Day: August 11, 2022
U.S. stocks struggled to hold higher ground late in the session Thursday, with the technology-laden Nasdaq Composite and S&P 500 index both turning negative. The blue-chip Dow Jones Industrial Average DJIA, +0.08% was up about 19 points, or 0.1%, near 33,333, at last check, but the S&P 500 index SPX, -0.07% was down 0.1% and […]
Type: Bullish Rise Key Levels:Resistance: 14210Pivot: 13664Support: 13376 Preferred Case:On the H4, with price moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise from pivot at 13664 where the pullback support is to the 1st resistance at 14210 in line with 100% fibonacci projection […]
Type: Bullish Bounce Key Rise:Resistance: 3851Pivot: 3742Support: 3659 Preferred Case:On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 3742 where the pullback support is to the 1st resistance at 3851 where the swing high resistance, 161.8% fibonacci extension and 78.6% fibonacci […]
Inflation has been nothing but full of surprises — remaining persistently hot for the past year when professional forecasters expected it to fade, then turning even lower than broadly expected for July. The consumer-price index report for last month, released on Wednesday, surprised to the downside — with an 8.5% annual headline rate below the […]
EURUSD took advantage of the reasons for growth and may yet continue to improve. The major currency pair remains in good spirits on Thursday. The current quote for the instrument is 1.0225. Yesterday, the US released important and long-awaited data on inflation. Although when making monetary decisions the US Fed pays more attention to the other indicators, […]
EURUSD, “Euro vs US Dollar” After breaking the consolidating range to the upside and reaching the short-term target at 1.0366, EURUSD is correcting downwards. Possibly, the pair may test 1.0270 from above and then form one more ascending wave with the target at 1.0404. GBPUSD, “Great Britain Pound vs US Dollar” Having broken the consolidation […]
• S&P 500 rising inside impulse waves (iii) and 3 • Likely to rise to resistance level 4300.00 S&P 500 index recently broke the resistance level 4170.00 (which stopped the earlier waves (4) and 2 in May and June). The breakout of the resistance level 4170.00 continues the active short-term impulse waves (iii) and 3 […]
• Platinum broke resistance level 955.00 • Likely to rise to resistance level 1000. Platinum recently broke the resistance level 955.00 (top of wave A from June) intersecting with the 61.8% Fibonacci correction of the C-wave from June. The breakout of the resistance level 955.00 accelerated the active impulse waves (iii) and C – which […]
Shares of Utz Inc. UTZ, +1.42% rallied 8% on Thursday after the salty snacks maker beat Wall Street’s adjusted net income and revenue targets and raised it fiscal 2022 organic net sales outlook by 2%. Utz said its second-quarter profit fell to $3.18 million, or 4 cents a share, from $17.58 million, or 21 cents […]
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Miripro Insurance Company Limited, has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations. In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm […]