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United States Redbook Index (YoY) climbed from previous 5.9% to 7.6% in November 28
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GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3188; (P) 1.3232; (R1) 1.3257; More… GBP/USD’s break of 1.3199 minor support argues that recovery from 1.3008 might have completed as a three-wave corrective move to 1.3274. That came after touching 55 D EMA (now at 1.3265). Intraday bias is back on the downside for retesting 1.3008 low. On the upside, however, […]
The post GBP/USD Mid-Day Outlook appeared first on ActionForex.
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GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3188; (P) 1.3232; (R1) 1.3257; More… GBP/USD’s break of 1.3199 minor support argues that recovery from 1.3008 might have completed as a three-wave corrective move to 1.3274. That came after touching 55 D EMA (now at 1.3265). Intraday bias is back on the downside for retesting 1.3008 low. On the upside, however, […]
The post GBP/USD Mid-Day Outlook appeared first on ActionForex.
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UK Political Noise Weighs Slightly on GBP, FX Board Shows No Clear Theme
Sterling weakened slightly today as markets digested last night’s abrupt resignation of OBR Chair Richard Hughes, who stepped down following the premature release of budget documents last week. Investors viewed the episode as destabilizing for an institution designed to promote fiscal transparency and market confidence. There was also a delayed reaction to UK Prime Minister […]
The post UK Political Noise Weighs Slightly on GBP, FX Board Shows No Clear Theme appeared first on ActionForex.
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Apple (AAPL) tags five-year parallel channel high, top likely in
Shares of Apple Inc. (AAPL) have rallied even as the broader markets have stumbled. We are seeing clear rotation into the iPhone maker as a defensive play, aided by traction in the latest upgrade cycle. AAPL now sits at a staggering $4.18 trillion market cap. -
Apple (AAPL) tags five-year parallel channel high, top likely in
Shares of Apple Inc. (AAPL) have rallied even as the broader markets have stumbled. We are seeing clear rotation into the iPhone maker as a defensive play, aided by traction in the latest upgrade cycle. AAPL now sits at a staggering $4.18 trillion market cap. -
CAD slips as USD/CAD edges back above 1.40 – Scotiabank
The Canadian Dollar (CAD) is drifting a little lower on the session, with spot gains edging back above 1.40 in quiet and rather featureless trade, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
CAD slips as USD/CAD edges back above 1.40 – Scotiabank
The Canadian Dollar (CAD) is drifting a little lower on the session, with spot gains edging back above 1.40 in quiet and rather featureless trade, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
AEO earnings alert: The critical $19.52 trendline that defines the next 20% move
American Eagle Outfitters, Inc. (AEO), a major player in specialty apparel retail, is set to deliver its latest earnings report this morning. Following a swift and impressive recovery that pivoted from the October lows, AEO now finds itself firmly lodged in near-term overbought territory. -
AEO earnings alert: The critical $19.52 trendline that defines the next 20% move
American Eagle Outfitters, Inc. (AEO), a major player in specialty apparel retail, is set to deliver its latest earnings report this morning. Following a swift and impressive recovery that pivoted from the October lows, AEO now finds itself firmly lodged in near-term overbought territory.
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