Global News

Emporium Group (MPM) consolidates ahead of a possible rally

21 Oct 2019 @ 12:17
Emporium Group shares (LSE:MPM) are currently consolidating and that has formed a very strong base, which could make a possible rally occur at any time. Yes, price has shown inability to go further downwards. An upwards momentum is the most probably. The sideways movement has been on since June 2019, and price went further lower […]
 

Despite Running To The Highest Close In Six Months, GBPUSD May Fail To Reverse

21 Oct 2019 @ 12:03
GBPUSD Price Analysis – October 20 The GBPUSD had closed on Friday above its opening price after recovering from early selling pressure and trending higher for the 4th day consecutively in a row. After failing to reverse from its highs, the FX pair is unstable and due to weekend UK parliament vote on Brexit, with […]
 

The Economic Proscription of U.S. Farmers by China Maybe Forever

13 Oct 2019 @ 14:34
Similar to a black eye on the face, it’s placing an indelible imprint. The retaliatory levies by China over U.S. commodity producers, such as soybeans, which seem to be forever. The moment such happens for the market it becomes irreversible. It’s a dread numerous farmers from North Dakota to Mississippi have recognized for as far […]
 

GBPJPY Reverses Its Sell-Off Around the Level at 130.75

13 Oct 2019 @ 14:19
In the prior session, the pair closed lower for the second day in a row, but currently, the GBPJPY displays a weakness further downside of the pair while retaining its wider medium-term outlook by temporal reversal on the level at 130.75. Key Levels Resistance Levels: 148.66, 137.80, 135.774 Support Levels: 130.75, 128.68, 126.54 GBPJPY Long […]
 

USDCHF Breaks Below Its near Term Support Zone on the Level at 0.9926 but Recovers Abruptly

13 Oct 2019 @ 14:11
USDCHF Price Analysis – October 8 The FX pair breaks below the horizontal zone on the level at 0.9926 but reverses again after recovering from its early selling pressure. The USDCHF was able to find buyers again around the level at 0.9908. Key Levels Resistance Levels: 1.0231, 1.0126, 1.0015 Support Levels: 0.9897, 0.9870, 0.9843 USDCHF […]
 

AUDUSD Discovers Its Potential for the Upside Movement as Buyers Lean on the Key Support Level

05 Oct 2019 @ 09:49
After discovering its potential for the upside movement, AUDUSD has appreciated against the greenback since the prior trading session. The FX pair had exited the prior session above its opening price after recovering from early selling pressure. Key Levels Resistance Levels: 0.6895, 0.6805, 0.6776 Support Levels: 0.6671, 0.6620, 0.6600 AUDUSD Long term Trend: Bearish Despite […]
 

Lawmakers Pen Down Concerns to the Fed Over National Digital Currency

05 Oct 2019 @ 09:36
Two United States lawmakers have urged the Federal Reserve to evaluate the possibilities of creating a digital dollar currency. House of Representatives members, French Hill and Bill Foster recently sent a letter to the Federal Reserve Chairman Jerome Powell, expressing the concerns they have on the implications the US dollar would face in a likely […]
 

ITV PLC price prediction: The current bullishness to continue

30 Sep 2019 @ 04:45
ITV PLC stock (LSE:ITV) are currently bullish, following the recent rally, which ended the previous bearish movement that happened in August 2019. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left corner of the chart. […]
 

Hollywood Star Ventures Into Security Tokens

24 Sep 2019 @ 05:34
As groundbreaking innovations continue to penetrate the finance space, it is almost impossible for this innovation not to spread to other industries. The movie industry is one of such sectors currently experiencing such revolutions. This is due to the invention of distributed technologies like Blockchain, which has brought about the concept of tokenizing everything. Tokenization […]
 

Despite the Ongoing Trade Dispute, U.S. Manufacturing Records 5-Month High

24 Sep 2019 @ 05:24
Headline: As the manufacturing segment put up a silent recuperation in September, demonstrating a level of versatility in the more extensive U.S. economy, the trade dispute keeps on negatively affecting the general business standpoint, as per new IHS Markit information. The latest Purchasing Managers’ Index (PMI) overview from IHS Markit demonstrated that U.S. Manufacturing, which […]
 
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