News

Caterpillar CAT, +7.71% was downgraded to hold from buy at Deutsche Bank, which did increase its price target from $196 to $221. “The quarter was really good…but we have to draw a line in the sand on intrinsic value,” said analysts led by Nicole DeBlase. Pointing to the firm’s mid-September deep dive, DeBlase said nothing […]

Shares of LyondellBasell Industries N.V. LYB, +0.35% sank 5.2% in premarket trading Friday, after the chemical company reported third-quarter profit that fell well below expectations, as higher energy costs, new supply and weaker markets pressured margins. “Global demand for LyondellBasell’s products utilized in consumer packaging remained stable, but demand from durable goods markets softened,” the […]

EURUSD, “Euro vs US Dollar” The pair completed correction to 0.9960. Today a link of growth to 1.0025 should be expected, followed by a link of decline to 0.9950. Practically, a consolidation range is forming around 0.9960. With an escape downwards, a pathway for further correction to 0.9890 will open. With an escape upwards, a […]

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 […]