Real Estate Market: Pre and Post COVID-19 Bubble Concerns

Daily Pivots: (S1) 159.94; (P) 161.21; (R1) 162.53; More…. Intraday bias in EUR/JPY remains on the downside for the moment. Current development suggests that corrective rebound from 154.40 has completed with three waves up to 166.67. Deeper fall would be seen to 155.14 support next. For now, risk will stay on the downside as long…

On Wednesday, US stock indices closed in the red amid the escalating conflict in the Persian Gulf. By the end of the trading session, the Dow Jones (US30) fell by 0.61%. The S&P 500 (US500) decreased by 0.08%, while the technology-heavy NASDAQ (US100) edged up by 0.03%. The primary trigger for the decline was new…

Late Thursday night (5 February), Ashley asked me in the forum for my thoughts on the EUR/NZD. Technically, the pair had everything going for a short, but it was a bit too late in the week for my liking. I generally avoid taking new trades right before the weekend—especially when my P&L is already up….

The escalating conflict has paralyzed energy production and shipping throughout the Middle East, most notably in the Strait of Hormuz, which facilitates approximately one-fifth of the world’s oil supply. In a significant move, Qatar suspended all liquefied natural gas (LNG) production at its major facilities, including Ras Laffan, following drone attacks. Because Qatar accounts for…