EUR/USD: Another Surprise, from the ECB This Time It’s hard to resist when you’re attacked from both sides. The dollar received two powerful blows last week: one from the Bank of England, the second from Read more…
Could this be the deal that salvages the embattled fitness bike maker? One-time pandemic darling Peloton (PTON) – Get Peloton Interactive, Inc. Class A Report has seen its fortunes collapse as Americans have returned to more Read more…
Applebee’s, Dunkin’ and California Pizza Kitchen have all launched special V-Day menu items this year. From heart-shaped pizzas to Applebee’s Tipsy Cupid cocktail, Valentine’s Day is not just a boon for the chocolate and flower Read more…
EUR/USD’s strong rebound last week argues that a medium term top could be in place at 1.1120, on bullish convergence condition in daily MACD. Initial bias stays on the upside this week. Break of 1.1482 Read more…
USD/JPY extended the consolidation pattern from 116.34 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, break of 115.68 will resume the rebound from 113.46 to retest 116.34 Read more…
GBP/USD rebounded to 1.3627 last week but retreated since then. Initial bias is neutral this week first. On the upside, break of 1.3627 will resume the rebound to 1.3748 resistance. Firm break there will revive Read more…
USD/CHF edged higher to 0.9341 last week but retreated since then. It’s basically still stuck in range trading below 0.9372 resistance. Initial bias is neutral this week first. For now, further rise will remain mildly Read more…
AUD/USD rebounded to 0.7167 last week but reversed from there. Initial bias is mildly on the downside this week for retesting 0.6966. Firm break there and sustained trading below 0.6991 will extend the down trend Read more…
USD/CAD turned into sideway consolidation last week, but retreat was contained well above 4 hour 55 EMA and 55 day EMA. Initial bias remains neutral first and further rise is in favor. Break of 1.2795 Read more…
EUR/GBP’s strong break of 0.8421 resistance last weeks argues that a medium term bottom was formed at 0.8282, on bullish convergence condition in daily MACD, ahead of 0.8276 key long term support. Initial bias remains Read more…