Pair’s Outlook USD/JPY is struggling to pass through the formidable resistance at 102.38/16, which is required for a bullish outlook to be confirmed. However, the task is a difficult ... Read More
Pair’s Outlook As the Cable failed to rise above the weekly PP yesterday, it extended the decline from 1.70, closing in the end near the weekly S1 and monthly ... Read More
Pair’s Outlook Despite the toughness of the support at 1.3754/25 (it was formed by the 100-day SMA, long-term up-trend and monthly S1) and the majority of the monthly indicators ... Read More
Reserve Bank Governor Graeme Wheeler said today when releasing the Bank’s May Financial Stability Report that New Zealand’s financial system remains sound, and well placed to support the expansion in ... Read More
Bitcoin continues to range today as neither the bulls nor the bears are able to take hold of the market. During yesterday’s BTC/USD technical analysis, I posted the following ... Read More
American consumers took a respite from going to malls and restaurants as retail sales climbed less than forecast in April after the strongest gain in four years. The 0.1 ... Read More
Germany’s central bank is willing to back an array of stimulus measures from the European Central Bank next month, including a negative rate on bank deposits and purchases of ... Read More
The U.S. Securities and Exchange Commission has charged three former sales managers at San Diego-based Qualcomm Inc. with insider trading ahead of a major acquisition announcement. The SEC alleges ... Read More
India’s benchmark index surged to a record high Tuesday after exit polls indicated that voters will deliver a mandate to Narendra Modi and the pro-business Bharatiya Janata Party. Mumbai’s ... Read More
China’s industrial-output, investment and retail-sales growth unexpectedly slowed, suggesting the government’s efforts to counter an economic slowdown have yet to gain traction. Factory production rose 8.7 percent in April ... Read More
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