The forex markets are generally steady in Asian session today, as traders are still holding their bets ahead of Fed Chair Jerome Powell’s Jackson Hole speech. US stocks staged a rebound overnight, but there was Read more…
Coming soon to an iPhone or iPad near you. | Image: Duolingo Yes, you read that headline correctly. Duolingo, the language learning app famous for the owl that haunts my dreams every night, now has Read more…
St. Louis Fed President James Bullard reiterated he would like interest rate to be raised from current 2.25-2.50% to 3.75-4.00% by the end of the year. He added that “front-loading” these rate hikes could “show Read more…
USD/JPY: On the H4 chart, price has confirmed a bullish momentum breaking the previous high. We are bullish bias- Price is testing the 23.6% retracement levels now at 136.671 and is failing to break level. Read more…
Key Highlights USD/JPY started another increase above the 136.00 resistance zone. It broke a major bearish trend line at 134.40 on the 4-hours chart. EUR/USD and GBP/USD are struggling to start a recovery wave. The Read more…
Earlier today, China announced 19 additional policies to help the economy, worth $146 billion. These policies will primarily support infrastructure projects. After trouble in the housing market and a recent bout of poor data from Read more…
Short Term Elliott Wave View in NZDUSD suggests rally to 0.6469 ended wave 4. Wave 5 lower is in progress to complete a cycle from February 25, 2021 high before a larger 3 waves rally Read more…
GBPAUD broke support level 1.7000 Likely to fall to support level 1.6800 GBPAUD currency pair recently broke the support level 1.7000 (which stopped the previous minor impulse wave 1 from the start of August). The Read more…
Soon with satellite connectivity. | Photo by Loren Grush / The Verge Elon Musk just announced that the upcoming second-generation Starlink internet satellites include cellular antennas for connections with phones from T-Mobile in the US, Read more…
Musk and T-Mobile say their partnership means an end to one of cell phone users’ biggest complaints. Elon Musk is a master of promoting new technology ideas, but of course not all of them come Read more…