Natural gas reversed from support level 6.500 Likely to rise to 9.000 Natural gas recently reversed up from the strong support level 6.500, coinciding with the 20-day moving average and the 50% Fibonacci correction of Read more…
EURCAD reversed from support level 1.3400 Likely to rise to 1.3600 EURCAD today reversed up from the strong support level 1.3400 (which stopped the previous sharp downward impulse wave 3 at the end of last 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 edition, we are getting technical on GOLD, Read more…
The British pound continues to rally on Tuesday. GBP/USD is trading at 1.2463 in the European session, up 1.15% on the day. UK employment numbers sparkle The tight UK labor market is getting even tighter, Read more…
The Supreme Court sought input from the Department of Justice on a case out of Minnesota about employers covering medical marijuana expenses. The U.S. Supreme Court is considering ruling on a pair of cases out Read more…
That indicates they’re pessimistic about financial markets, as investors often hold cash as an alternative to stocks and bonds. Stocks and bonds have tumbled this year, and fund managers apparently feel that more trouble could Read more…
Cryptocurrency prices undermined by fears of recession. Tokens, which are supposed to reduce volatility, are collapsing. Crypto investors no longer know where to turn. Crypto pricing is now correlated with the stock market, which means Read more…
The US 500 stock index (Cash) is being curbed by the Ichimoku cloud after the index unearthed positive traction around a 13½-month low of 3,858, just shy of the March 2021 trough of 3,853. The Read more…
Anyone who is worried about the effects that inflation will have on household spending can take a deep breath for another month as April’s Retail Sales data continued to be strong. The headline Retail Sales Read more…
Burger chain Shake Shack is launching some new dairy-free dessert items. The future, or at least a part of it, is dairy-free, and many fast-food and fast-casual chains are adapting their menus to feature more alternative milks Read more…