USD/JPY’s fall from 158.86 continued last week but recovered after hitting 148.55. Initial bias remains neutral this week first. This decline is seen as the third leg of the corrective pattern from 161.94 high. Break Read more…
GBP/USD edged higher to 1.2715 last week but subsequent retreat suggests short term topping, on bearish divergence condition in 4H MACD. Initial bias remains mildly on the downside this week for near term rising channel Read more…
USD/CHF rebounded strongly last week but upside is capped below 0.9053 resistance. Initial bias stays neutral this week first. On the upside, firm break of 0.9053 will suggest that corrective pattern from 0.9200 has already Read more…
Over the past few years, DirecTV, like many other cable companies, has been suffering from a popular consumer trend. Many consumers have been ditching cable companies en masse for streaming platforms, which offer access to Read more…
AUD/USD’s extended fall last week suggests that corrective rebound from 0.6087 has completed at 0.6407, ahead of 38.2% retracement of 0.6941 to 0.6087 at 0.6413. Initial bias stays on the downside this week for retesting Read more…
Burger King had a somewhat challenging 2024. Multiple franchise operators went bankrupt, forcing the company to take over some operations while also seeing hundreds of stores close. The chain also worked to rebuild its business Read more…
2025 is set to be a big year for Disney Cruise Line. By the end of the year, the cruise line will launch two new ships, sailing it closer to its goal of more than Read more…
Amazon’s Panos Panay announced Alexa Plus last week, representing a renewed focus on software for the company’s troubled consumer electronics division. The biggest surprise at Amazonâs press conference last week was the lack of hardware Read more…
Amazon’s Panos Panay announced Alexa Plus last week, representing a renewed focus on software for the company’s troubled consumer electronics division. The biggest surprise at Amazonâs press conference last week was the lack of hardware Read more…
USD/CAD’s strong rally last week suggests that corrective pull back from 1.4791 has already completed at 1.4150. Initial bias stays on the upside this week for retesting 1.4791. Strong resistance might be seen there to Read more…