Intraday bias in AUD/USD remains neutral for the moment. More consolidations could be seen above 0.6864. Further fall is expected as long as 0.6977 support turned resistance holds. Below 0.6864 will target 0.6832 support. Firm Read more…
USD/CAD is staying in consolidations below 1.4247 and intraday bias remains neutral. Deeper pullback cannot be ruled out. But downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from Read more…
Intraday bias in GBP/JPY remains on the upside as this point. Sustained trading above 216.58 will extend larger up trend and target 220.90 fibonacci projection. For now, risk will stay on the upside as long Read more…
Range trading continues in EUR/JPY and intraday bias remains neutral. On the upside, break of 186.30 will resume the rebound from 182.01 to retest 187.93 high. On the downside, break of 183.14 will target 182.10 Read more…
Intraday bias in EUR/GBP remains on the downside for 61.8% retracement of 0.8221 to 0.8863 at 0.8466. On the upside, above 0.8573 minor resistance will turn bias neutral first. But risk will stay on the Read more…
Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Further rise is in favor as long as 1.6306 support holds. Above 1.6617 will extend the rebound from 1.6108 towards 1.6842 key structural resistance. However, Read more…
T-Mobile is shutting down a service it has offered customers for 35 years. The move comes as the carrier has recently been phasing out older offerings across its wireless lineup. For example, earlier this month, Read more…
European Central Bank Governing Council member Fabio Panetta said the Eurozone economy continues to face a delicate balance between persistent inflation risks and weakening growth, arguing that policymakers should avoid committing to any predetermined path Read more…
Microsoft’s (MSFT) latest restructuring just sent a painful message to employees and investors at the same time. The company is tightening its workforce again as it looks to manage weaker pockets of the business while Read more…
The Fed’s rate hike expectations limit gold’s rally potential. Capital inflows into ETFs and central bank purchases are supporting the gold price. The US dollar failed to capitalise on the escalation of the conflict in Read more…