One of the fastest growing sectors of the retail space is cosmetics, and for good reason. The U.S. cosmetics industry is valued at around $374.2 billion. It’s no surprise, then, that everyone from Kylie Jenner to Read more…
USD/CAD’s rise from 1.3176 resumed by breaching 1.3613 resistance last week. Initial bias stays on the upside this week for channel resistance at 1.3665 first. Sustained break there would prompt upside acceleration towards 1.3897 resistance Read more…
Google is a search engine giant; however, the recent rally in its parent company, Alphabet, has been driven more by its artificial intelligence opportunity than traditional search. The company’s Google Cloud is experiencing tailwinds from Read more…
GBP/JPY rebounded after initial dip to 190.02 but failed to break through 193.51 resistance. Initial bias remains neutral this week for more consolidations. On the upside, break of 193.51 will resume larger up trend to Read more…
EUR/JPY rebounded after initial dip to 162.59 but failed to break through 165.33 resistance. Initial bias remains neutral this week first and more range trading could be seen. On the upside, firm break of 165.33 Read more…
EUR/GBP remains bounded in range last week and outlook is unchanged. Initial bias stays neutral this week first. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has Read more…
EUR/AUD dipped to 1.6412 last week but recovered since then. Initial bias remains neutral this week first. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from Read more…
EUR/CHF’s up trend extended to 0.9847 last week but retreated since then. Initial bias is turned neutral this week for consolidation first. But near term outlook will stay bullish as long as 0.9709 support holds. Read more…
Monday, Apr 8, 2024 Tuesday, Apr 9, 2024 Wednesday, Apr 10, 2024 Thursday, Apr 11, 2024 Friday, Apr 12, 2024 The post Summary 4/8 – 4/12 appeared first on Action Forex.
U.S. Highlights Treasury yields shot higher this week, as expectations for a June rate cut fell. The U.S. economy had another strong month of hiring in March – adding 303k jobs – while the unemployment Read more…