Key Highlights USD/JPY is showing bullish signs above the 144.00 support. It is facing a major resistance near 145.00 and 145.40 on the 4-hours chart. Gold and oil are facing important hurdles near $1,665 and Read more…
Last week, the Bank of Japan intervened in the foreign exchange markets by purchasing $21 billion to $25 billion worth of Yen, a record amount for Yen intervention. USD/JPY sold off more than 500 pips Read more…
The Bank of England’s intervention has calmed the bond markets somewhat with yields coming down not just in the UK, but eurozone and US too. As a result, we are seeing bearish speculators eased off Read more…
Short term Elliott Wave view on USDCAD suggests cycle from 8.11.2022 high is in progress as a 5 waves impulse structure. Down from 8.11.2022 high, wave 1 ended at 0.9864 and rally in wave 2 Read more…
GBPJPY rising in line with the weekly uptrend Likely to test resistance level 162.50 GBPJPY continues to rise after the price reversed up from the round support level 150.00 (which reversed the pair multiple times Read more…
EURGBP reversed from long-term resistance level 0.9200 Likely to fall to support level 0.8800 EURGBP falling after the pair reversed down from the powerful long-term resistance level 0.9200 (which has been reversing the price from Read more…
EURCAD broke resistance level 1.3300 Likely to rise to resistance level 1.3500 EURCAD currency pair rising strongly after the breakout of the resistance level 1.3300 (top of wave (i) from the middle of September) intersecting Read more…
The electric vehicle manufacturer is holding its Artificial Intelligence Day, or AI Day, on September 30. Elon Musk has accustomed his millions of fans to great promises. He hasn’t been shy about promising self-driving vehicles Read more…
The billionaire is alarmed by a problem that worries and scares away advertisers. Elon Musk is one of the most influential personalities on social media. The billionaire CEO of Tesla (TSLA) – Get Tesla Inc. Read more…