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USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD may reverse in the form of a new descending impulse. In this case, the downside target may be at 1.3410. Later, the market may rebound from this level […]

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above it to indicate a possible ascending tendency. The Relative Strength Index is testing the ascending trendline. In this case, the pair is expected to rebound from 6/8 (0.9643), and then resume […]

XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level. 894 Total views 16 Total shares Crypto markets are flashing a bit of green on Sept. 22 as Bitcoin (BTC) price tacked on a 4.7% gain to trade above $19,300 and Ether (ETH) […]

Shares of Darden Restaurants Inc. DRI, -4.44% dove 2.5% in premarket trading Thursday, after the restaurant chain operator matched fiscal first-quarter profit expectations but missed on same-store sales, amid weakness in its flagship Olive Garden and LongHorn Steakhouse chains. Net income for the quarter to Aug. 28 fell to $193.0 million, or $1.56 a share, […]

Treasury Secretary Janet Yellen on Thursday said she believes high U.S. inflation will come down “certainly next year,” but noted risks to the outlook including the ongoing Russian war in Ukraine. Speaking at an event sponsored by the Atlantic, Yellen said the Federal Reserve is “clearly committed to bringing inflation down.” The Fed on Wednesday […]

Oil futures climbed on Thursday to recoup much of the losses seen a day earlier, as Russia’s decision to partially mobilize reservists amid its war on Ukraine raised worries about global oil supplies. “Crude prices remain volatile as energy traders grapple with a deteriorating demand outlook that is still vulnerable to shortages,” said Edward Moya, […]