry has faced a number of challenges in recent years from the impact of COVID-19 on demand as well as the ongoing struggle to maintain market share. Edahn Golan, diamond industry analyst and Managing Partner Read more…