Intraday bias in GBP/JPY remains neutral for the moment. On the upside, above 211.25 will target 38.2% retracement of 219.56 to 207.06 at 211.83. Break there will target 61.8% retracement at 214.78. Nevertheless, firm break Read more…
Intraday bias in EUR/JPY remains neutral for the moment. On the upside, above 38.2% retracement of 187.93 to 181.68 will target 61.8% retracement at 184.06 next. Nevertheless, firm break of 177.82 will extend the decline Read more…
Intraday bias in EUR/GBP stays neutral and outlook stays bearish. On the downside, break of 0.8551 support will indicate that corrective bounce from 0.8453 has completed, and bring retest of this low first. However, sustained Read more…
Intraday bias in EUR/AUD remains neutral, and further decline is expected with 1.6258 support turned resistance intact. On the downside, decisive break of 1.6072/6108 will resume the whole down trend from 1.8554 high. Next target Read more…
America is heading toward a nursing home crisis: as the 80+ population surges, the number of nursing homes keeps shrinking—driven by staffing shortages, low wages, high turnover, immigration pressures, and looming Medicaid cuts. In this Read more…
EUR/CHF is still bounded in range below 0.9478 and intraday bias stays neutral. In case of another fall, downside should be contained by 38.2% retracement of 0.9094 to 0.9478 at 0.9331 to bring rebound. On Read more…
Bank of England Deputy Governor Dave Ramsden said in a speech to the Money, Macro and Finance Society on Monday that keeping Bank Rate unchanged since March has itself amounted to a tightening relative to Read more…
My wife and I have more than a dozen Mexican restaurants within three miles of our South Florida home. There’s everything from a nice local sit-down chain to taco trucks, informal taquerias, a few bodegas Read more…
Gold fell over 3% in sharp acceleration on Monday after President Trump rejection of Iran’s proposal for easing tensions in the region and re-opening Straight of Hormuz, lifted oil prices and fueled inflation fears, boosting Read more…
Rising Treasury yields and oil prices are supporting the dollar. The greenback’s rivals have their own vulnerabilities, which are preventing them from strengthening. The US dollar opened the week with a gap up following a Read more…