The retail sector has been battered over the last couple of years. From low- and mid-tier fashion brands to high-end luxury retailers, none has been immune to the downturn. Many iconic brands have filed for Read more…
USD/JPY’s decline from 158.86 continued last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for 139.57 support. On the upside, break of 148.26 is needed to Read more…
GBP/USD’s extended rebound last week suggests that pull back from 1.3206 has already completed at 1.2706. Initial bias stays on the upside this week for retesting 1.3206. Firm break there will resume the rally from Read more…
When a chain like Red Lobster, TGI Fridays, or On the Border fails, you have to wonder where the chain went wrong. All three offer food with broad appeal, good value, and a pleasant atmosphere. Read more…
USD/CHF’s strong break of 0.8332 support confirms larger down trend resumption. Initial bias stays on the downside this week for 200% projection of 0.9196 to 0.8757 from 0.8854 at 0.7976. On the upside, above 0.8256 Read more…
AUD/USD’s extended rebound last week confirms short term bottom at 0.5913. Rebound from there is currently seen as a corrective move first. Initial bias stays on the upside this week for 38.2% retracement of 0.6941 Read more…
Visiting Disney World or Disneyland is almost an American rite of passage. By some estimates, more than 70% of Americans (and as many as 90%) have visited one of the parks at least once. Just Read more…
USD/CAD’s fall from 1.4791 high continued last week and accelerated through 1.3946/76 key support zone. There is no sign of bottoming yet. Initial bias stays on the downside this week for 100% projection of 1.4791 Read more…
GBP/JPY’s decline from 199.79 resumed last week and fell to 184.35, but then recovered. Initial bias stays neutral this week first and some more consolidations would be seen. Risk will stay on the downside as Read more…
In a day and age when many people prefer the quick and easy over slow and carefully researched, it’s hard to keep a clothing business thriving. While some evidence is surfacing that shoppers who buy Read more…