Rob Banks

Microsoft Sold Over 5 Million Xbox Ones

Microsoft commented that they have sold 5 million X Boxes to stores since its launch in November. While sales figures have not been released since January, we know that 3.9 million of them were sold …
Kimberry Pitt

Chipotle Increases the Price

Chipotle, the mexican fast food chain, is planning to increase the price and predicting the rise in the high single digit. Chipotle stock slid today over 6% today. Due to higher cost of avocados bee…
Sasha Singh

Which Way EURUSD is Heading?

The pair currently seems bearish as it is trading below 50 day, 100 day and 200 day SMA’s. Particularly 100 day SMA seems like acting as a key resistance for the pair as we can see on the hourly c…
Fan Yang

EUR/AUD - Bottoming Scenario

The 4H EUR/AUD chart shows a bearish market. The 4H RSI has been tagging 30 and held under 60, showing bearish momentum. Price action continues to make lower highs and lower lows. This week, however,…
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    Sasha Singh,
    There are many resistance level which pair have to break to reach the resistance trend line of the channel...agree on your point that the outlook has now shifted to neutral..
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Sasha Singh

EURJPY : 50 day SMA Acting as Support

EURJPY on the hourly chart seems bullish as we can see that 50 day SMA is acting as a key support for the pair, not allowing the pair to fall below it. However we can also see some kind of conso…
Sasha Singh

Slow Growth in China Might Impact AUDUSD

AUDUSD is again heading higher and consolidating on hourly chart giving signal that the pair might breakout from the resistance at .9337. China is the largest trading partner of Australia and ec…
Sasha Singh

Gold : Posted Losses on Improved US Market

Gold was earlier trading within sideways pattern but later yesterday it broke out from the key support trend line at 1296.34. The losses in Gold came after the upbeat US jobless data and regio…
Stacey Glad

Rubber Slumps to Lowest Since 2009 as China Growth Slows

Source
Natalie Parkinson

EU cancels Ukraine’s customs duties on April 23

Fan Yang

USD/JPY Trading Up Towards Resistance around 102.70

USD/JPY has been bullish this week after putting in a price bottom above 101.30. During the 4/17 session there was a brief retreat below 102, but the market pushed the pair higher for another bullish…
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    Sasha Singh,
    The pair is following an uptrend channel on the 4 hour chart. It should find support from the support trend line of the channel..
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Kimberry Pitt

Home Depot Change Strategy to E-Commerce

Home Depot Inc., the world's largest home improvement chain, needs to change its strategy from the traditional retail model to E-Commerce. It seems that Home Depot has overbuilt its sto…
Cyber Bunny

ฺGoldman Telling Client to Buy Amazon Call Options

Goldman is telling clients to buy Amazon bullish calls in anticipation of first quarter earning release this coming April 24 even though the stock has been lacking the S&P500 by 20% so far this…
nabil

EUR/USD declines due to US data

The Euro is  declining against the US Dollar and after losing 35 pips from 1.3865, the EURUSD broke below 1.3850 and it is trading around 1.3825 daily lows.  the upbeat Philly Fed Manufacturing index …
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    Sasha Singh,
    Chart : http://goo.gl/EinA1u
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    Sasha Singh,
    On the hourly chart the pair might find support from the support trend line...
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Alpha Diallo

Weibo debuts on the NASDAQ today

 (Image source: digitalintheworld.com) Weibo Corp (ADR) (NASDAQ:WB), the Twitter of China will start trading today on the NASDAQ. The IPO was priced at $17 a share, which is at the lower end of …
Alpha Diallo

Gasoline prices creeping up just in time for the summer driving season

The price of a regular gallon of gasoline is now $3.65, not far from the February peak of $3.78 per gallon.
Alpha Diallo

The love fest with Chipotle continues

 (Image source: greenerideal.com) Shares of the Mexican burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG) are advancing this morning on stellar first quarter earnings. As a result of heavy tr…
Alpha Diallo

