News
• AUDUSD broke resistance level 0.7050 • Likely to rise to resistance level 0.7150 AUDUSD currency pair recently broke the key resistance level 0.7050 (top of the earlier wave A from the start of August). The breakout of the resistance level 0.7050 coincided with the breakout of the Fibonacci cluster made out of the 50% […]
Apple Inc. AAPL, -0.44% is requesting that its suppliers “build at least as many” of the company’s new iPhones as they did last year, Bloomberg News reported Thursday. The report said that Apple also continues to expect suppliers to build about 220 million total iPhones for the year, which is roughly equal to last year’s […]
U.S. stocks struggled to hold higher ground late in the session Thursday, with the technology-laden Nasdaq Composite and S&P 500 index both turning negative. The blue-chip Dow Jones Industrial Average DJIA, +0.08% was up about 19 points, or 0.1%, near 33,333, at last check, but the S&P 500 index SPX, -0.07% was down 0.1% and […]
Type: Bullish Rise Key Levels:Resistance: 14210Pivot: 13664Support: 13376 Preferred Case:On the H4, with price moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise from pivot at 13664 where the pullback support is to the 1st resistance at 14210 in line with 100% fibonacci projection […]
Type: Bullish Bounce Key Rise:Resistance: 3851Pivot: 3742Support: 3659 Preferred Case:On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 3742 where the pullback support is to the 1st resistance at 3851 where the swing high resistance, 161.8% fibonacci extension and 78.6% fibonacci […]
Inflation has been nothing but full of surprises — remaining persistently hot for the past year when professional forecasters expected it to fade, then turning even lower than broadly expected for July. The consumer-price index report for last month, released on Wednesday, surprised to the downside — with an 8.5% annual headline rate below the […]