AUD/USD’s fall continues today and intraday bias remains on the downside. Decline from 0.7277 should target 0.6832 support first. Firm break there will target 0.6756 fibonacci level. On the upside, above 0.6977 support turned resistance Read more…
USD/CAD’s rally continues today and intraday bias stays on the upside. Current rise from 1.3480 should target 61.8% retracement of 1.4791 to 1.3480 at 1.4290. Sustained break there will pave the way to 1.4791 high. Read more…
International Business Machines (IBM) picked up two separate catalysts within roughly a day this week, and only one came from a stock analyst. JPMorgan upgraded IBM (IBM) to Overweight on Tuesday and raised its price Read more…
Intraday bias in GBP/JPY remains neutral for the moment. On the downside, below 212.36 will affirm the case that rebound form 210.43 has completed as a correction. Deeper fall would be seen to 211.23 support Read more…
EUR/JPY’s break of 183.95 suggests that rebound from 182.01 has completed as a corrective move at 186.03. Intraday bias is back on the downside for 182.01 first. Firm break there will resume the fall from Read more…
The Warner Companies’ Philip Snyder, CLU discusses what “fiduciary” means (and doesn’t mean) in the world of financial advice, and why consumers should focus on representation and integrity rather than labels. They discuss suitability as Read more…
Immediate focus is now on 0.8610/8 key support zone. Decisive break there will will revive the case of bearish trend reversal, and target 0.8466 fibonacci level. Nevertheless, firm break of break of 0.8686 resistance will Read more…
EUR/AUD’s break of 1.6453 suggests that pullback from 1.6516 has completed at 1.6306. More importantly, rise from 1.6108 is still in progress. Intraday bias is back on the upside, firm break of 1.6516 will target Read more…
Intraday bias in EUR/CHF remains neutral and more consolidations could be seen below 0.9265. Further rise is expected as long as 0.9179 support holds. On the upside, decisive break of 0.9264 resistance will resume the Read more…
Microsoft (MSFT) CEO Satya Nadella sat for a Wall Street Journal interview on June 21 and spent most of the time discussing a problem that goes well beyond Microsoft: who gets to control how AI Read more…