Daily Pivots: (S1) 170.11; (P) 171.47; (R1) 172.23; More… EUR/JPY’s break of 170.87 resistance turned support argues that fall from 175.41 might be correcting whole rise from 153.15 already. Intraday bias is back on the Read more…
Daily Pivots: (S1) 0.8391; (P) 0.8401; (R1) 0.8419; More…. EUR/GBP recovered quickly after dipping to 0.8392 and intraday bias remains neutral. Further decline is in favor. But considering bullish convergence condition in 4H MACD, downside Read more…
Daily Pivots: (S1) 1.6199; (P) 1.6232; (R1) 1.6289; More… EUR/AUD’s break of 1.6211 support turned resistance indicates short term bottoming at 1.5996. More importantly, correction from 1.7062 might have completed with three waves down to Read more…
Australia’s NAB Quarterly Business Confidence improved marginally, rising from -2 to -1 in Q2. However, business conditions overall weakened, with the index falling from 10 to 5. Trading conditions dropped from 15 to 9, profitability Read more…
Australia’s employment figures for June showed a strong increase, with employment rising by 50.2k, well above the expected 20.0k. This growth included 43.3k full-time jobs and 6.8k part-time jobs. Unemployment rate edged up from 4.0% Read more…
In June, Japan’s exports grew by 5.4% yoy to JPY 9209B, falling short of 6.4% yoy expected. This marks the seventh consecutive monthly increase in export value. However, export volume fell by -6.2% yoy, indicating Read more…
Key Highlights Crude oil prices started a fresh increase from the $80.20 support. A major bearish trend line is forming with resistance at $82.95 on the 4-hour chart. Bitcoin is consolidating gains above the $63,500 Read more…
GBPJPY reversed from the resistance area Likely to fall to support level 201.65 GBPJPY currency pair continues to fall after the price reversed down from the resistance area located between the upper trendline of the Read more…
EURCAD broke key resistance level 1.4920 Likely to rise to resistance level 1.5040 EURCAD currency pair recently broke above the key resistance level 1.4920, which stopped the previous correction (2) at the start of June. Read more…
The importance of saving for retirement is ingrained in most Americans when they join the workforce. Still, the ambiguous nature of 401(k)s, investing, and financial planning often deters people from maximizing their retirement plans. Secure Read more…