The USDJPY extends range trading into third consecutive week, as Doji candles in past two weeks signal strong indecision. Repeated weekly upside rejection points to strong headwinds that bulls face, but the downside was so Read more…
The Euro extends steep fall, sparked by strong risk aversion on growing recession worries and boosted by a break of critical technical supports that signaled a continuation of larger downtrend from 2008 peak (1.6039). Fresh Read more…
The crypto industry is currently going through an unprecedented crisis. Here’s a guide to what’s going on, and what might be next.. The cryptocurrency market has dropped $2 trillion in value since November’s mad ascent. Read more…
Issue I was forced to manually shut down Chrome and reboot my computer — losing dozens of tabs. Quick fix Use History to restore complete Chrome windows, including all groups and tabs. The full story Read more…
Daily Pivots: (S1) 135.48; (P) 135.92; (R1) 136.31; More… Range trading continues in USD/JPY and intraday bias remains neutral. On the downside, break of 134.25 support will confirm short term topping at 136.99. Considering bearish Read more…
Daily Pivots: (S1) 0.9618; (P) 0.9662; (R1) 0.9730; More… Immediate focus is now on 0.9731 resistance in USD/CHF. Firm break there will argue that the consolidation from 1.0063 has completed and bring stronger rally back Read more…
Daily Pivots: (S1) 1.1862; (P) 1.1993; (R1) 1.2088; More… GBP/USD’s down trend is still in progress and intraday bias stays on the downside. Next near term target is 100% projection of 1.2666 to 1.1932 from Read more…
Daily Pivots: (S1) 1.0406; (P) 1.0435 (R1) 1.0452; More… EUR/USD’s down trend continues today and intraday bias stays on the downside for 1.0090 long term projection level. Break there will target 100% projection of 1.1184 Read more…
Selloff in Euro continues today, as it’s marching towards parity against the greenback. Some noted that it’s a perfect storm for the common currency, with stagflation risks, gas crisis, a prolonged war and fragmentation. Sterling Read more…
The economic slowdown could lead Microsoft to hire fewer employees. Microsoft ( (MSFT) – Get Microsoft Corporation Report) will hire few people than initially planned in the second half of 2022 as the economy contracts Read more…