News

The US July inflation report, which showed a faster-than-expected slowdown in inflation, became the catalyst for a major rally in risk assets, especially in emerging markets. Investors took it as a factor that would ease pressure on the Fed to accelerate policy normalization. The key event today will be the release of the U. Michigan […]

Type: Bullish Rise Key Levels:Resistance: 27225Pivot: 24315Support: 22395 Preferred Case:On the H4, with price moving within a bullish channel as well as above the ichimoku indicator and RSI moving along an ascending trendline, we have a bullish bias that price will rise to our pivot at 24315 where the overlap resistance is. Once there is […]

Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting. 239 Total views 3 Total shares Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company that could be valued at over […]

Honest Co. HNST, +0.26%, the Jessica Alba-backed company that makes clean baby, beauty, personal care and household products, posted a wider-than-expected loss for the second quarter on Friday, although revenue came in above estimates. The Los Angeles, Calif.-based company had a loss of $10.012 million, or 11 cents a share, for the quarter, after a […]

GBPUSD is keeping its positive momentum while the “greenback” remains weak.  The Pound Sterling is looking good against the USD on Friday. The current quote for the instrument is 1.2178. In the morning, the United Kingdom released a great deal of numbers.  Industrial Production lost 0.9% m/m in June after adding 1.3% m/m in the […]

EURUSD, “Euro vs US Dollar” EURUSD is falling to reach 1.0270. After that, the instrument may form one more ascending wave with the target at 1.0355, or even extend this structure up to 1.0400. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading downwards to reach 1.2158. Later, the market may form one more […]