The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release. The high impacted news events for the next week are the following: - United Kingdom Claimant Count Change, and - United Kingdom Retail Sales. more...
The Australian Dollar finished higher last week after US inflation data excited markets and sent the US Dollar lower, lifting AUD/USD. Will the US Dollar dominate AUD/USD? The daily price broke Ichimoku cloud to above for the primary daily bullish reversal. The price is testing resistance level at 0.7135 to above for the bullish trend to be continuing. more...
Microsoft’s stock (NASDAQ: MSFT) has lost approximately 16% YTD as compared to the 14% drop in the S&P500 index over the same period. The weekly price broke yearly Pivot level to below for the primary weekly bearish reversal: the price was bounced from the first pivot support level to above for the secondary rally to be started. The key level for the possible bullish trend to be resumed is 299.50 as the yearly pivot level now. more...
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