Daily Pivots: (S1) 0.9158; (P) 0.9181; (R1) 0.9213; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. More sideway trading could be seen. Choppy rise from 0.8925 would still be in favor to Read more…
Daily Pivots: (S1) 1.3272; (P) 1.3355; (R1) 1.3407; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Further decline is expected with 1.3485 support turned resistance intact. On the downside, break of 1.3272 Read more…
Detroit auto giant GM had invested in the cash-strapped EV startup Lordstown. Things don’t seem to be looking up for cash-strapped electric vehicle startup Lordstown Motors (RIDE) – Get Lordstown Motors Corp. Class A Report Read more…
Daily Pivots: (S1) 1.1065; (P) 1.1149; (R1) 1.1208; More… Intraday bias in EUR/USD remains on the downside at this point. Current fall is part of the down trend from 1.2348. Next target is 61.8% projection Read more…
Market sentiment stabilized a bit on reports that Russia a suggests to hold another round of peace talks with Ukraine, while Vladimir Putin’s forces continue to shell multiple crowded Ukrainian cities. Stocks are recovery but Read more…
Ford, F speeding its move into electric vehicles, will split its operations into two divisions, one for its EVs and one for its gasoline cars. Ford, (F) – Get Ford Motor Company Report speeding its move Read more…
US ADP private employment grew 475k in February, above expectation of 320k. By company size, small businesses lost -96k jobs, medium added 18k while large businesses added 522k. By sector goods-producing jobs rose 57k and Read more…
Cable probed below 1.33 mark and cracked 2022 low (1.3272) posted on Feb 24 when war in Ukraine started but failed to sustain break and holding above pivotal 1.33 level (Fibo 76.4% of 1.3161/1.3748) so Read more…
Short-term volatility provides opportunities for a stock’s breakout. Canva What Is a Breakout? A breakout is part of technical analysis that allows investors and analysts to determine whether a security’s price will move higher or Read more…
Futures rise following Tuesday’s steep slump as oil prices surged past 10-year highs amid the intensifying conflict between Russia and Ukraine. Stock futures rose Wednesday, suggesting a recovery in U.S. equity prices at the open Read more…