Daily Pivots: (S1) 127.34; (P) 127.70; (R1) 128.25; More… USD/JPY’s correction from 131.34 is still in progress. Deeper fall could be seen to 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86). But Read more…
Daily Pivots: (S1) 0.9607; (P) 0.9679; (R1) 0.9728; More… USD/CHF’s fall form 1.0063 is still in progress. Intraday bias stays on the downside for 55 day EMA (now at 0.9595) and below. But downside should Read more…
The CEO of Tesla has recently been very involved in politics. Elon Musk is an unconventional CEO. The chief executive of Tesla (TSLA) – Get Tesla Inc Report recently decided that meddling in political affairs Read more…
Daily Pivots: (S1) 1.0602; (P) 1.0650 (R1) 1.0739; More… EUR/USD’s rise from 1.0348 short term bottom is still in progress. Intraday bias remain son the upside. Firm break of 55 day EMA (now at 1.0760) Read more…
MTN DEW veterans will remember this one. Unless you’re a card-carrying member of the Mountain Dew fandom, you probably have no idea how much it adores certain special edition flavors of the classic soda. So Read more…
Daily Pivots: (S1) 1.2509; (P) 1.2555; (R1) 1.2633; More.. GBP/USD is staying in range of 1.2329/2637 and intraday bias remains neutral at this point. Considering bullish convergence condition in 4 hour MACD, break of 1.2637 Read more…
Sterling fall broadly today after much worse than expected PMI data raises concerns of recession ahead. On the other hand, Euro jumps as ECB officials continued to talk up July rate hike, while PMI data Read more…
Gold has added for the fifth consecutive trading session – the longest streak since early April. Intraday yesterday gold reached $1865, having retreated to $1860 now. Although Gold’s prolonged rise in early April turned into Read more…
“Snap disaster likely pushes Musk one step closer to the door or lower deal price in eyes of Street,” said Wedbush analyst Dan Ives. Twitter (TWTR) – Get Twitter, Inc. Report shares slumped lower Tuesday, providing Read more…
Another term for dead-cat bounce is sucker’s rally because investors are lured into believing that a rise in prices will be prolonged. Canva What Is a Dead-Cat Bounce? A dead-cat bounce is a brief rise Read more…