Markets: Global (interest rate) markets today were looking for direction after several high profile yield levels were touched earlier this week (3% German 10-y, 5% 30-y US yield). A softer than expected ADP job growth Read more…
Bitcoin in a steady advance, jumping above crucial descending trendline Despite the jump above 28,000, 200-day seems a tough obstacle Death cross points to losses but momentum indicators diverge BTCUSD (Bitcoin) has been forming a structure Read more…
During boom times top brands often buy up-and-coming companies to expand their product offerings. Sometimes that’s an effort by an established company to become a little more hip or latch onto a business that’s different Read more…
Canada’s merchandise trade account registered a $718 million surplus in August after three consecutive months of deficits. This comes after July’s deficit was revised upward to $437 million. Exports increased by a healthy 5.7% month-on-month Read more…
UK Construction PMI declines The British pound has ticked higher on Thursday. In the North American session, GBP/USD is trading at 1.2149, up 0.09%. UK Construction PMI declines The UK Construction PMI fell to 45.0 Read more…
Daily Pivots: (S1) 1.0460; (P) 1.0496; (R1) 1.0540; More… Intraday bias in EUR/USD stays neutral for the moment. Consolidation continues above 1.0447. Outlook will remain bearish as long as 1.0616 resistance holds. Break of 1.0477 Read more…
Daily Pivots: (S1) 0.9134; (P) 0.9183; (R1) 0.9223; More…. Intraday bias in USD/CHF stays neutral at this point. Consolidation is continuing below 0.9243. Near term outlook will stay bullish as long as 0.9089 support holds. Read more…
Daily Pivots: (S1) 148.81; (P) 149.06; (R1) 149.39; More… Intraday bias in USD/JPY stays neutral at this point. Sideway trading could continue below 150.15. On the downside, below 147.28 will turn bias to the downside Read more…
When Unity (U) – Get Free Report first went public, investors were excited about the potential of the dominant videogame developer. The stock, debuting at $75 a share in 2020, quickly hit a high of $175, Read more…
Daily Pivots: (S1) 1.2056; (P) 1.2116; (R1) 1.2196; More… GBP/USD is staying in consolidation above 1.2036 and intraday bias remains neutral for the moment. Outlook will stay bearish as long as 1.2270 resistance holds. Break Read more…