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Month: July 2024

Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.96; (P) 153.85; (R1) 154.59; More… No change in USD/JPY’s outlook and intraday bias remains neutral for consolidation above 151.93. Further decline is expected as long as 155.36 support turned resistance holds. Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8812; (P) 0.8828; (R1) 0.8853; More… No change in USD/CHF’s outlook and intraday bias stays neutral for consolidations above 0.8776 temporary low. Further decline is expected as long as 0.8923 resistance holds. Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… GBP/USD’s fall from 1.3043 extends lower today and intraday bias is back on the downside with break of 1.2859 resistance turned support. Decisive break of 55 Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0855; (R1) 1.0869; More….. EUR/USD’s fall from 1.0947 resumed by breaking 1.0825 temporary low and intraday bias is back on the downside. Sustained break of 55 D EMA (now at Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

Dollar Rally Gains Momentum as European Majors Falter

Dollar’s rally is gaining significant traction today, as major European currencies face increasing selling pressure. The break of last week’s lows in both EUR/USD and GBP/USD pairs suggests that the greenback’s rise is poised to Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

Key retailer nears Chapter 11 bankruptcy ‘worst-case scenario’

When a company files Chapter 11 bankruptcy it puts itself at the mercy of the court, its lenders, and its creditors. It may enter the proceedings with a clear plan, but if any of those Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

A key Walmart partnership has ended and customers won’t be happy

Most retail chains offer ways for insiders to save more money. That usually comes at a price, Costco  (COST) , for example, offers its Executive membership at twice the price of its basic Gold membership, Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

Nikkei rebounds on short covering, but downside threats remain

Nikkei rebounded strongly during Asian session, closing up by more than 800 points or 2.13%. This marked the index’s first day of gains in nine sessions, following a three-month low last week. The stabilization in Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

Carnival Cruise Line solves an embarrassing passenger problem

Cruise ships have tight quarters and cabins are sometimes shared by parents and their older children, friends, or other people who may not be comfortable changing in front of each other. That can lead to Read more…

By , 11 months ago July 29, 2024
Cryptocurrencies

Restaurant chain closing more locations in Chapter 11 bankruptcy

Surviving a Chapter 11 bankruptcy requires the support of vendors, lenders, and creditors. In some cases, however, various parties can have issues with the court-approved deal and not fully derail the process. That could mean Read more…

By , 11 months ago July 29, 2024

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