Gold sought fresh gains on the first trading day of the year after a remarkable 8.0% rally to 1,833 in December. According to the technical indicators, the market seems to have the foundation to flourish further. Read more…
The Dax 40 drifts lower as investors dread more aggressive moves from central banks. On the daily chart, after hitting last June’s peak of 14700, a bearish MA cross could foreshadow a deeper correction. Zooming Read more…
The euro strengthened after ECB President Lagarde hinted at more tightening to cap wage growth. A bullish MA cross on the daily chart confirms the pair’s recovery. A break above October’s high of 0.8860 might Read more…
The Japanese yen rallies as the BOJ considers raising its inflation forecast. The dollar’s rebound came to a halt at a previous low (134.50) from early December, which has turned into resistance. Sentiment remains downbeat Read more…
Market movers today A new year kicks off with continued focus on central banks and inflation, as well as on signals of how long and deep a recession are we heading into. For inflation pressures Read more…
Key Highlights EUR/USD could gain bullish momentum above the 1.0750 resistance. A key bullish trend line is forming with support near 1.0650 on the 4-hours chart. GBP/USD is facing resistance near the 1.2200 and 1.2220 Read more…
The Mexican fast-food giant has some new menu items that McDonald’s fans may find awfully familiar (even if it’s not intentional). Taco Bell has built its business, at least partially around the idea of not Read more…
KFC customers maybe surprised at the change which takes away a really popular item. While Yum Brands (YUM) – Get Free Report Taco Bell gets more attention for its seemingly endless menu drama, sister brand Read more…
Electric vehicle maker Tesla has had a nightmarish year on the stock market. Tesla had a bad year 2022. On the stock market, it was a real nightmare. Tesla stock lost more than 65% of Read more…