USD/CAD’s strong rebound suggests short term bottoming at 1.3176, on bullish convergence condition in 4H MACD. Despite some loss of upside momentum, further rally is in favor this week as long as 1.3286 minor support Read more…
Immediate focus is now on 184.15 in GBP/JPY after last week’s strong rebound. Sustained break there will argue that whole pull back from 188.63 has completed and bring further rally to retest this high. Nevertheless, Read more…
EUR/JPY’s rebound from 153.15 resumed by breaking through 158.55 last week. Initial bias stays on the upside this week for further rally to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. For now, Read more…
EUR/GBP’s decline last week suggests that rebound from 0.8548 has completed at 0.8713 already. Initial bias stays mildly on the downside this week for 0.8548 support first. Firm break there will target 0.8491 low next. Read more…
EUR/AUD’s rebound last week indicates short term bottoming at 1.6127, on bullish convergence condition in 4H MACD. Initial bias is mildly on the upside this week for 1.6478 resistance. Firm break there will argue that Read more…
EUR/CHF stayed in consolidation above 0.9252 last week and outlook is unchanged. Initial bias stays neutral this week first. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support Read more…
It’s fair to say there was surprise, nay, disappointment that the great 2023 end-of-year rally ended, well, at the end of 2023. The major averages all fell in the first week of January, with big Read more…
Photo by James Bareham / The Verge Checks are apparently hitting the bank accounts of people affected by Apple’s decision to slow down iPhones with older batteries back in 2017. MacRumors reported that readers of Read more…
Alaska Airlines has grounded all 65 of its Boeing 737 Max 9 airliners after a flight from Portland, Ore., saw part of its fuselage blow out Friday evening. The plane was able to make an Read more…
According to statistics, USD/JPY (US Dollar/Japanese Yen) is among the top three most traded currency pairs in the Forex market. This is facilitated by the pair’s high liquidity, which ensures narrow spreads and favourable trading Read more…