Daily Pivots: (S1) 0.9295; (P) 0.9338; (R1) 0.9363; More…. USD/CHF’s pull back from 0.9459 is in progress. Intraday bias stays on the downside for 55 day EMA (now at 0.9248). On the upside, above 0.9381 Read more…
Daily Pivots: (S1) 118.62; (P) 119.01; (R1) 119.55; More… USD/JPY’s rally is still in progress and intraday bias stays on the upside. Current up trend should target 100% projection of 109.11 to 116.34 from 114.40 Read more…
The Costco warehouse club has more than $12 billion in its war chest. Costco (COST) – Get Costco Wholesale Corporation Report always plans for a rainy day. While the warehouse club steadily expands and returns Read more…
Daily Pivots: (S1) 1.3127; (P) 1.3162; (R1) 1.3213; More… Intraday bias in GBP/USD remains neutral at this point. Some more consolidation could be seen. On the downside, break of 1.2999 will resume larger down trend Read more…
The forex markets are mixed in rather quiet trading today. Swiss Franc apparently stronger but there isn’t much follow through buying yet. Euro could be turning weaker again but it has to dip more to Read more…
All eyes are on this new game’s explosive sales. Inventing the next huge video game franchise (also known as intellectual properties, or IP) is the elephant in just about every major publisher’s boardroom. Of course, Read more…
Nike will need to navigate a host of near-term risks, particularly in China, as it moves into the second half of a challenging year for the sports apparel giant. Updated at 9:40 am EST Nike Read more…
Atlanta Fed President Raphael Bostic said, “I penciled in six rate hikes for 2022 and two more for 2023,” “I recognize that I am toward the bottom of the distribution relative to my colleagues, but Read more…
The Canadian dollar is coming off its best week of the year, in which it gained 1.14%. The currency has posted slight gains on Monday, dropping below the 1.26 line for the first time since Read more…
Tech investors that have been patiently waiting for a decent pullback have gotten more than they bargained for thus far in 2022. With many of the former leaders in the sector facing heavy selling pressure Read more…