Being supported by the lower border of the price channel on 4-hour chart, USDCHF rebounded from 0.8917, suggesting that a cycle bottom has been...
USDCHF rebounded from 0.8917
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USDCHF trades in a range between 1.0394 and 1.0675
USDCHF trades in a range between 1.0394 and 1.0675. Another rise towards 1.0675 resistance is expected later today. As long as this level holds,...
IMF bonds: Less than meets the eye
The latest hysteria to hit the FX market is the fear that emerging powers like China, Russia and Brazil will pull funds out of US reserves and pump them into newly issued IMF debt. There are a couple of problems with this notion. For one, the bonds are not meant to be marketable. This will be a buy...
Wednesday Sector Leaders: General Contractors & Builders, Publishing Stocks
In trading on Wednesday, general contractors & builders shares were relative leaders, up on the day by about 3.2%. Leading the group were...
USDCHF stays above a upward trend line
USDCHF stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9244, the fall from 0.9469 would possibly be consolidation...
Analyst Moves: AZO, P
Autozone (AZO) was upgraded today by Goldman Sachs (GS) from neutral to buy with a $435 price target due to higher commerical demand and...