Daily Pivots: (S1) 1.4567; (P) 1.4632; (R1) 1.4729; More… EUR/AUD’s break of 1.4804 mnor minor argues that fall from 1.5327 is completed at 1.4533 already. Intraday bias is back on the upside for 1.5327 resistance. Read more…
Gold dives sharply on some progress in the negotiation between Russia and Ukraine. It’s report that Ukrainian negotiators proposed a status under which it would not join alliances or host bases of foreign troops. Russia Read more…
Mexican fast-food chain Taco Bell brings back a menu item it hasn’t featured since 2016. Taco Bell has more menu upheaval than many fast-food chains. The Yum Brands (YUM) – Get Yum! Brands, Inc. Report Read more…
WTI crude oil’s break of 109.03 support earlier this week argues that rebound from 93.98 has completed at 118.57 already. Fall from there is seen as the third leg of the corrective pattern from 131.82. Read more…
ECB Governing Council member Robert Holzmann said, “an increase to the deposit rate to zero by the end of the year would be important for monetary policy because it increases optionality.” “If, towards the end Read more…
Elon Musk’s group, which dominates the electric vehicle market, has just won a victory that could cost its rivals hundred of millions of dollars. Tesla (TSLA) – Get Tesla Inc Report dominates the electric vehicle market, Read more…
ECB Chief Economic Philip Lane said in an interview, “right now, clearly inflation is a huge issue across Europe, absolutely.” But he added, “this essentially is an imported inflation shock, it’s a supply shock… we Read more…
Stock markets across Europe are rallying on Tuesday, buoyed by positive noises coming from Turkey where Ukraine and Russia may be nearing a ceasefire agreement. While there are reportedly still plenty of gaps in the Read more…
Daily Pivots: (S1) 122.26; (P) 123.68; (R1) 125.33; More… Intraday bias in USD/JPY remains neutral for consolidation below 125.09 temporary top. But downside should be contained by 121.17 minor support to bring another rally. On Read more…
Daily Pivots: (S1) 0.9304; (P) 0.9343; (R1) 0.9385; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, break of 0.9374 minor resistance will suggest that the pull back from 0.9459 has Read more…