EURUSD reversed from resistance level 1.1140 Likely to fall to support level 1.1000 EURUSD currency pair recently reversed down sharply from the key resistance level 1.1140 (former strong support from January). The resistance area near Read more…
American households increased spending by 0.2% in February, compared with a 0.5% rise in income. But this data only looks optimistic at first glance. Americans saved 6.3% of disposable income compared to 6.1% in January. Read more…
AMD stock is beginning to unravel. Here are the must-hold support areas before shares go on to retest the lows. Advanced Micro Devices (AMD) – Get Advanced Micro Devices, Inc. Report hasn’t been trading as well Read more…
Supply Shocks can be positive or negative. JamesReillyWilson from Getty Images Signature; Canva What Are Supply Shocks? How Do They Affect Prices? When something happens to change the availability of a product or commodity, its Read more…
Morningstar analyst Burkett Huey assigns Boeing a wide moat, putting fair value for the stock at $249. Boeing (BA) – Get Boeing Company Report shares haven’t suffered much from the deadly March 21 crash of its Read more…
Both companies received fake requests from hackers posing as law enforcement. Failing to attack the platforms and products of the tech giants, hackers have found a less elaborate way to deceive them. And the trick Read more…
AUDJPY’s latest pullback from the fresh multi-year peak is resting on the red Tenkan-sen line around the 91.00 price level, which is the 23.6% Fibonacci retracement of the up leg from 80.35 until the more Read more…
Asset manager Cathie Wood also continued buying 3D-printing stocks and a crypto stock. Ark recently noted that private stock values are sliding. The prominent asset manager Cathie Wood, chief executive of Ark Investment Management, on Read more…
This will be the final NFP report before the next Fed meeting in early May, where traders are currently split between expecting a 25bps and a 50bps rate hike. NFP insight It’s like a geeky Read more…
Markets ECB chief economist Lane spent most of today’s speech in Paris reminiscing on the ECB’s “successful” monetary policy response to the pandemic. He took the opportunity as net asset purchases under the Pandemic Emergency Read more…