Intraday bias in USD/CHF is turned neutral again with current recovery. Risk is mildly on the downside as long as 0.7898 resistance holds. Break of 0.7760 will confirm resumption of the whole fall from 0.8041, Read more…
Intraday bias in AUD/USD stays mildly on the upside for the moment. Rebound from 0.7076 should extend to retest 0.7277 high first. Firm break there will resume larger up trend. For now, risk will stay Read more…
When an airline faces a financial situation that leaves much to be desired, one option is to stop service for a temporary period in the hopes of saving its resources for a more optimal time. Read more…
USD/CAD recovered after hitting 55 4H EMA but stays below 1.3868 resistance. Intraday bias remains neutral first. Rise from 1.3549 is seen as the third leg of the pattern from 1.3480. Above 1.3868 will target Read more…
Intraday bias in GBP/JPY is back on the upside with break of 214.66. Rise from 210.43 is resuming and should target a retest on 216.58 high. Strong resistance should be seen there to cap upside, Read more…
Economist Dr. David Anderson (Texas A&M) breaks down why U.S. consumer confidence has slipped to levels lower than the late 1970s/early 1980s and what that means for everyday households and the broader economy. Jeffrey Snyder, Read more…
Intraday bias in EUR/JPY remains on the upside at this point. Rise from 182.01 is in progress and should target 187.93 high. Strong resistance would be seen from there to bring reversal, to extend the Read more…
Sideway trading continues in EUR/GBP and intraday bias remains neutral at this point. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. On the upside, break of 0.8728 Read more…
Range trading continues in EUR/AUD and outlook is unchanged. Intraday bias stays neutral. Rise from 1.6108 is seen as the third leg of the corrective pattern from 1.6125. Above 1.6381 will bring stronger rebound to Read more…
EUR/CHF recovered today as range trading continues above 0.9094. Intraday bias stays neutral for the moment. The favored case remains that rebound from 0.8979 should have completed at 0.9264. Break of 0.9094 will bring deeper Read more…