GBP/USD rebounded strongly to 1.2682 last week but retreated since then. Yet, there was no follow through selling. Initial bias is turned neutral this week first. On the downside, decisive break of 1.2517/38 support zone Read more…
USD/CHF edged higher to 0.9094 last week but retreated again. Initial bias remains neutral this week for consolidations. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned Read more…
While most Americans have been focused on inflation and what it’s done to their wallets, shrinkflation is also on the rise. Morning Consult’s Kayla Bruun joined TheStreet to explain what it is, and why it’s Read more…
‘Vox populi, vox dei’ is the lesson most politicians, and no small number of economists, absorbed with their baby food. Roughly translated from Latin as “the voice of the people is the voice of God,’ Read more…
When you board a cruise ship, you lose the ability to pop by a store and buy anything you might be missing. That can be frustrating if you forget your over-the-counter allergy medicine or your Read more…
Oil prices are notoriously volatile, with a myriad of factors pushing and pulling supply and demand. Those factors include economic growth and geopolitical conflict. U.S. crude oil prices have soared 22% so far this year, Read more…
AUD/USD rebounded notably last week but upside was capped at 0.6618 and retreated. Initial bias is turned neutral this week first. On the upside, above 0.6618 will bring further rally to 0.6666 resistance. Break there Read more…
One of the fastest growing sectors of the retail space is cosmetics, and for good reason. The U.S. cosmetics industry is valued at around $374.2 billion. It’s no surprise, then, that everyone from Kylie Jenner to Read more…
USD/CAD’s rise from 1.3176 resumed by breaching 1.3613 resistance last week. Initial bias stays on the upside this week for channel resistance at 1.3665 first. Sustained break there would prompt upside acceleration towards 1.3897 resistance Read more…
Google is a search engine giant; however, the recent rally in its parent company, Alphabet, has been driven more by its artificial intelligence opportunity than traditional search. The company’s Google Cloud is experiencing tailwinds from Read more…