AUD/USD’s fall from 0.7237 is still in progress an intraday bias remains on the downside for 38.2% retracement of 0.6864 to 0.7237 at 0.7095. Firm break there will target 61.8% retracement at 0.7006. On the Read more…
Intraday bias in USD/CAD remains neutral for the moment. With 1.3938 resistance intact, further decline is expected. Break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low. However, firm break of 1.3938 Read more…
Intraday bias in GBP/JPY stays neutral at this point. On the upside, firm break of 209.01 minor resistance should indicate short term bottoming, on bullish divergence condition in 4H MACD. That would bring stronger rebound Read more…
Intraday bias in EUR/JPY remains neutral and further fall is in favor with 179.88 minor resistance intact. Below 177.82 will extend the fall from 187.93 to 175.41 key cluster support. Nevertheless, break of 179.88 minor Read more…
Intraday bias in EUR/CHF remains neutral and some more consolidations could be seen below 0.9472 temporary top. While deeper pullback cannot be ruled out, further rise is expected as long as 0.9304 support holds. Above Read more…
Silver’s $60 floor should hold unless gold breaks first. A structural physical-market deficit gives the $60–60.44 zone real backing, but the most credible path to a break runs through a hawkish Fed SEP, gold losing Read more…
I have covered two bankruptcy stories before. Not from the usual angle of what happened and why; for each, I dug deeper into who could win from the wreckage. The Magellan Aerospace story led me Read more…
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Tuesday. Stock futures were falling and oil prices climbed as Wall Street prepared for the Read more…
Market Overview The crypto market rose to $2.71T, touching the highs seen in the second half of last week, but retreated fairly quickly to a comfortable $2.65T. The volatility can be linked to news headlines Read more…
When investors near retirement, the promise of guaranteed income can sound like an oasis in a desert of market volatility. Annuities are frequently sold as the ultimate risk-free retirement strategy product that promises to turn Read more…