AUD/USD’s break of 0.7440 resistance last week confirmed resumption of rise from 0.6966. Initial bias remains on the upside this week for 0.7555 resistance. Decisive break there should confirm that whole corrective decline from 0.8006 Read more…
USD/CAD’s strong break of 1.2586 support last week confirmed completion of rebound from 1.2448. Initial bias remains on the downside this week. Firm break of 1.2448 will argue that whole corrective pattern from 1.2005 has Read more…
GBP/JPY’s strong break of 158.19 resistance last week confirmed resumption of larger up trend. Initial bias stays on the upside this week. Next target is 61.8% projection of 136.96 to 158.19 from 150.95 at 164.07. Read more…
EUR/GBP dropped sharply to 0.8294 last week but recovered since then. Initial bias is neutral this week first. On the downside, below 0.8294 will resume the fall from 0.8456 to retest 0.8201 low. Firm break Read more…
EUR/AUD’s decline from 1.5327 continued last week and hit as low as 1.4591. In spite of diminishing downside momentum, initial bias stays on the downside this week for 1.4561 support. Decisive break there will resume Read more…
The premium electric vehicle maker is ramping up production volumes to meet demand. Elon Musk and Tesla (TSLA) – Get Tesla Inc Report are determined to take center stage in electric vehicles (EVs). If the competitors Read more…
The CEO of Tesla and SpaceX has become one of Ukraine’s biggest supporters since the unprovoked Russian invasion. Since the unprovoked invasion of Ukraine by Russia on February 24, Elon Musk has established himself as Read more…
At the busy theme park, sometimes the journey can be as much a part of the fun as the destination. If you’ve ever been to Disney World, you’ll know how crucial it is to plan Read more…
EUR/CHF gyrated lower last week but stays above 1.0184 minor support. Initial bias remains neutral this week first. On the downside, break of 1.0814 will indicate that rebound from 0.9970 has completed at 1.0400, ahead Read more…
Yen was once again the runaway loser last week as global benchmark treasury yields, except JGB, surged. BoJ has clearly put a cap in 10-year JGB yield and the result is widening spread and persistent Read more…