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Category: Cryptocurrencies

Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8727; (P) 0.8754; (R1) 0.8780; More…. USD/CHF’s rebound from 0.8655 is in progress and intraday bias stays on the upside for 0.8886 support turned resistance first. Decisive break there will indicate that Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2554; (P) 1.2584; (R1) 1.2622; More… GBP/USD’s fall from 1.2731 short term top resumed after brief recovery. Intraday bias is back on the downside for 55 D EMA (now at 1.2437). Sustained Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Top Tesla bull says it’s too early to include robotaxis in its valuation

Ark Invest’s thesis for Tesla  (TSLA) – Get Free Report — which has the stock trading at $2,000 a share by 2027 — is based largely on the firm’s predicted value of the company’s Full Self-Driving Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0760; (P) 1.0788; (R1) 1.0822; More… EUR/USD’s fall from 1.1016 resumed after brief recovery, and intraday bias is back on the downside. Sustained trading below 55 D EMA (now at 1.0770) will Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Dollar Rallies on Strong US Employment Data

Dollar jumps in early US session, buoyed by a robust set of employment data. headline job growth exceeded expectations, narrowly missing 200k mark, while unemployment rate showed a decline. This data suggests a still-tight job Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Jobs report surprise shows solid November hires as unemployment eases to 3.7%

Updated at 9:21 AM EST The U.S. economy added another surprisingly strong number of new jobs last month, official data indicated Friday, as labor-market resilience continues to test Wall Street bets on spring interest-rate cuts Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

US NFP grows 199k, unemployment rate down to 3.7%

US Non-Farm Payroll employment grew 199k in November, slightly above expectation of 190k. That was below the average monthly gain of 240k over the prior 12 months. Unemployment rate fell from 3.9% to 3.7%, below Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Tesla lower as Bernstein touts shorting stock as ‘best idea’ for 2024

Updated at 8:45 AM EST Tesla  (TSLA) – Get Free Report shares edged lower in early Friday trading after analysts at Bernstein published a report that promoted shorting the carmaker’s stock as their best investment idea Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

EURUSD Retains Short-Term Negative Trend

EURUSD trims recent gains ahead of US jobs data Short-term downward trajectory stays intact Bulls need a clear bounce above 1.0800 EURUSD could not sustain gains above the 1.0800 number and its 20- and 200-period Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Huge global coffee supplier seeks sale in Chapter 11 bankruptcy

Financial difficulties have forced coffee companies into bankruptcy and sometimes out of business in recent years.  Defunct Seattle-based coffeehouse chain Tully’s filed for Chapter 11 bankruptcy in January 2013 and its subsequent owner Global Baristas Read more…

By , 3 years ago December 8, 2023

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