Chipmakers Intel and Nvidia got a boost Thursday after Samsung Electronic forecast its strongest quarterly profits in four years. Samsung Electronics shares surged higher in South Korea trading Thursday after the world’s biggest chipmaker, and Read more…
GBPUSD edged higher to fully recoup yesterday’s soft decline after news the British Prime Minister Boris Johnson will resign later in the day. The short-term outlook, however, is still discouraging as the bearish trend is well intact below Read more…
The recent selloff in GBP/USD has stalled and the pound is attempting a move higher despite news that Boris Johnson plans to resign and will make a speech later today. The move by Boris Johnson Read more…
GameStop will pay a three-share dividend to investors on July 21, with the stock trading on a split-adjusted basis the following day. GameStop (GME) – Get GameStop Corporation Report shares surged higher Thursday after the money-losing Read more…
Stock futures nudge higher after Fed minutes; Samsung posts strongest quarterly profit in four years; Seagen shares jump on report of $40 billion takeover by Merck; GameStop share surge after 4-for-1 stock split plans and Read more…
AUDUSD is showing some improvement after the selling interest towards the two-year low of 0.6760. The pair may reach oversold levels according to the RSI and reversed higher just before posting a lower low. While the aforementioned Read more…
WTI oil futures (August delivery) are set to conclude their worst week since March, having plummeted by nearly 10% below trendlines and simple moving averages (SMAs) to hit a three-month low of $95.15/ barrel on Read more…
EUR/USD The single European currency continues to lose ground against the U.S. dollar, with the bears breaching the support at 1.0237 in the past trading session and reaching levels last recorded two decades ago. The Read more…
Markets Markets yesterday still faced conflicting signals as they tried to assess the mutual interference between growth and inflation. The outright (European) recession panic that dominated trading earlier this week eased even as there was Read more…
Short term Elliott Wave view in Oil suggests the decline from 123.77 did 5 waves down ended an impulse as wave ((a)) at 101.56. Then market bounced building a corrective structure and ended wave ((b)) Read more…