EUR/GBP breached 0.8491 key support last week but quickly recovered. Initial bias stays neutral this week first. Further decline is expected as long as 55 D EMA (now at 0.8553) holds. Decisive break of 0.8491/7 Read more…
Considering bearish divergence condition in D MACD, EUR/CHF might have formed a medium term at 0.9928 with last week’s steep decline. Risk will now stay mildly on the downside as long as 0.9928 resistance holds, Read more…
Carl Icahn loves working. Which means he is always game for a speculation that usually results in a profit. The long-time activist investor (sometimes known as a corporate raider) has acquired a stake in gaming Read more…
U.S. Highlights Revisions to economic growth in the first quarter featured a mark down to consumer spending. That theme continued in April, where a contraction in real personal consumption expenditures came as a confirmation that Read more…
Summary United States: May-laise Markets digested a light lineup of economic data on the holiday-shortened week. The second look at first quarter GDP revealed an economy increasingly pressured by high interest rates as headline growth Read more…
Nike is on the forefront of the rise of women’s basketball. The apparel brand has endorsement deals with top WNBA stars such as Sabrina Ionescu and is set to launch signature shoes for A’ja Wilson Read more…
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