Good night The absence of expectations results in the reduction of disappointments.
D1 price is on primary bearish breakdown which is started today on open daily bar: the price is crossing 16.05 support levelSinkou Span A line (which is the virtual border between the primary bullish and the primary bearish on H1/H4/D1/W1/MN charts) was crossed by the price on close D1 bar for the reversal of the price movement to the bearish market conditionChinkou Span line of Ichimoku indicator is showing next good breakdown possibilities in the near future for this ...
JP Morgan's EUR/USD forecast profile is unchanged this month and continues to show a slower decline for the rest of the year, after an unprecedented -11% drop in Q1. JPM's Quarter-end targets are 1.07 in Q2, 1.06 in Q3 and 1.05 in Q4. "Downside targets would be more aggressive were it not for the US dollar’s valuation problem and the Fed’s gradual pushback on a strong currency," JPM argues. "Based on JPM’s expectations that ...
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Fed’s John Williams: Timing of Rate Rise Is Overrated (Upshot)Big Oil Is About to Lose Control of the Auto Industry (Bloomberg) see also Low Prices Cool Boom in U.S. Oil Production (WSJ)Shilling: Where Have All the Consumers Gone? (BV)Did macro theory fail us in the crisis? (Noahpinion) see also Forecasting vs. Explaining (Stumbling and Mumbling)Actual words my coworkers have said to me, a woman in tech (Quartz)Volcker: Meaningful ...
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