Daily Pivots: (S1) 0.7048; (P) 0.7083; (R1) 0.7129; More… AUD/USD accelerated lower, but stays above 0.6896 support. Intraday bias remains neutral at this point. Further rally is still in favor with 0.6896 support intact. On Read more…
Asian markets plunged into deep risk-off territory today as investors grappled with the escalating Middle East conflict and its growing economic consequences. Equity markets across the region extended losses for a third consecutive session, reflecting Read more…
Short-term Elliott Wave analysis indicates that the rally to 7002.28 on January 28, 2026 marked the completion of wave 1. Following this advance, the market entered a corrective phase. The wave 2 pullback recently concluded Read more…
Key Highlights GBP/USD started a fresh decline and traded below 1.3400. A key bearish trend line is forming with resistance at 1.3485 on the 4-hour chart. EUR/USD extended losses and dived below 1.1620. Crude Oil Read more…
Economic challenges facing the wine industry have led to a surge in winery closings and, in some cases, bankruptcies. A significant decline in industry revenue over the last six years, since the beginning of the Read more…
Gold weakened sharply overnight as markets moved past the initial geopolitical shock of the widening Middle East conflict and began repricing the Federal Reserve outlook. The early safe-haven surge faded as investors reassessed the broader Read more…
JPMorgan Chase (JPM) CEO Jamie Dimon stepped in front of the cameras Monday with Wall Street desperate for a measured voice. The U.S. and Israel had struck Iran over the weekend, oil markets were rattled, Read more…
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China’s February PMI data revealed a widening divide between official indicators and private surveys, highlighting the uneven nature of the country’s economic transition. The official manufacturing PMI, released by the National Bureau of Statistics of Read more…
Millions of federal student loan borrowers may soon face higher monthly payments and fewer repayment protections. The Department of Education has proposed sweeping changes under the Reimagining and Improving Student Education, or RISE, rule. If Read more…