Most financial professionals strongly recommend paying off all debt before retiring on a limited fixed income. Though low-interest debt like a mortgage is more manageable than high-interest credit card debt, it’s difficult for many retirees Read more…
Geopolitical developments dominated global headlines last week, particularly surrounding peace negotiations over Russia’s invasion of Ukraine and evolving US-Ukraine relations. While US President Donald Trump’s tariffs took a backseat, concerns over their impact on consumer Read more…
Range trading continued in EUR/USD last week and outlook is unchanged. Initial bias remains neutral this week first. Price actions from 1.0176 are seen as a corrective pattern only. IN case of further rise, upside Read more…
USD/JPY’s fall from 158.86 resumed by breaking through 150.29 support last week. The development suggests that whole rally from 139.57 has completed with three waves up to 158.86. Fall from there is now seen as Read more…
GBP/USD’s extended rally last week suggests that stronger rise is underway even still as a correction to fall from 1.3433. Initial bias stays on the upside this week for 1.2810 resistance first. Firm break there Read more…
USD/CHF gyrated lower last week as corrective pattern from 0.9200 extended. While deeper decline cannot be ruled out, larger rally is still expected to continue as long as 38.2% retracement of 0.8374 to 0.9200 at Read more…
AUD/USD’s rebound from 0.6087 extended higher last week but lost momentum again just ahead of 38.2% retracement of 0.6941 to 0.6087 at 0.6413. Initial bias is turned neutral this week first. On the downside, firm Read more…
USD/CAD turned into sideway consolidations last week and outlook is unchanged. Initial bias remains neutral this week first and further fall is expected with 1.4378 resistance intact. Decline from 1.4791 is seen as a correction Read more…
GBP/JPY’s decline last week should confirm prior rejection by 55 D EMA (now at 192.44) which is a bearish sign. However, downside is still contained well above 187.04 support. Initial bias remains neutral this week Read more…
EUR/JPY’s steep decline last week confirmed prior rejection by 55 D EMA (now at 160.47), which is a bearish sign. But downside is contained above 155.72 support so far. Initial bias is neutral this week Read more…