EURAUD is trying to overcome the 50.0% Fibonacci retracement level of the down leg from 1.6220 to 1.4320 at 1.5270 which halted the bullish movement several times in the preceding sessions. The RSI indicators is Read more…
Repeated failure at the base of a daily cloud and subsequent drop on Tuesday (0.6%) that registered a marginal close below 10DMA (1.0537) generated initial signal of recovery stall, though the action on Wednesday is Read more…
Stock Futures Lower on Recession Concerns; Tesla Shares Slide Amid Reports of California Layoffs; Disney Shares Get Bump As Board Extends CEO Bob Chapek; Pinterest Shares Leap As CEO Ben Silbermann Makes Way For Former Read more…
The manufacturer of premium and high-end electric vehicles became the most profitable American carmaker in the first quarter of 2022. Tesla (TSLA) – Get Tesla Inc. Report leaves only crumbs to its rivals. The automotive industry Read more…
The semiconductor manufacturer is going through a difficult time marked by questions about the demand for its graphics cards. The list of difficulties for Advanced Micro Devices (AMD) (AMD) – Get Advanced Micro Devices Inc. Read more…
Eurozone Economic Sentiment Indicator dropped from 105.0 to 104.0 in June. Employment Expectation Indicator dropped from 112.6 to 110.9. Economic Uncertainty Indicator rose from 23.4 to 24.8. Industry confidence rose from 6.5 to 7.4. Services Read more…
Cleveland Fed President Loretta Mester told CNBC today, “if conditions were exactly the way they were today going into that meeting (in July) — if the meeting were today — I would be advocating for Read more…
Photo by Mohssen Assanimoghaddam/picture alliance via Getty Images Brazil’s telecoms regulator Anatel has launched a public consultation on a proposal to make USB-C chargers mandatory for all smartphones sold in the country. It’s the latest Read more…
The EURCHF remains in firmly red and hits the lowest since March 7 on Wednesday, with parity level being in focus. The Swiss franc continues to benefit from the recent shift in the Swiss National Read more…
EURGBP has been marching higher since its downtrend ceased at the 0.8510 region, generating a profound structure of higher highs and higher lows. Nevertheless, in the last few four-hour sessions, the pair has been trading Read more…