War between the two tech giants seems inevitable. At stake is the future of search engines. After several years of peace, the tech giants Microsoft and Google have taken out the boxing gloves. And the Read more…
“We’re going to lead in the AI era, knowing that maximum enterprise value gets created during platform shifts,” said CEO Sataya Nadella. Microsoft (MSFT) – Get Free Report shares jumped higher in early Tuesday trading ahead Read more…
KEY TAKEAWAYS: Today’s speech by Federal Reserve Chairman Jerome Powell is highly anticipated due to the Friday’s blockbuster US employment report and recent re-pricing of the interest rate space. Investors will be closely monitoring Powell’s Read more…
Welcome to Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we are getting technical on the Read more…
The UK 100 stock index (cash) has fully recovered the pandemic’s loss but with a long delay compared to other major European and US indices, peaking at a new record high of 7,912 last Friday despite the UK’s fragile Read more…
USDJPY has a gap near 131.20 after the reports that the BoJ can be looking for a new candidate with a dovish outlook. But it appears this was just speculation with no real evidence, so Read more…
Cable remains in red for the fourth straight day and probes below psychological 1.20 support, hitting new one-month low. Strong support at 1.1951 (200DMA / Fibo 23.6% of 1.0348/1.2447) is under pressure and break here Read more…
US futures Dow futures -0.13% at 33834 S&P futures +0.1% at 4113 Nasdaq futures +0.26% at 12505 In Europe FTSE +0.51% at 7876 Dax -0.25% at 15313 Biden’s State of the Union address is also Read more…
Daily Pivots: (S1) 131.79; (P) 132.35; (R1) 133.18; More… Intraday bias in USD/JPY is turned neutral with current retreat. But further rally is in favor. Above 132.89 will resume the rebound from 127.20 short term Read more…
Daily Pivots: (S1) 0.9243; (P) 0.9267; (R1) 0.9306; More… Focus stays on 0.9287 resistance as intraday bias in USD/CHF remains neutral. Firm break there will confirm short term bottoming at 0.9058, and bring stronger rise Read more…