Six months ago, an opposition lawmaker in Taipei asked a blunt question about Taiwan Semiconductor Manufacturing Company’s (TSM) expanding US footprint. If the company keeps building in Arizona, he wanted to know, what happens to Read more…
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AUD/USD recovered after falling to 0.7120 and intraday bias is turned neutral first. Price action from 0.7207 is seen as correcting the rise from 0.6864. Risk will stay on the downside as long as 0.7207 Read more…
The quick reversal from 1.3938 and break of 1.3843 argues that rebound from 1.3730 has completed. That also revive the bearish case that such rebound is merely a corrective move. Intraday bias is back on Read more…
GBP/JPY’s steep decline suggests that rebound from 209.55 has already completed at 217.45. Fall from there is seen as the third leg of the corrective pattern from 219.56. Intraday bias is back on the downside Read more…
EUR/JPY’s steep decline suggests that rebound from 179.34 has completed at 186.00. Fall from there is seen as another falling leg of the corrective pattern from 187.93. Intraday bias is back on the downside for Read more…
EUR/GBP’s rebound from 0.8453 resumed by breaking through 0.8585 and intraday bias is back on the upside. Immediate focus in now on 0.8610 support turned resistance. Rejection there, followed by 0.8454 support will maintain near Read more…
Intraday bias in EUR/AUD Is back on the downside with breach of 1.6159. Fall from 1.6617 should target a retest on 1.6108 low. Decisive break there will resume the whole down trend from 1.8554 high Read more…
EUR/CHF retreated sharply after rising to 0.9434 and intraday bias is turned neutral again. Some consolidations would be seen first. But outlook will stay bullish as long as 0.9304 support holds. Above 0.9434 will extend Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal No wardrobe is complete without a Read more…