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Month: July 2024

Cryptocurrencies

USD/CAD Weekly Outlook

USD/CAD fell to 1.3602 last week but recovered ahead of 1.3589 support. Initial bias remains neutral this week first. Corrective pattern from 1.3845 could still extend. Break of 1.3589 will target 100% projection of 1.3845 Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

EUR/CHF Weekly Outlook

EUR/CHF’s rebound from 0.9476 extended to as high as 0.9754 last week and turned sideway since then. Initial bias remains neutral this week first for consolidations. Deeper retreat might be seen but further rise is Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

EUR/GBP Weekly Outlook

EUR/GBP edged higher to 0.8498 last week, but failed to break through 55 D EMA (now at 0.8500) and retreated. Initial bias remains neutral this week first. On the upside, sustained trading above 55 D Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

EUR/AUD Weekly Outlook

EUR/AUD stayed in consolidation above 1.5996 last week and outlook is unchanged. Initial bias stays neutral this week first, but outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

EUR/JPY Weekly Outlook

EUR/JPY’s up trend continued to 174.50 last week but turned sideway since then. Initial bias is neutral this week for some more consolidations first. On the upside, firm break of 174.50 will target 138.2% projection Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

GBP/JPY Weekly Outlook

GBP/JPY’s up trend continued last week and hit as high as 206.42. Initial bias is on the upside this week for further rally. Firm break of 100% projection of 191.34 to 200.72 from 197.18 at Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

Pound Outshines as Dollar Sinks, Yen Stabilizing

The past week marked a significant downturn for Dollar, which found itself at the bottom of the currency performance chart. A slew of unfavorable economic reports has highlighted the tangible effects of sustained high interest Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

Something’s gotta give in this summer’s whackadoodle market

The stock market looks great overall, maybe too great.  Thanks to frenzied investors who crave all things tech, the S&P 500, the Nasdaq Composite and the Nasdaq-100 indexes all closed the week at record highs.  Read more…

By , 2 years ago July 7, 2024
Cryptocurrencies

Hedge fund manager highlights gold mining stock as top pick

Speaking exclusively with TheStreet, Hedge fund manager Jeff Muhlenkamp highlighted Newmont (NEM) as his single best trade. Muhlenkamp described Newmont as a compelling investment with significant upside potential in the current economic climate. He also cited the company’s Read more…

By , 2 years ago July 6, 2024
digital

Epic says its EU iOS app store is approved but that Apple wants a change

Illustration: Alex Castro / The Verge The Epic Games Store app for EU iPhones has passed Apple’s notarization process, putting the alternative app store a step closer to selling apps directly to iOS users outside Read more…

By , 2 years ago July 6, 2024

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