Craft Social may be the sports bar on the Celebrity Cruises ships where it appears, but it’s not your typical take on that genre. Yes, the popular bar has lots of TVs and it’s a Read more…
EUR/USD retreated after initial rise to 1.1007 last week and turned into consolidations. Initial bias stays neutral this week first. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. Read more…
Cathie Wood, head of Ark Investment Management, likes to take advantage of market declines to buy her favorite stocks cheap — generally young technology stocks. The market has given her plenty of opportunities in recent Read more…
USD/JPY rebounded strongly after initial dive to 141.67 last week. While further rally cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 161.94 to 141.67 at 149.41 holds. Below 144.04 Read more…
GBP/USD’s decline from 1.3043 extended lower last week but recovered after hitting 1.2664. Initial bias remains neutral this week first, and further fall is in favor as long as 1.2839 resistance holds. Below 1.2664 will Read more…
USD/CHF rebounded after initial fall to 0.8431 last week. While further rise cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 0.9223 to 0.8431 at 0.8734 holds. On the downside, Read more…
AUD/USD rebounded strongly after initial dive to 0.6348 last week. Initial bias is mildly on the upside this week for further rise. Sustained break of 55 D EMA (now at 0.6614) will target 0.6798 resistance. Read more…
USD/CAD spiked higher to 1.3946 last week but reversed from there. Yet, downside is contained by 55 D EMA (now at 1.3717) so far. Initial bias is neutral this week first. Strong rebound from current Read more…
GBP/JPY rebounded after initial dive to 180.00 last week. While further rise cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 208.09 to 180.00 at 190.73 holds. On the downside, Read more…
EUR/JPY rebounded strongly after initial dive to 154.40 last week. While further rise cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 175.41 to 154.40 at 162.42 holds. On the Read more…