No change in EUR/GBP’s outlook and intraday bias stays neutral for the moment. On the upside, decisive break of 0.8740 should pave the way through 0.8788 to retest 0.8863 high. Meanwhile, firm break of 0.8610 will revive the case of bearish trend reversal. In the bigger picture, focus is back on 38.2% retracement of 0.8821 […]
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Broadcom reports fiscal second-quarter earnings on June 3. The bar is high. The stock is up 80% over the past year and trades at 37 times forward earnings. One of the most respected semiconductor analysts Read more…
Intraday bias in EUR/USD is turned neutral first with current retreat. On the downside, break of 1.1575 support will resume the fall from 1.1848 to retest 1.1408 low. Above 1.1865 will target 1.1795 resistance. Firm Read more…
Intraday bias in USD/JPY is back on the upside with break of 159.64 temporary top. Rise from 155.01 should continue to retest 160.71 high. Strong resistance should be seen there to bring reversal. On the Read more…