Daily Pivots: (S1) 212.51; (P) 213.46; (R1) 214.81; More… Intraday bias in GBP/JPY is turned neutral again with 4H MACD crossed below signal line. On the downside, break of 212.35 minor support will bring deeper Read more…
Daily Pivots: (S1) 156.63; (P) 156.94; (R1) 157.46; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, below 156.41 minor support will bring retest of 155.01. Firm break there will Read more…
Daily Pivots: (S1) 0.7759; (P) 0.7776; (R1) 0.7791; More…. USD/CHF’s rec continues today but stays below 0.7847 resistance. Intraday bias remains neutral and further decline is expected. On the downside, decisive break of 0.7760 will Read more…
Daily Pivots: (S1) 1.1752; (P) 1.1769; (R1) 1.1799; More…. EUR/USD is still bounded in established range below 1.1848 and intraday bias remains neutral. Further rise is expected with 1.1642 support intact. On the upside, firm Read more…
Daily Pivots: (S1) 1.3555; (P) 1.3603; (R1) 1.3656; More… GBP/USD falls notably today but stays above 1.3453 support. Intraday bias remains neutral and further rally is in favor. On the upside, firm break of 1.3657 Read more…
Dollar strengthened broadly today as rising oil prices and firmer-than-expected US inflation data continued pushing markets toward a more hawkish Federal Reserve outlook. However, the overall move remained relatively measured as broader risk sentiment stayed Read more…
Young adults are moving back in with their parents in near-record numbers, and it’s affecting every aspect of life, from finances to relationships. The fifth annual Boomerang Kids Survey from Thrivent, a financial services firm, Read more…
US inflation accelerated further in April as rising energy and shelter costs kept price pressures elevated. Headline CPI rose 0.6% mom, matching expectations, while core CPI increased 0.4% mom, above the expected 0.3% gain and Read more…
There’s a certain kind of analyst who doesn’t talk much when he’s wrong and doesn’t celebrate long when he’s right. Stephen “Sarge” Guilfoyle is that kind of analyst. Sarge is a former NYSE floor trader Read more…
Rising gas prices are pushing more Americans to rethink how (and where) they drive. Even drivers who do not fill up often are noticing the spike in gas prices. As someone who drives an electric Read more…