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The airline has announced that it expects a larger passenger turnover due to an increased capacity in the United Kingdom.
The stock price of exercise bike and fitness accessory company Peloton Interactive stock price surged nearly 20.00% from 11.21 up to 13.43 during the early hours of Wednesday's trading.
The last review of the USD/CHF currency pair was conducted on June 03. Since then, the pair once again attempted to reach above the 1.0000 parity level and the early 2018 high level. The pair failed at the attempt and step by step revealed a wide channel down pattern. However, on August 10, the rate hit the combination of the
The retail company has announced that it is decreasing its 2022 sales and profit expectations, as inflation has reduced customer spending.
The top 30 US stock index has been recovering throughout July and August. However, on August 16, a decline started, which indicated that the larger scale surge is over. By August 24, the equity index had reached below the 33,000.00 mark. Next target for the decline could be the combination of the cluster of levels, which surround the 32,000.00 mark.
On August 24, the USD/CAD rate recovered from the 1.2950 level up to 1.3000. In the meantime, the pair did not touch the support line of the channel up pattern, which has been guiding the pair since August 10. In the case of the pair moving higher, the rate would have to pass the resistance of the 50-hour simple moving average
The GBP/JPY currency exchange rate appears to be declining in a channel down pattern since the middle of August. Most recently, the pair bounced off the resistance of the weekly simple pivot point and the 50, 100 and 200-hour simple moving averages in the 161.50/162.00 range. If the pair continues to decline, it is set to look for support in the
The AUD/USD currency pair has been trading sideways in a range between support at 0.6855/0.6860 and resistance at 0.6960/0.6970. In the meantime, it has been observed that minor support and resistance is being provided from time to time by the 50 and 100-hour simple moving averages near 0.6900. In the case of the Australian Dollar declining and reaching below the 0.6855/0.6860
On August 24, the EUR/JPY currency pair reached the 135.50 mark, as it passed below the support of the weekly S1 simple pivot point at 135.67. The pair has been declining since bouncing off the 138.00 mark on August 22. If the Euro continues to lose value against the Yen, the pair might look for support in the late August
By once again finding support in the 1,730.00 level, the price for gold has managed to break the resistance of the 50-hour simple moving average. It resulted in a surge into the 1,745.00/1,755.00 zone. During the morning hours of Wednesday, the price appeared to be heading to the 1,755.00 level. Economic Calendar Analysis On Thursday, at 12:30 GMT the US quarterly Preliminary
The fundamental drop of the US Dollar on Tuesday resulted in the USD/JPY currency exchange rate declining to the 136.00 level. Afterwards, a failed recovery found resistance in the 137.00 mark. During Wednesday's European morning hours, the currency pair had returned to the 136.00 level. Economic Calendar On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause
At mid-day on Tuesday, weakness of the US Dollar caused a surge of the GBP/USD currency exchange rate. The rate shortly traded above the 1.1850 mark, before declining. On Wednesday morning, the pair found support in the 50-hour simple moving average and the 1.1800 mark. Economic Calendar On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause
On Tuesday, the Euro suddenly sharply recovered against the US Dollar and even reached above parity. However, the rate bounced off the 1.0020 level and resumed its decline. On Wednesday morning, the pair was fluctuating near the 0.9950 level. In the meantime, the 50-hour simple moving average had caught up with the rate and was acting as resistance. Economic Calendar Analysis On
By once again finding support in the 1,730.00 level, the price for gold has managed to break the resistance of the 50-hour simple moving average. It resulted in a surge into the 1,745.00/1,755.00 zone. During the morning hours of Wednesday, the price appeared to be heading to the 1,755.00 level. A move above 1,755.00 level could result in a surge to
The fundamental drop of the US Dollar on Tuesday resulted in the USD/JPY currency exchange rate declining to the 136.00 level. Afterwards, a failed recovery found resistance in the 137.00 mark. During Wednesday's European morning hours, the currency pair had returned to the 136.00 level. If the US Dollar continues to decline against the Japanese Yen, the currency pair might look
At mid-day on Tuesday, weakness of the US Dollar caused a surge of the GBP/USD currency exchange rate. The rate shortly traded above the 1.1850 mark, before declining. On Wednesday morning, the pair found support in the 50-hour simple moving average and the 1.1800 mark. In regards to the near term future, a decline of the pair below 1.1800 could
On Tuesday, the Euro suddenly sharply recovered against the US Dollar and even reached above parity. However, the rate bounced off the 1.0020 level and resumed its decline. On Wednesday morning, the pair was fluctuating near the 0.9950 level. In the meantime, the 50-hour simple moving average had caught up with the rate and was acting as resistance. In the
Markit Purchasing Managers Indices for Euro Zone countries have revealed that business activity in Europe had declined for a second month in a row.
Handelsblatt has revealed that VW intends to acquire stakes in Canadian mining companies to secure its metal supply for car batteries.
Adidas has announced that its current CEO Kasper Rorsted is set to leave his position in 2023, which is before the end of his contract term.
The stock price of Zoom Video Communications started the day with an opening 13.20% below the previous market closing price. Namely, a drop from $97.49 down to $84.62 occurred. The reason for the event was the publication of the company's quarterly results. Despite beating earnings per share by 10.51%, the total revenue of the company failed to meet expectations. In general,
The stock price of Zoom Video Communications started the day with an opening 13.20% below the previous market closing price. Namely, a drop from $97.49 down to $84.62 occurred.
The July surge of US tech stocks eventually broke the resistance line of the channel down pattern, which had guided the 2022 decline. The breaking of the pattern occurred due to the support of the 12,830.00/13,120.00 range. In mid-August, the pair had extended its surge above 13,500.00, before starting a decline. On August 23, the index had reached the lower
Since the last review of the top 40 German stock index on July 20, the index managed to reach above the resistance of the 13,500.00 mark. However, eventually, in mid-August the shares bounced off the resistance line, which connects the 2022 January and June high levels. The event was followed by a decline, which by August 23 had reached