USDCHF’s downward movement extended further to as low as 1.0331 level. However, the pair had lost momentum, move sideways in a range between...
USDCHF’s downward movement extended to 1.0331
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Dead cat bounce on the EUR/USD
The low from Friday was 1.3934 and we are only 15 pips above there presently. With a 5 wave up-move from 1.2870 to 1.4340 now complete, it’s certainly possible that a short-term top is in place and that we are in retracement mode. The 38.2% of that up-move is at 1.3780. (Technicals to...
UPS May Buy European Package Delivery Company TNT
UPS is hoping to reach an agreement to buy TNT Express NV as early as next week after making progress in discussions on jobs and pensions,...
Facebook Salaries Revealed
With Facebook’s IPO, their S1 filing revealed a lot of interesting,never before known information that has been now been made public....
AUDUSD consolidates in a range between 0.9157 and 0.9381
AUDUSD consolidates in a range between 0.9157 and 0.9381. Lengthier sideways movement in the range is still possible in a couple of days. As long...
Earnings Roundup: 3M, Caterpillar
3M (MMM) announced higher than expected quarterly earnings due to strong demand from industrial and transport markets that was able to offset...