The cast members at one of Disney’s top theme parks have a bone to pick with the company, and if that means violating a top rule to get their point across, they’re not afraid to Read more…
Brent Crude oil prices rose on Wednesday due to a larger-than-expected draw in US crude inventories. The market anticipates further inventory reduction, leading to potential support for prices in Q4. Technical analysis suggests bullish continuation, Read more…
On 25 June, we noted that the USD/CAD price had approached a crucial support level—the lower boundary of a converging triangle, which indicated a relative balance of supply and demand in the market during May. Read more…
Upon analysing the long-term BTC/USD chart on 16 May, we constructed a “roadmap” for Bitcoin’s price, which appeared as an expanding fan and consisted of a median with support levels below it and resistance levels Read more…
Market picture The crypto market plunged 3.6% in 24 hours to $2.17 trillion, its lowest level since late February. Triggered stop orders in this morning’s thinly liquid market added to the magnitude of the decline, Read more…
UK PMI Construction fell to 52.2 in June, down from 54.7 in May, and below the expected 54.0. S&P Global highlighted the sharpest rise in employment in ten months, while inflationary pressures remained subdued. Andrew Read more…
Yesterday’s lacklustre US ISM services PMI and ADP employment data for June increases the odds of a further US Treasury yield curve un-inversion. A further un-inversion above -0.08% on the US Treasury yield spread between Read more…
The NZD/USD pair has extended its upward movement into a third session, reaching 0.6106 amid growing weaknesses in the US dollar. Negative shifts in US economic indicators, particularly June’s disappointing private sector employment data from Read more…
EURUSD remains at the front foot in early Thursday’s trading and holding under new three-week high (Wednesday’s spike at 1.0816). Bulls probe again through cracked daily Kijun-sen (1.0791) and look for retest of daily cloud Read more…
AUDUSD attempts to break above sideways structure Oscillators are heavily tilted to the bullish side AUDUSD has been trading sideways for more than a month now, unable to adopt a clear directional impetus. However, in the last Read more…