Key takeaways Cost of living in states with no income tax doesn’t always translate to cheaper living, as costs are influenced by a host of other factors.Seven U.S. states levy no income tax: Alaska, Florida, Read more…
Eurozone inflation falls to 2.6% Eurozone unemployment rate drops to record low of 6.4% The euro is calm on Friday. In the European session, EUR/USD is trading at 1.0818, up 0.13%. Eurozone inflation eases to Read more…
Daily Pivots: (S1) 1.0782; (P) 1.0819; (R1) 1.0842; More… No change in EUR/USD’s outlook and intraday bias stays neutral. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0832) Read more…
Daily Pivots: (S1) 1.2598; (P) 1.2640; (R1) 1.2667; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday Read more…
Daily Pivots: (S1) 0.8802; (P) 0.8825; (R1) 0.8870; More…. Intraday bias in USD/CHF remains neutral at this point. With 0.8727 resistance turned support intact, further rally is expected. On the upside, above 0.8884 will resume Read more…
Daily Pivots: (S1) 149.24; (P) 149.97; (R1) 150.74; More… Intraday bias in USD/JPY stays neutral for the moment. On the upside, decisive break of 150.87 will resume whole rally from 140.25 to retest 151.89/93 key Read more…
Daily Pivots: (S1) 0.9529; (P) 0.9545; (R1) 0.9574; More… EUR/CHF’s rally re-accelerates today and breaks through 0.9575 fibonacci resistance. There is no sign of topping yet and intraday bias stays on the upside. Next target Read more…
Euro rises broadly today even though gains are so far limited. The common currency is lifted by stronger than anticipated Eurozone inflation figures, which suggests that the path to disinflation may be encountering obstacles. This Read more…
Apple (AAPL) shares moved lower again Friday, extending their year-to-date decline to around 3%, following a key analyst downgrade tied in part to the tech giant’s muted iPhone growth forecasts. Apple shares have notably underperformed Read more…
Market picture The cryptocurrency market has corrected by 2%, dropping below $2.3 trillion in market capitalisation. Now, this looks like a technical correction, with the biggest coins pulling back from Thursday night’s highs and holding Read more…