“We are focused on the success of our streaming business and the return it generates for our shareholders long into the future,” said CEO Bob Iger. Walt Disney (DIS) – Get Free Report shares surged higher Read more…
Stock futures higher, dollar retreats, as inflation fears recede; Disney shares surge as Iger cleans house at House of Mouse; PepsiCo earnings on deck as consumer demand fades; Mattel shares plunge after earnings miss, grim Read more…
AUDUSD established a bullish setup around its 50-day simple moving average (SMA), aiming to recover last week’s rapid downfall. Specifically, the pair has completed a large green candlestick following a doji candlestick earlier this week, pointing to Read more…
WTI crude oil futures’ price is gaining some ground after the strong bounce off the lower boundary of the trading range of 72.45-82.60. The price is battling with the 20- and the 50-day simple moving averages (SMAs) Read more…
The Euro is holding a bit firmer footing in early European trading on Thursday after dollar failed to benefit more from recent hawkish comments from Fed officials. Fresh strength might be generating an initial reversal Read more…
As a few weeks ago, XAGUSD suggests the construction of a global triple zigzag consisting of cycle waves w-x-y-x-z. The 1H timeframe shows the marking of the second intervening wave x, which may soon be Read more…
WTI crude edges higher over smaller-than-expected US inventories. A bounce off the daily demand zone around 73.00 indicates that sentiment has stabilised for now. A bullish RSI divergence showed a slowdown in the bearish drive, Read more…
The Canadian dollar softens as risk appetite ticks lower with US Treasury yields near one-month highs. On the daily chart, the US dollar’s bounce near November’s lows at 1.3260 has kept it in the triangle Read more…
The US dollar remains supported by Powell ‘s comment that rates will stay higher for a while. The choppy action on the daily chart is a sign of compression as both sides wrestle for the Read more…
US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. Hawkish roundup Fed President Jerome Powell Read more…