Latest Market News

EURUSD, “Euro vs US Dollar” On H4, at a pullback near the support level the a Harami reversal pattern has formed. Currently, the pair can go by the signal in an ascending wave. The goal of growth is 1.0090. However, the quotes may pull back to 0.9915, bounce off the level, and continue the uptrend […]

• Google broke key support level 95.00 • Likely to fall to support level 90.00 Google recently broke the key support level 95.00 (which is the lower boundary of the sideways price range inside which the price has been moving from September). The breakout of the support level 95.00 accelerated the active short-term impulse wave […]

EURUSD, “Euro vs US Dollar” The pair has reached the local goal of the wave of growth at 1.0090. Today the market is forming a consolidation range under this level. The range may extend upwards to 1.0157. After this level is reached, a wave of decline should start to 0.9855. GBPUSD, “Great Britain Pound vs […]

USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes have broken through the 200-day Moving Average and are now below it, which indicates possible development of a downtrend. However, the RSI is nearing the oversold area. As a result, we should expect a decline to the nearest support at 4/8 (0.9765), after which correctional […]

Shares of Altra Industrial Motion Corp. AIMC, +48.37% rocketed 48.1% toward an 11-month high in premarket trading Thursday, after the electromechanical power transmission motion controls company announced an agreement to be acquired by Regal Rexnord Corp. RRX, -12.81% in a cash deal with an enterprise value of $4.95 billion. Regal’s stock was still untraded in […]

The Chinese city of Wuhan, where the coronavirus pandemic first started, has been locked down again as China moves to halt a widening outbreak of cases, Reuters reported. China on Thursday reported a third straight day of more than 1,000 new COVID cases nationwide, a modest tally compared with the tens of thousands per day […]