Latest Market News
Gold futures on Monday posted their first gain in three sessions, as a pullback in the U.S. dollar helped to lure investors after prices suffered declines in each of the last five weeks. “If the metal market views begin to think rapidly rising interest rates might not deter inflation, that could begin to discourage aggressive […]
Oil futures climbed on Monday, with U.S. benchmark crude prices ending back above $100 a barrel for the first time in a week. U.S. prices rebounded back above the key level after President Joe Biden came away from with Saudi Arabia “empty handed, as he urged the Saudis to increase output to combat higher prices,” […]
Type: Bullish Rise Key Levels:Resistance: 1.04505Pivot: 1.03010Support: 1.02000 Preferred Case:On the H4, with price moving in an ascending trendline, we have a bullish bias that price will continue to rise from the entry at 1.03010 in line with the pullback support, 23.6% fibonacci retracement and 61.8% fibonacci projection to the take profit at 1.04505 at […]
Type: Bullish Momentum Key Levels:Resistance: 0.7798Pivot: 0.7715Support: 0.7657 Preferred Case:On the H4, with price recently breaking the descending trendline and RSI showing a bullish divergence, we have a bullish bias that price will rise from the pivot at 0.7715 at the overlap resistance in line with the 100% fibonacci projection to the 1st resistance at […]
Kirkland’s Inc. KIRK, +0.51% said late Monday Chief Financial Officer and Chief Operating Officer Nicole Strain will be leaving the home furnishings company effective Aug. 31. The company said it sarted the search for a replacement and until it names a successor it will rely on a newly formed Office of the CFO, to be […]
Apple Inc. AAPL, -2.06% was sued on Monday in a class-action lawsuit alleging it denies access to Apple Pay mobile wallet technology that could be used to develop competing mobile wallet apps on iOS devices. The lawsuit, filed on behalf of financial institutions and credit unions in San Francisco federal court, seeks unspecified triple damages, […]