Latest Market News
EURUSD, “Euro vs US Dollar” After expanding the consolidation range up to 1.0770 and then rebounding from this level EURUSD is forming a new descending wave with the target at 1.0585 or even extend this structure down to 1.0544. Later, the market may start another correction to reach 1.0660. GBPUSD, “Great Britain Pound vs US […]
Gold prices fell, during trading today, Friday, June 10, 2022, and are heading to record a slight weekly decline with the rise in US Treasury bond yields. This comes as investors await key monthly inflation data in the US, for clues about the future of the Federal Reserve’s monetary policy. Gold Prices Today The price […]
Central banks are beginning to use the phrase “more forceful” in one form or another in their communications related to policy tightening plans in order to curb inflation. For risk assets as well as for cyclical currencies this means continuing pressure. For the US currency, the consequences of such a trend in the policy are […]
Type: Bearish MomentumKey Levels:Resistance: 16821.5 Pivot: 16484.5Support: 15914.5Preferred Case:On the H4, with price moving below ichimoku cloud and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from the pivot at 16484.5 in line with the swing high and 100% fibonacci projection to the 1st support at 15914.5 […]
In a note on the internet sector, Goldman Sachs downgraded several stocks, moving Netflix NFLX, -5.15%, eBay EBAY, -3.00%, Roblox RBLX, -5.80% and Frontdoor FTDR, -3.83% to sell from neutral and GoodRx Holdings GDRX, -4.43% to neutral from buy. Analysts led by Eric Sheridan say they have concerns around the impact of a consumer recession […]
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Retail Estates ,ISIN BE0003720340 on Euronext Brussels will re-open on 10/06/2022 at 09:00 CET. Source: FSMA