GBP/USD/EUR Beats 14-Year Trend Line Resistance At 127.10/50
GBP/USD/EUR Beats 14-Year Trend Line Resistance At 127.10/50 GBP/USD stays weighty, flexing against the 1.30 support level. The pair is set to stay under pressure while underneath 1.3150, Financial analysts report. Support at 1.2980-1.30 still looks firm, support at 1.2980-1.30 still looks firm. Note that the pair has bombed on different occasions at 1.2980-1.30 since […]
AUD/JPY hits a bit of an air pocket, dollar dragged as a result
AUD/JPY hits a bit of an air pocket, dollar dragged as a result JPY: Trade Balance, it measures difference in value between imported and exported goods during the reported month. AUD: MI Leading Index m/m, it measures change in the level of a composite index based on 9 economic indicators. JPY: Tertiary Industry Activity m/m, […]
Despite timid drillers, US oil production is increasing
Despite timid drillers, US oil production is increasing A couple of recent predictions have predicted significant improvements in U.S. shale oil output this year, igniting confidence in an industry that has maintained a culture of discipline and caution for the past two years. According to the industry, caution will be the order of the day. […]
What to expect from Netflix 1st quarter earnings?
What to expect from Netflix 1st quarter earnings? Netflix (NFLX) shares have underperformed the market in 2022, down 35 percent and 46 percent in the last three and six months, respectively. In addition, the stock has dropped 38% and 37% in the last nine and twelve months, respectively. Is this a good time to buy? […]