AUD/USD is staying in range of 0.6977/7087 and intraday bias remains neutral. On the downside, break of 0.6977 will resume the fall from 0.7277 towards 0.6832 support. On the upside, break of 0.7087 will bring Read more…
USD/CAD’s rally resumed after brief consolidation and accelerates higher today. Intraday bias is back on the upside for 61.8% retracement of 1.4791 to 1.3480 at 1.4290 next. On the downside, below 1.4023 minor support will Read more…
Rapid weight‑loss drugs like GLP‑1s are changing lives — and health care — but there’s an often‑overlooked psychological cost. In this interview, Thomas Rutledge, PhD. explains the “neglected psychology” that can follow dramatic, fast body Read more…
GBP/JPY’s steep decline and break of 212.90 support argues that rebound from 210.43 has already completed. Intraday bias is back on the downside for 211.23 support first. Firm break there will target 210.43. On the Read more…
Intraday bias in EUR/JPY is back on the downside with current steep decline. Break of 183.95 will argue that rebound from 182.01 has completed, and bring deeper fall back to this support. On the upside, Read more…
EUR/GBP rebounded notably today but stays below 0.8680 resistance. Intraday bias stays neutral at this point. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. However, on the Read more…
Consumers are struggling to put food on the table these days. And it’s easy to see why. In May, grocery prices rose 2.7% on an annual basis, according to the Consumer Price Index. And as Read more…
EUR/AUD gyrated lower today but stays above 1.6334 minor support. Intraday bias stays neutral and further rise will remain in favor as long as 1.6334 minor support holds. Above 1.6516 will resume the rebound from Read more…
EUR/CHF recovered notably today but stays below 0.9234 temporary top. Intraday bias remains neutral and more sideway consolidations could be seen. But further rally is still expected as long as 0.9155 support holds. On the Read more…
The Bank of England left Bank Rate unchanged at 3.75%, as widely expected, but the vote split and accompanying statement underscored that the debate within the Monetary Policy Committee remains firmly tilted toward inflation risks. Read more…