AUD/USD edged higher to 0.7237 last week, but subsequent fall suggest short term topping, on bearish divergence condition in 4H MACD. Initial bias is mildly on the downside this week for 0.7120 support, and possibly further to 38.2% retracement of 0.6864 to 0.7237 at 0.7095. For now, risk will stay mildly on the downside as […]
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Kohl’s is expanding a key partnership in its stores as its customers tighten their budgets and gravitate toward other retailers. In the second quarter of this year, the department store chain’s comparable sales dipped 0.9% Read more…
EUR/USD stayed in sideway trading above 1.1565 last week and outlook is unchanged. Initial bias stays neutral this week first. On the downside, sustained break of 55 D EMA (now at 1.1565)s will argue that Read more…
USD/JPY fell further to 152.87 last week but turned sideway since then. Initial bias remains neutral this week for some consolidations first. Further decline is expected as long as 154.79 minor resistance holds. Below 152.87 Read more…