Daily Pivots: (S1) 0.9956; (P) 1.0003; (R1) 1.0076; More…. Intraday bias in USD/CHF remains on the upside at this point. Current rally would extend to next medium term projection level at 1.0306. On the downside, Read more…
Daily Pivots: (S1) 1.2158; (P) 1.2207; (R1) 1.2248; More.. Intraday bias in GBP/USD remains on the downside at this point. Current down trend should target 200% projection of 1.3641 to 1.2999 from 1.3297 at 1.2013 Read more…
Daily Pivots: (S1) 1.0313; (P) 1.0421 (R1) 1.0488; More… Intraday bias in EUR/USD stays on the downside at this point. Decisive break of 1.0339 long term support will carry larger bearish implication and target 161.8% Read more…
Overall, the forex markets are rather quiet as the week is heading to a close. EUR/USD is still holding above 2017 low but lacks any strength for a recovery. The greenback might still have a Read more…
Gold’s decline resumes after brief support from 100% projection of 2070.06 to 1889.79 from 1998.23 at 1817.86. It’s now taking on 1800 handle and there is no clear sign of bottoming yet. Further fall is Read more…
Elon Musk, billionaire and executive of multiple companies, is in the process of acquiring the opinion-shaping social network Twitter. Since Elon Musk on April 14 announced a $54.20-a-share, or $44 billion, bid to acquire the social-network Twitter Read more…
Additional paid-in capital is used in calculating the amount that investors paid to receive shares in a company. Canva What Is Additional Paid-In Capital? Additional paid-in capital is a journal entry on the balance sheet Read more…
The euro has stabilized on Friday, after a dreadful Thursday in which EUR/USD fell 1.26%. Russian announces sanctions The euro continues to struggle and is trading at lows last seen in January 2017. The Ukraine Read more…
The British pound can’t seem to find its footing. GBP/USD hasn’t had a daily winning session since May 4th and closed on Thursday below the 1.22 line, for the first time since May 2020. In Read more…
The Euro is consolidating within a tight range on Friday after a 1.3% drop previous day, as oversold daily studies warn of price adjustment, which is likely to be limited as overall bearish bias is Read more…