Food-industry executives say the pressure could continue for some time, even after the Covid omicron variant passes, a media report says. The Covid omicron variant is stressing the U.S. food system, as it’s infecting workers all along Read more…
Buffett did it with gradual, consistent returns, while Wood saw a major surge followed by a sharp downturn. If you’re looking for a pair of star investors with diametrically opposed investment philosophies, Warren Buffett and Read more…
AUDJPY’s recent selloff, which started just below the 83.00 level has extended below the 81.00 handle. The bearish 50- and 100-period simple moving averages (SMAs) are endorsing the drop in the pair. Additionally, a negative Read more…
US stocks point lower at the start of a key week. Escalating tension between Russia and Ukraine, plus fears of a hawkish Fed are dragging on stocks. US futures Dow futures -0.23% at 34150 S&P Read more…
EUR/USD is starting the final week of January with a decline towards 1.1320. The American currency is in demand due to investors’ interest in “safe haven” assets: the external background is looking rather pessimistic. This Read more…
Daily Pivots: (S1) 0.8332; (P) 0.8354; (R1) 0.8393; More… EUR/GBP’s break of 0.8377 resistance indicates short term bottoming at 0.8304, on bullish convergence condition in 4 hour MACD, ahead of 0.8276 low. Intraday bias is Read more…
Daily Pivots: (S1) 1.1309; (P) 1.1335; (R1) 1.1368; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Price action from 1.1185 are seen as corrective move. Break of 1.1284 will argue that larger Read more…
Daily Pivots: (S1) 1.3532; (P) 1.3567; (R1) 1.3589; More… GBP/USD’s break of 1.3489 support and 55 day EMA dampened our original bullish view. Rebound from 1.3158 is completed at 1.3748, and larger fall from 1.4282 Read more…
Daily Pivots: (S1) 0.9095; (P) 0.9134; (R1) 0.9161; More…. Range trading continues in USD/CHF and intraday bias remains neutral first. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 Read more…
Daily Pivots: (S1) 113.49; (P) 113.82; (R1) 114.04; More… Intraday bias in USD/JPY remains on the downside and outlook is unchanged. Considering bearish divergence condition in in daily MACD, it’s probably already in correction to Read more…