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Month: June 2024

Cryptocurrencies

Iconic toy company files Chapter 11 bankruptcy

Some toy brands transcend generations. That’s actually pretty rare as many toy sensations burn bright, then flame out. Cabbage Patch Kids, for example, were so big they led to fights in stores, but they barely Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

GBP/USD Weekly Outlook

GBP/USD’s fall from 1.2859 tied to continued last week but failed to sustain below 1.2633 resistance turned support. Still, further decline is expected as long as 1.2702 resistance holds. Sustained trading below 1.2633 resistance turned Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

USD/CHF Weekly Outlook

USD/CHF’s stronger than expected rebound argues that fall from 0.9223 might have completed as a three-wave corrective move to 0.8825. Initial bias is mildly on the upside for channel resistance (now at 0.9037). Firm break Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

AUD/USD Weekly Report

AUD/USD extended consolidation from 0.6713 last week and outlook remains unchanged. Initial bias stays neutral this week first. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

USD/CAD Weekly Outlook

USD/CAD rebounded after dipping to 1.3626, but failed to extend gain after hitting 1.3733. Overall, consolidation pattern from 1.3845 is extending. Initial bias remains neutral this week first. While deeper fall could be seen, downside Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

GBP/JPY Weekly Outlook

GBP/JPY’s up trend continued last week and outlook is unchanged. Initial bias stays on the upside this week. Next target is 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

EUR/JPY Weekly Outlook

EUR/JPY’s break of 171.58 resistance last week confirmed up trend resumption. Initial bias stays on the upside this week. Next target is 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

EUR/GBP Weekly Outlook

EUR/GBP’s recovery from 0.8396 continued last week but upside remains capped below by 0.8482 support turned resistance. Initial bias stays neutral this week and outlook remains bearish bearish. On the downside, below 0.8430 support will Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

EUR/AUD Weekly Outlook

EUR/AUD edged lower to 1.5996 last week but recovered since then. Initial bias remains neutral this week first, and outlook stays bearish as long as 1.6211 support turned resistance holds. On the downside, break of Read more…

By , 11 months ago June 29, 2024
Cryptocurrencies

EUR/CHF Weekly Outlook

While EUR/CHF’s recovery from 0.9476 extended higher last week, outlook stays bearish with 0.9683 resistance intact. Initial bias remains neutral this week first. On the downside, below 0.9560 minor support will suggest that the rebound Read more…

By , 11 months ago June 29, 2024

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