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Elliott Wave Technical Analysis: PayPal Holdings Inc.
Article By: Peter Mathers
Thursday, August 11, 2022 10:07 AM EDT
We are still below the 200 EMA, however, momentum indicators suggest we are into the massively bought territory.
In this article: PYPL
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Sensex Zooms 515 Points, Nifty Ends Above 17,600; Financial And IT Stocks Rally
Article By: Equitymaster India
Thursday, August 11, 2022 9:55 AM EDT
At the closing bell, the BSE Sensex stood higher by 515 points (up 0.9%). Meanwhile, the NSE Nifty closed higher by 124 points (up 0.7%).
In this article: INDY, EPI, PIN, INDA
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Natural Gas Technical Analysis: The Price Is Recovering
Article By: Daily Forex
Thursday, August 11, 2022 9:43 AM EDT
Spot natural gas prices rose in the recent trading at the intraday levels, to achieve new daily gains.
In this article: UNG
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Producer Prices Dip In July, Remain Near Record Highs YoY
Article By: Tyler Durden
Thursday, August 11, 2022 9:30 AM EDT
After 27 straight monthly increases, Producer Prices dropped in July (-0.5%), notably colder than the +0.2% expected - the biggest drop since April 2020. But on a YoY basis, PPI remains up a shocking 9.8%.
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EURUSD: Expected To Test Its Resistance Level Of Around 1.0360-1.0370
Article By: AAATrade
Thursday, August 11, 2022 9:17 AM EDT
Looking at EURUSD’s chart, we can see that after yesterday’s CPI announcement, the dollar fell, taking the fx pair of EURUSD to its highest level of the past month at 1.036 whereas now it is traded at around 1.0305.
In this article: FXE, UUP
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Cardinal Health Lags Q4 Earnings Estimates
Article By: Zacks Investment Research
Thursday, August 11, 2022 9:04 AM EDT
Cardinal Health came out with quarterly earnings of $1.05 per share.
In this article: CAH
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July CPI Pauses – Is Peak Inflation Over?
Article By: SchiffGold
Thursday, August 11, 2022 8:52 AM EDT
The latest seasonally adjusted inflation rate for July came in nearly flat at -0.03%. This was on the heels of a blisteringly hot June number of 1.35%.
In this article: GLD, SLV, XLE
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GBP/USD Forecast: Pound Appreciation May Be Short-Lived Ahead Of UK GDP
Article By: DailyFX
Thursday, August 11, 2022 8:37 AM EDT
Pound watchers brace themselves ahead of UK GDP tomorrow after GBP/USD rallied on the back of dollar weakness.
In this article: FXB, UUP
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10-Year Treasury Yield ‘Fair Value’ Estimate - Thursday, Aug. 11
Article By: James Picerno
Thursday, August 11, 2022 8:24 AM EDT
The US 10-year Treasury yield continues to trade below its recent peak. Yesterday’s softer-than-expected rise in consumer inflation for July supports a case for expecting the 10-year rate to stay below 3% for the near term.
In this article: IEF
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ETH Gas Fees Plummets As Merge Test Run Completed
Article By: The Tokenist
Thursday, August 11, 2022 8:12 AM EDT
Ethereum gas prices are at their lowest mark in more than a year as the blockchain completes its third and final testnet merge ahead of the long-awaited Merge next month.
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UK Prelim Q2 GDP And Recession Outlook
Article By: Orbex
Thursday, August 11, 2022 8:00 AM EDT
After their last meeting, the BOE warned that 5 quarters of negative growth were coming.
In this article: EWU
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Here Is What Really Makes The Bitcoin Price Trade Up And Down
Video By: Mike Swanson
Thursday, August 11, 2022 7:48 AM EDT
Bitcoin and other cryptocurrencies are very volatile and can make big price swings day by day and even minute by minute.
In this video: BITCOMP Also: UUP, ARKK
Watch
U.S. Dollar Soft While Consolidating Yesterday's Drop
Article By: Marc Chandler
Thursday, August 11, 2022 7:36 AM EDT
The US dollar is consolidating yesterday’s losses but is still trading with a heavier bias against the major currencies and most emerging market currencies.
In this article: FXE, FXA, FXB, FXC, FXY, IEF, JJC (RETIRED), OIL, UCO, UUP
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Elliott Wave Technical Analysis: Ethereum (ETHUSD)
Article By: Peter Mathers
Thursday, August 11, 2022 7:24 AM EDT
Prices have risen significantly from the lows of the year. It is also higher than the previous month's high. This is a good signal in an uptrend.
In this article: UUP
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EBAY: Expected To Rise Towards Its Resistance Level At Around $50-51
Article By: AAATrade
Thursday, August 11, 2022 7:12 AM EDT
When we look at eBay’s chart, we can see that it has been in a downward trend, which seems to reach its bottom at the price of around $41 whereas currently it is traded at around $48.50.
In this article: EBAY
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Asia Week Ahead: China Activity Data, Japan’s GDP And BSP Policy Decision
Article By: ING Economics
Thursday, August 11, 2022 7:00 AM EDT
Next week kicks off with China activity data followed by growth data from Japan and a policy meeting in the Philippines.
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