EUR/JPY’s rebound from 153.15 resumed by breaking through 158.55 last week. Initial bias stays on the upside this week for further rally to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. For now, Read more…
EUR/GBP’s decline last week suggests that rebound from 0.8548 has completed at 0.8713 already. Initial bias stays mildly on the downside this week for 0.8548 support first. Firm break there will target 0.8491 low next. Read more…
EUR/AUD’s rebound last week indicates short term bottoming at 1.6127, on bullish convergence condition in 4H MACD. Initial bias is mildly on the upside this week for 1.6478 resistance. Firm break there will argue that Read more…
EUR/CHF stayed in consolidation above 0.9252 last week and outlook is unchanged. Initial bias stays neutral this week first. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support Read more…
It’s fair to say there was surprise, nay, disappointment that the great 2023 end-of-year rally ended, well, at the end of 2023. The major averages all fell in the first week of January, with big Read more…
Alaska Airlines has grounded all 65 of its Boeing 737 Max 9 airliners after a flight from Portland, Ore., saw part of its fuselage blow out Friday evening. The plane was able to make an Read more…
According to statistics, USD/JPY (US Dollar/Japanese Yen) is among the top three most traded currency pairs in the Forex market. This is facilitated by the pair’s high liquidity, which ensures narrow spreads and favourable trading Read more…
Summary United States: The Great Divergence Incoming economic data continue to shed light on how tighter monetary policy is placing unequal pressure across economic sectors. Interest rate sensitive segments like manufacturing and commercial construction remain Read more…
U.S. Highlights Minutes from the December FOMC meeting confirmed that monetary policy was “likely at or near its peak” for this tightening cycle, but showed no meaningful discussion on rate cuts. The U.S. economy added Read more…
Passengers who have been traveling on airplanes for decades have witnessed an astonishing number of changes over the years. In the past, for one, American Airlines (AAL) – Get Free Report used to lead the way Read more…