Further decline is expected in AUD/USD with 0.6977 support turned resistance intact. Current fall from 0.7277 should extend to 0.6832 support. Firm break there will target 0.6756 fibonacci level. In the bigger picture, considering bearish Read more…
Intraday bias in USD/CAD stays neutral, and more consolidations could be seen below 1.4247 temporary top. While deeper pullback cannot be ruled out, downside should be contained above 1.3965 resistance turned support. Above 1.4247 will Read more…
Intraday bias in GBP/JPY remains neutral first. On the downside, below 212.36 will affirm the case that rebound from 210.43 has completed as a correction. Deeper fall would be seen to 211.23 support first. However, Read more…
The fight between Walmart and Amazon is no longer just about who can deliver groceries faster or offer the lowest price on household essentials. That rivalry has moved into nearly every part of retail. The Read more…
Intraday bias in EUR/JPY stays neutral for the moment. Fall from 186.30 is seen as the third leg of the pattern from 187.93. Below 183.14 will bring retest of 182.01 support first. Firm break there Read more…
Intraday bias in EUR/GBP remains neutral. Risk will now be mildly on the downside as long as 0.8686 resistance holds. Firm break of 0.8601 will revive the case of bearish trend reversal. However, break of Read more…
Intraday bias in EUR/AUD remains on the upside for the moment. Current rise from 1.6108 should target 100% projection of 1.6186 to 1.6516 from 1.6306 at 1.6636 next. On the downside, below 1.6429 minor support Read more…
The technology sector, for the most part, has avoided a wave of bankruptcy filings that other industries have faced, including retail, restaurants, and real estate companies. One significant technology bankruptcy this year was Pepper Pay Read more…
Intraday bias in EUR/CHF remains neutral and further rally is expected as long as 0.9179 support holds. On the upside, above 0.9228 minor resistance will bring retest of 0.9265 first. Firm break of 0.9264/5 will Read more…
The dollar extends its gradual easing from new one-year high, with dips being so far limited (Friday’s long-tailed daily candle signals still strong bids). End of month / quarter prompts some profit-taking as dollar rallied Read more…