Latest Market News
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen at 1.0781; it is testing the downside border of a large Triangle pattern. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0835 and then resume moving […]
The U.S. dollar USDJPY, +1.05% on Tuesday continued to rally against the Japanese yen, fetching 128.33 yen versus 126.99 yen on Monday. The greenback is up 11% this year against its Japanese counterpart. “The losses in the yen have snowballed into an avalanche, with the currency getting buried under the weight of monetary policy divergence […]
Champs Sports said Monday that it will launch the first Homefield location in Pembroke Pines, Fla., between April 22 and April 24. This Champs Sports Homefield will span more than 35,000 square feet and offer amenities like a full basketball court, a multi-sport court and a wide array of gear across running, yoga, baseball and […]
Wendy’s Co. WEN, -2.11% was downgraded to market perform from outperform at BMO Capital Markets, with analysts expressing concern that the burger chain’s breakfast business won’t reach the levels the company has guided for. BMO cut its price target to $22 from $28. Wendy’s launched its latest breakfast menu in 2020, and said during its […]
Type: Bearish DipKey Levels:Resistance: 2421.0Pivot: 2396.0Support: 2302.0Preferred Case:We see the potential for a bearish dip from our pivot level at 2396.0 in line with 127.2% Fibonacci extension towards our 1st support level at 2302.0 in line with 61.8% Fibonacci projection.Alternative Scenario:Alternatively, price may break our pivot structure and head for 1st resistance at 2421.0 in […]
All of the Big 3 stock market indexes are rising, but market internals suggest the stock market is actually falling. Stocks losing ground is outnumbering advancers 1,730 to 1,380 on the NYSE and 2,780 to 1,563 on the Nasdaq exchange. And volume of declining stocks represents 52.2% of total volume on the Big Board and […]