Outlook in USD/CAD remains unchanged. Corrective fall from 1.4247 might extend lower. But downside should be contained by 1.3965 cluster support (38.2% retracement of 1.3480 to 1.4247 at 1.3954 to bring rebound. Firm break of Read more…
Intraday bias in GBP/JPY remains neutral and more consolidations would be seen above 209.55 temporary low. Risk will stay on the downside as long as 55 4H EMA (now at 214.69) holds. Below 209.55 will Read more…
Intraday bias in EUR/JPY and more consolidations could be seen above 179.34 temporary low. Risk will remain on the downside as long as 55 4H EMA (now at 183.74) holds. Below 179.34 will extend the Read more…
Intraday bias in EUR/GBP stays neutral and outlook is unchanged. While another rise cannot be ruled out, strong resistance should be seen from 0.8610 support turned resistance to limit upside. On the downside, break of Read more…
Intraday bias in EUR/AUD stays neutral at this point. Overall, near term corrective pattern from 1.6108 (or 1.6125) is still extending. On the upside, above 1.6503 will target 1.6617 resistance first. On the downside, break Read more…
EUR/CHF is still bounded in range below 0.9348 and intraday bias remains neutral. More consolidations could be seen. With 0.9265 support intact, further rally is expected. On the upside, firm break of 0.9348 will extend Read more…
Palantir stock has struggled for months, but the company may have just given investors some hope again. Shares of Palantir surged 29.45% on Aug. 4, the trading day after Palantir reported second-quarter results that topped Read more…
In this episode, we break down a startling labor market trend with Dr. Nicholas Eberstadt, a labor economist and Henry Wendt Chair in Political Economy at the American Enterprise Institute. We discuss why hundreds of Read more…
USD/JPY fell to 157.47 on Wednesday, with the Japanese yen pausing its recent strengthening. US Treasury Secretary Scott Bessent reaffirmed Washington’s support for Japan following the historic joint currency intervention. Over three sessions, the yen Read more…
US involvement in FX interventions has weakened the dollar. Brent is banking on a de-escalation of the conflict in the Middle East. The US dollar has pulled back amid strong headwinds. The S&P 500 hit Read more…