Bearish Scenario: Sell positions below 2470 with TP1: 2463, TP2: 2460, TP3: 2456 intraday, with a stop loss above 2473 or at least 1% of the account capital. Bullish Scenario: Buy positions after a pullback Read more…
Restaurants fail for a lot of reasons. If you’re a fan of Gordon Ramsay and his multiple shows where he tries to save failing eateries, you know that not costing food correctly and food waste Read more…
Daily Pivots: (S1) 1.2811; (P) 1.2841; (R1) 1.2884; More… Intraday bias in GBP/USD remains on the upside for retesting 1.3043 high. Decisive break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 Read more…
Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. EUR/USD is staying in consolidation below 1.1046 and intraday bias remains neutral. Another rally is in favor as long as 1.0880 support holds. Firm break of Read more…
Daily Pivots: (S1) 0.8666; (P) 0.8707; (R1) 0.8768; More…. Intraday bias in USD/CHF is turned neutral first as it retreated after hitting 0.8747. On the upside, sustained break of 38.2% retracement of 0.9223 to 0.8431 Read more…
Daily Pivots: (S1) 147.76; (P) 148.58; (R1) 150.09; More… Intraday bias in USD/JPY is turned neutral as it retreated after failing to break through 38.2% retracement of 161.94 to 141.67 at 149.41. On the downside, Read more…
As the US session gets underway, both Yen and Swiss Franc are beginning to recover, aided by the slight pullback in benchmark Treasury yields in the US and Europe. This recovery comes after a tough Read more…
The Australian dollar (AUD) is witnessing a rise against the US dollar (USD) for the second consecutive day, reaching 0.6629. This upward movement is bolstered by the Reserve Bank of Australia’s (RBA) current policy stance. Read more…
While some airlines are currently riding the travel demand high that has been going steady since the post-pandemic reopening, others have struggled to stay afloat amid pressures ranging from high jet fuel costs and aircraft Read more…
Bill Ackman grabbed a sweet deal on Nike shares during their big dip. According to a recent filing, Ackman’s Pershing Square purchased 300 million shares worth $229 million in the second quarter. Nike stock dropped Read more…