UnitedHealth Slumping on first quarter results

Shares of the managed healthcare provider UnitedHealth Group Inc. (NYSE:UNH) are trading in the negative territory in the early session as the company reported first quarter earnings that were…
Sasha Singh

USDCHF : Extending Gains After Upbeat Philly Fed Manufacturing Data

USDCHF is attempting to cross the 50 day SMA but the pair found resistance in previous attempts. On the 4 hour chart, the pair moved up from the support at .8779 crossing the 23.6 fib level aft…
Sasha Singh

USDJPY : Trend Seems Bullish

US dollar today got some strength against Japanese Yen from better than expected initial jobless claims report. On the 4 hour chart the pair is currently following an upward sloping channel trend…
Fan Yang

Canadian CPI Pulls USD/CAD Below 1.10

The USD/CAD showed a bullish sign yesterday after the BoC monetary policy meeting. After some shaking, USD/CAD pushed north of 1.10, which also showed bullish breakout from a falling trendline, which…
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    Sasha Singh,
    The pair is currently testing the key support at 1.0992. I think the pair will move up from this level..
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Sasha Singh

GBPUSD : Trimming Some of its Gains

GBPUSD is currently trading at four and half year highs after upbeat UK employment data yesterday fueled expectations among investors that Bank of England might raise interest rates. After a sig…
Fan Yang

US Jobless Claims Showing a Good Trend

US jobless claims data for the week to April 12 came in at 304K, which was slightly higher than the previous week's upwardly revised 302K reading. The forecast was for an increase of 315K claims.  …
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    Sasha Singh,
    That seems a continuous decline on the chart...Also the 4 week moving average which is considered as the better measure of the labor trend is currently at the lowest level since October 2007.
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Sasha Singh

AUDUSD : Bearish Trend Persist !!

Australian Dollar is today trading lower against US Dollar after the release of the downbeat Australian data. A report on business confidence by National Australia Bank shows that the business co…
Fan Yang

Gold Consolidates Around 1300 - Look for a Breakout

Gold slid sharply this week, erasing 2 weeks of gains in April in just one session. Traders have since stabilized gold price around the 1300 handle.  (xauusd 1h chart, 4/17) Consolidation range: The …
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    Sasha Singh,
    I think the geopolitical tensions between Russia and Ukraine continue to support Gold prices and preventing it to fall below 1296.34 support level..
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Fan Yang

EUR/USD - Bullish Continuation

The EUR/USD is in a bullish continuation phase.  (eurusd 1h chart, 4/17) 1) It held above the 200-hour SMA this week. 2) The pair broke above a falling channel last week and is staying above that chann…
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    Sasha Singh,
    On the hourly chart , EURUSD is currently seems like following a rising channel trend. If the pair find support from the support trend line of the channel, it shows the bullish trend continuation.
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Petr Suchanek

CRUDE OIL (WTI) BACK AT A DECISION POINT

First I want to highlight that you can watch my analyses and trade ideas also on TWITTER (@FlexibleTrader) and you can also watch my LIVE TRADES on YouTube ( here ). So be sure to check out MY TRAD…
Stacey Glad

German Chocolate-Bunny Output Rising 8.4% on Later Easter

Source
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Natalie Parkinson

IBM sales fall again

IBM shares fell 4.1 percent in late trading yesterday after the company said first-quarter revenue fell 3.9 percent from a year earlier to $22.5 billion. That missed analysts’ estimates as s…
Kimberry Pitt

Starbucks Moves Regional Headquarters to London

Starbucks is planning to move European Headquarters from Amsterdam to London and willing to pay more U.K. tax by the end of this year. Starbucks just wants to move closer to biggest and fa…
Cyber Bunny

Yahoo Beat Earning Expectation

Sending the US stock on a climb for 3 consecutive days as Yahoo earnings beat expectation. The stock was up 5.3% after the sales of Alibaba Group Holding, that Yahoo holds a stake, increased. Yahoo…
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