Day: April 27, 2022

Apr 27
PayPal is shuttering its San Francisco office: Report

A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint.” 1359 Total views 6 Total shares Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees. According to a Wednesday report from […]

Apr 27
LendingClub stock rallies more than 20% after Q1 profit

LendingClub Corp. LC, -0.65% shares rose more than 20% in the extended session Wednesday after the lending and banking company swung to a first-quarter profit. LendingClub said it earned $40.8 million, or 39 cents a share, in the quarter, reversing a loss of $47.1 million, or 49 cents a share, in the year-ago quarter. Revenue […]

Apr 27
Japanese Candlesticks Analysis 27.04.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another rising impulse. In this case, the upside target may be the resistance level at 1925.50. At the […]

Apr 27
Forex Technical Analysis & Forecast 27.04.2022

EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0667 and then forming a new consolidation range above this level, EURUSD has broken it to the downside; right now, it is falling towards 1.0580. After that, the instrument may start a new correction with the target at 1.0757. GBPUSD, “Great Britain Pound vs […]

Apr 27
Ethiopia plans to invest $40 billion in renewable energy

Ethiopia seeks to be a major player in the African arena through an ambitious plan to expand the field of renewable energy, and to export it to the Horn of Africa and East African countries on a large scale. The government announced an ambitious plan to invest $40 billion in building new infrastructure to produce […]

Apr 27
Soybean Futures (ZS1!), H1 Potential for Bearish Continuation

Type: Bearish ContinuationKey Levels:Resistance: 1704’6Pivot: 1687’6Support: 1659’2Preferred Case:With price moving below the ichimoku cloud, we see a potential bearish continuation from our pivot level of 1687’6 which is in line with 38.2% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 1659’2 which is in line with the horizontal swing low support.Alternative […]

Apr 27
Market Spotlight: GBPAUD Trend Resumption Trade

GBPAUD Rejected At Key LevelGBPAUD price action is looking interesting for bears here. The decline from the break through the rising trend line over late 2021/early 2022 has seen the market breaking through several key levels. The break of 1.7813 (major support level) was a strongly bearish development for the pair. With price having recently […]

Apr 27
EURUSD Wave Analysis – 27 April, 2022

• EURUSD broke long-term support level 1.0640• Likely to fall to support level 1.0400 EURUSD currency pair under the strong bearish pressure after the price the long-term support level 1.0640 (the previous yearly low from the start of January). The breakout of the support level 1.0640 accelerated the active impulse waves 5 and (3). EURUSD […]

Apr 27
S&P 500 Wave Analysis – 27 April, 2022

• S&P 500 reversed from support zone• Likely to rise to resistance level 4250.00 S&P 500 index recently reversed up from the support area lying located between the long-term support level 4150.00 (which has been reversing the price from last June) and the lower daily Bollinger Band. The upward reversal from this support zone stopped […]

Apr 27
Oil ends higher after drop in gasoline, distillate inventories

Oil futures ended a choppy session in positive territory after data showed a large drop in U.S. gasoline and distillate inventories. West Texas Intermediate crude for June delivery CL.1, +0.51% CLM22, +0.51% rose 32 cents, or 0.3%, to close at $102.02 a barrel on the New York Mercantile Exchange after earlier dipping back below the […]