USD/CHF’s rally from 0.8374 resumed last week and initial bias remains on the upside this week for 0.9223 key resistance next. Decisive break there will carry larger bullish implications. For now, near term outlook will Read more…
AUD/USD’s break of 0.6169 key support level last week confirms larger down trend resumption. Initial bias stays on the downside this week for 61.8% projection of 0.6687 to 0.6198 from 0.6301 at 0.5999. For now, Read more…
USD/CAD dipped to 1.4279 last week as consolidation from 1.4466 extended, but quickly rebounded. Initial bias remains neutral this week first, and further rally is expected. Break of 1.4466 will resume larger up trend to Read more…
GBP/JPY’s extended fall last week suggests that rise from 188.07 has already completed at 198.84. Initial bias stays on the downside this week for 188.07 support. Firm break there will argue that corrective pattern from Read more…
EUR/JPY stayed in range below 164.89 last week despite late decline. Initial bias remains neutral this week first. On the upside, above 164.89 will resume the rise from 156.16, as a leg in the corrective Read more…
EUR/GBP’s extended rebound last week confirm short term bottoming at 0.8221, just ahead of 0.8201 key support level. Initial bias stays on the upside this week for 0.8446 resistance first. Firm break there will target Read more…
EUR/AUD gyrated higher last week but stayed well below 1.6800 resistance. Initial bias remains neutral this week. Corrective pattern from 1.6800 might extend further. But downside should be contained by 38.2% retracement of 1.5963 to Read more…
The US markets last week were shaped by two dominant themes: uncertainty surrounding trade policies of the incoming US administration and the impact of robust US economic data. Initial market confusion, driven by ambiguous signals Read more…
Justin Baldoni may be on the precipice of losing much of his wealth — or exponentially growing it — depending on the outcome of two lawsuits: One leveled against him by Blake Lively, and the Read more…
Constellation Brands (STZ.B) , which owns popular beer brands such as Corona and Modelo, has just shared a grim outlook on its future sales as the company recently noticed a sharp change in consumer behavior. Read more…