Intraday bias in GBP/USD stays mildly on the upside at this point. Rise from 1.3139 would target 100% projection of 1.3139 to 1.3557 from 1.3272 at 1.3690. However, firm break of 1.3473 will turn bias Read more…
No change in USD/CHF’s outlook as range trading continues. Intraday bias remains neutral. With 0.8029 support intact, further rally is expected. On the upside, firm break of 0.8205 will extend the rise from 0.7603 to Read more…
Intraday bias in AUD/USD is turned neutral with current retreat, and some consolidations would be seen first. Further rally is expected as long as 0.7026 resistance turned support holds. Above 0.7128 will extend the rise Read more…
Intraday bias in GBP/JPY remains mildly on the upside for the moment. Sustained break of 61.8% retracement of 219.56 to 209.55 at 215.73 will pave the way to retest 219.56 high. On the downside, below Read more…
Intraday bias in EUR/JPY stays mildly on the upside at this point. Sustained trading above 61.8% retracement of 187.93 to 179.34 at 184.64 will pave the way to retest 187.93 high. On the downside, below Read more…
Intraday bias in EUR/GBP stays neutral at this point. While rebound from 0.9453 might extend, strong resistance should be seen from 0.8610 support turned resistance to limit upside. On the downside, break of 0.8528 support Read more…
Intraday bias in EUR/AUD is back on the upside with break of 1.6358 minor resistance. Further rise should be seen to 1.6503 resistance first. Break there will target 1.6617. On the downside, below 1.6250 will Read more…
A bad economy should, in theory, push people to shop at value-based chains rather than traditional retailers. For chains like Costco and Walmart, which have steadily reported sales increases, that’s true, but other chains have Read more…
EUR/CHF is still bounded in consolidation below 0.9408 and intraday bias stays neutral. Further rally is expected as long as 0.9326 support holds. Above 0.9408 will extend larger rise to 138.2% projection of 0.8979 to Read more…
Are your grocery bills finally getting some relief — or is more price pressure on the way? In this episode, we sit down with Dr. David Anderson, economist and professor at Texas A&M University, to Read more…