St. Louis Fed president James Bullard said in a presentation, “standard Taylor-type monetary policy rules, even if based on a minimum interpretation of the persistent component of inflation, still recommend substantial increases in the policy Read more…
The average 30-year fixed-rate mortgage soared to a three-year high of 4.67% in the week ended March 31. Rising mortgage rates could lead potential home buyers to shun the market, avoiding exorbitant interest payments. As Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD. The pair has given us nice trading opportunity recently. We have been selling the Read more…
Tesla’s Elon Musk gets ready to kick off his Cyber Rodeo party for his Austin, Texas Gigafactory. So, is Elon going to dance? Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk is letting the Read more…
Subscribing to several streaming services can be costly, but there are ways to lower your monthly bills. Competition among streaming services remains fierce as consumers are seeking the best deal while looking for more original Read more…
US stocks are edging higher after two sessions of steep losses. Jobless claims drop to 166k. US futures Dow futures +0.05 % at 34390 S&P futures +0.06% at 4480 Nasdaq futures +0.14% at 14582 In Read more…
Daily Pivots: (S1) 123.49; (P) 123.77; (R1) 124.07; More… Intraday bias in USD/JPY remains neutral as consolidation from 125.09 is extending. Outlook stays bullish with 121.17 support intact and further rise is expected. On the Read more…
Daily Pivots: (S1) 0.9299; (P) 0.9325; (R1) 0.9358; More…. Intraday bias in USD/CHF stays neutral and focus is still on 0.9380 resistance. Firm break there will indicate that fall from 0.9459 has completed with three Read more…
Daily Pivots: (S1) 1.3040; (P) 1.3074; (R1) 1.3102; More… GBP/USD is staying in consolidation from 1.2999 and intraday bias remains neutral for the moment. Further decline is mildly in favor with 1.3297 resistance intact. On Read more…
Daily Pivots: (S1) 1.0869; (P) 1.0903 (R1) 1.0932; More… EUR/USD is losing some downside momentum as seen in 4 hour MACD, but further decline is expected with 1.0987 minor resistance intact. Deeper decline would be Read more…