The EUR/CHF could not break the 1.27 support. The momentum is resolving the oversold and bullish divergence setup, but the momentum is still relatively bearish as the 4H RSI remains below 60.
The 1.2850 level appears to be the resistance for a double bottom that is forming.
We can see a rally
The EUR/CHF could not break the 1.27 support. The momentum is resolving the oversold and bullish divergence setup, but the momentum is still relatively bearish as the 4H RSI remains below 60.
The 1.2850 level appears to be the resistance for a double bottom that is forming.
We can see a rally
These stocks with rising analyst expectations could surge higher in the coming week.
Personal consumer expenditure (PCE) rose 0.2% in January 2011 following a downwardly revised 0.5% gain (previously reported as 0.7%) rise in December 2010. The increase in January was below market expectations for a 0.4% gain; however, the increase in January was the result of rising prices as PCE, on a
Personal consumer expenditure (PCE) rose 0.2% in January 2011 following a downwardly revised 0.5% gain (previously reported as 0.7%) rise in December 2010. The increase in January was below market expectations for a 0.4% gain; however, the increase in January was the result of rising prices as PCE, on a
The Canadian economy kicked it up a notch in the final quarter of 2010 with annualized real GDP growth of 3.3% following an upwardly revised 1.8% rise in the third quarter of 2010. Expectations were for growth of 3.0% in the fourth quarter with the third quarter originally reported as
The Canadian economy kicked it up a notch in the final quarter of 2010 with annualized real GDP growth of 3.3% following an upwardly revised 1.8% rise in the third quarter of 2010. Expectations were for growth of 3.0% in the fourth quarter with the third quarter originally reported as
U.S. stocks solidified their gains on Monday after a measure of Chicago-area manufacturing accelerated at a faster-than-expected pace in February. The Dow Jones Industrial Average gained 66.26 points to 12,196.67.
By Value in Stock Market:
Earlier, I wrote that Facebook’s (FB) IPO is becoming a sucker’s bet. On its IPO debut, Facebook started at $42, hit a high of $45 for a brief moment, and then [...]
By Steven Vincent:
Let me start by clarifying something. I am not saying that the market could crash spectacularly in the next few days and that in that event the Facebook (FB) IPO would be a [...]
By Chuck Carnevale:
There is a confluence of factors that are painting a very odd picture of current investor behavior. Common sense and a careful analysis of the market dynamics between equities and bonds today would [...]
By Sami J. Karam:
Expectations of a robust housing recovery are not well supported by US demographics.
From Bloomberg News (February 8, 2012): Chief Executive Officer Jamie Dimon told investors and analysts in a [...]