Latest Market News
Canada Goose Holdings Inc. GOOS, -0.51% announced on Thursday the launch of an eco-friendly fabric, Kind Fleece, which the luxury outerwear company developed as part of its sustainability commitment. Kind Fleece is made from recycled wool, a plant-based polymer called Sorona Polymer, and a biodegradable fiber made from wood. Kind Fleece is launching with four […]
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request. 521 Total views 5 Total shares European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information […]
Shares of Walt Disney Co. DIS, -2.34% slumped 2.3% in afternoon trading, putting them on track for the lowest close in 17 months, after Florida lawmakers reportedly approved a bill to end a special tax district allowing the media and entertainment giant to govern the land housing its theme parks. Also weighing on Disney’s stock […]
EURUSD, “Euro vs US Dollar” EURUSD has finished the correction at 1.0860; right now, it is consolidating below this level. Possibly, the pair may expand the range up to 1.0870 and then start a new decline with the target at 1.0750. GBPUSD, “Great Britain Pound vs US Dollar” Having completed the correctional structure at 1.3070, […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to break 4/8 and then continue growing to reach the resistance at 5/8. However, this scenario may be cancelled if […]
AUDCAD Sitting on Key LevelPrice action in AUDCAD has piqued my interest here. Following the latest failed attempt at breaking out above .9391/.9474, price has since broken through the rising trend line from YTD lows. For now, we are sitting atop support at the .9262 level. However, with the retail market currently around 65% long, […]