Day: June 22, 2022
Red Robin Gourmet Burgers Inc. RRGB, +5.26% said late Wednesday that Chief Executive Officer Paul Murphy will retire at the end of the year, when his employment agreement expires. Murphy will assist the fast-casual restaurant chain’s board in the search for a new CEO and will remain as a special adviser until the end of […]
USDJPY updated its 24-year highs and may continue rising. The Japanese Yen hit a new 24-year low against the USD. The current quote for the instrument is 136.25. The high in USDJPY is now at 136.71, and it seems like the sky is the limit. The reasons for the Yen depreciation are the same. First, […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is approaching the “Overbought area”. In this case, the price is expected to test the resistance at 8/8, rebound from it, and then resume falling to reach the support at 6/8. However, this scenario may no longer be valid if […]
Emission reduction targets boost global spending on maintenance in the renewable and low-carbon sectors, slowly pulling the rug out of the oil and gas industry. In a recent report, energy research firm Rystad Energy predicts that the maintenance, modification and operation (MTO) market for the renewable and low-carbon sector will reach nearly $250 billion by […]
Type: Bearish ReversalKey Levels:Resistance: 1878.8 Pivot: 1861.7 Support:1805.9Preferred Case:On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that prices will drop from our pivot at 1861.7 where the horizontal swing high resistance and 100% fibonacci projection are to our 1st support at 1805.9 in line with swing low support […]
Type: Bullish BounceKey Levels:Resistance: 1.37016 Pivot: 1.36069 Support:1.35508Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will drop and rise from our pivot at 1.36069 where the horizontal pullback support, 61.8% fibonacci projection and 38.2% fibonacci retracement to our 1st resistance at 1.37016 in line with […]
U.S. stocks finished slightly lower on Wednesday after erasing their gains from earlier in the day during the final hour of trading. The Dow Jones Industrial Average DJIA, -0.15% finished 48.37 points, or 0.2%, lower at 30,481.80 after the Dow climbed more than 240 points earlier in the session. The S&P 500 SPX, -0.13% closed […]
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. 2242 Total views 56 Total shares Major stablecoin company Tether is expanding its stablecoin offering with a new cryptocurrency pegged to the British pound sterling (GBP). Tether officially announced on […]
Read Next Tesla stock selloff created ‘generational’ investment opportunity, analyst says The recent selloff in Tesla Inc.’s stock undefined has created a “generational investment opportunity” in one of the most compelling growth stories, said CFRA analyst Garrett Nelson, as he believes the electric vehicle market leader has long-term potential similar to technology disruptors such as […]
Summary FINRA is soliciting comment on a proposal to establish a new trade reporting requirement for transactions in over-the-counter options on securities with terms that are identical or substantially similar to listed options. FINRA is proposing to require firms to report this information to FINRA on a daily basis (end-of-day) for regulatory purposes only. Questions […]
