GBP/USD is still extending consolidations from 1.3139 and intraday bias remains neutral. Upside should be limited by 1.3300 support turned resistance. Below 1.3139 will target 100% projection of 1.3867 to 1.3158 from 1.3657 at 1.2948. Read more…
USD/CHF is extending consolidations below 0.8139 and intraday bias remains neutral. Downside should be contained by 0.8012 resistance turned support to bring another rally. Above 0.8139 will target 100% projection 0.7603 to 0.8041 from 0.7600 Read more…
Intraday bias in AUD/USD stays mildly on the downside. Fall from 0.7277 should continue to 0.6832 support. Firm break there will target 0.6756 fibonacci level. On the upside, above 0.6926 minor resistance will turn intraday Read more…
Intraday bias in USD/CAD remains neutral. Consolidations from 1.4247 could extend with another falling leg. But downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% Read more…
Intraday bias in GBP/JPY remains neutral at this point. 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 Read more…
Intraday bias in EUR/JPY remains neutral at this point. Risk will remain mildly on the downside as long as 186.30 resistance holds. Below 183.14 will bring retest of 182.01 support first. However, firm break of Read more…
No change in EUR/GBP’s outlook and intraday bias stays neutral. Risk will remain mildly on the downside as long as 0.8686 resistance holds. Firm break of 0.8601 will revive the case of bearish trend reversal. Read more…
Verizon is acquiring a 35-year-old wireless competitor that is shutting down as consolidation in the U.S. wireless market continues to accelerate. For instance, in 2014, AT&T completed its acquisition of Leap Wireless, which owned Cricket Read more…
Easing concerns over the Fed’s independence have bolstered the Dollar. Fears of high interest rates are weighing on gold. The US dollar rose after a three-day decline, thanks to growing investor confidence in the Fed’s Read more…
Palantir Technologies Inc. (PLTR) confirmed two separate partnerships on Monday, June 29, one with a private aviation startup and one with Nvidia. Most coverage will treat these as routine corporate news. The pattern underneath them Read more…