EUR/USD: Focus on the US Labor Market The DXY dollar index is down 5% over the past month. This is the largest monthly decline since September 2010. And the American currency lost more than 10% Read more…
The billionaire met French President Emmanuel Macron with whom he discussed Tesla’s future plans. Elon Musk is everywhere. Since becoming the owner of Twitter (TWTR) – Get Free Report on October 27, the richest man in Read more…
The billionaire entrepreneur from the hit TV show Shark Tank is disrupting the pharmaceutical industry. Mark Cuban is closely following Elon Musk’s Twitter revamp. The Dallas Mavericks owner is among those who are convinced that Read more…
EUR/USD’s rise from 0.9534 resumed last week and hit as high as 1.0544. Further rally is expected as long as 1.0289 support holds. Next target is 1.0609 fibonacci level. However, firm break of 1.0289 support Read more…
A major project that will benefit cruise lines that sail Caribbean itineraries sets a grand opening date. Where are you going? That’s usually the first question people ask when you tell them you’re going on Read more…
USD/JPY’s fall from 151.93 resumed last week and hit as low as 133.61. Initial bias stays on the downside this week for 133.07 medium term fibonacci level or further to 55 week EMA. On the Read more…
GBP/USD rise from 1.0351 continued last week and met target of 100% projection of 1.0351 to 1.1494 from 1.1145 at 1.2288. Further rally is expected as long as 1.1898 support holds. Sustained trading above 1.2288 Read more…
USD/CHF’s decline from 1.0146 resumed last week and dipped to 0.9325. Further decline is expected as long as 0.9545 resistance holds. Next target is 61.8% projection of 1.0146 to 0.9355 from 0.9545 at 0.9056. Break Read more…
AUD/USD edged higher to 0.6845 last week but quickly lost momentum and retreated. Initial bias is neutral this week first, and near term outlook will stay bearish as long as 0.6641 support holds. Break of Read more…
The manufacturer of premium electric vehicles makes a decision that its rivals will not like. Tesla dominates the electric vehicle market. Elon Musk’s group has seen its competitors gain market share because it is no Read more…