GBPCHF reversed from resistance level 1.1530 Likely to fall to support level 1.1330 GBPCHF recently reversed down from the powerful resistance level 1.1530 (former double bottom from July), strengthened by the upper daily Bollinger Band Read more…
EURGBP reversed from support level 0.8580 Likely to rise to resistance level 0.8670 EURGBP recently reversed up from the key support level 0.8580 (which has been reversing the price from the start of September), standing Read more…
This morning saw the GBP/USD bounce off its lows as the buyers stepped in to defend the 200-day average (1.2130ish) after a two-day decline. But the growing macro risks in the UK suggests this might Read more…
The bankruptcy of the cryptocurrency exchange will have long-lasting effects on the crypto industry. It will take years to understand all the consequences of the bankruptcy of Sam Bankman-Fried’s cryptocurrency empire. According to ratings agency Read more…
Wall Street is looking at a five-day losing streak for the S&P 500 as recession fears mount amid slowing growth forecasts and a hawkish Federal Reserve. U.S. equity futures edged lower Wednesday as investors looked Read more…
The online used-vehicle dealer is on track to drop below $1 billion in market capitalization. What a difference a year makes. Carvana, a market and hedge fund darling just over a year ago, is now Read more…
With short-sellers extending bets on its demise, video game demand slumping and its recent partnership with FTX now in shreds, GameStop faces a tough road ahead. GameStop (GME) – Get Free Report shares bumped higher Wednesday ahead Read more…
The Canadian dollar has edged lower on Wednesday. In the European session, USD/CAD is trading at 1.3686, up 0.25%. December has started on the wrong foot, as the Canadian dollar is yet to post a Read more…
“We remain committed to investing in our strategic growth imperatives, enhancing returns and delivering long-term shareholder value,” said CEO Marvin Ellison. Lowe’s Companies (LOW) – Get Free Report unveiled a new $15 billion share buyback plan Read more…
Last month, China’s harsh lockdown measures negatively impacted foreign trade. Exports fell by 8.7% YoY; imports lost 10.6% YoY. Economists, on average, were expecting half the rate of decline. Trade surplus shrank to $69.84B in Read more…