USDJPY Rising Channel Pattern (April 22, 2014)
USDJPY is moving inside an ascending trend channel on its 4-hour time frame, indicating that further gains could be in the cards for the pair.
Curve Ahead Market Strategies
Pharmaceutical Sector is On Fire
U.S. futures are suggesting a positive opening this morning. Today is the first day this week in which all global markets open after the Easter holiday. U.S. markets have found its footing last week after U.S. economic data showed signs of improving with the S&P putting its for 5 day winning streak since October.
Crude Oil Playbook
WTI Crude Oil (USO, quote) prices moved slightly higher during overnight trading in Asia. Volume remains light as we approach the U.S. first trading of the week with New Zealand and Australia closed for holiday.
EURUSD Daily Analysis – April 21, 2014
EURUSD remains in downtrend from 1.3905, the rise from 1.3790 could be treated as consolidation of the downtrend.
AUDUSD Daily Analysis – April 21, 2014
AUDUSD’s downward movement from 0.9461 extended to as low as 0.9314.
A&F plans over 100 new stores in China within 10 years
Clothes retailer Aber-crombie & Fitch Co (ANF, quote) plans to open more than 100 stores in China under its A&F and Hollister brands over the coming decade, ploughing a new furrow in what it calls “casual luxury.”
Why Did Nike Fire Most Of Its Nike FuelBand Team?Why Did Nike Fire Most Of Its Nike FuelBand Team?
Video News by NewsLook Nike fired most of its Digital Sport hardware team, the group behind Nike’s FuelBand device. Could Apple or an overcrowded market be behind layoffs?
Positions update Ahead of Expiration
On this last day of trading for April Options we want to provide a position update.
Brent Higher As Diplomacy In Ukraine Looking Less Likely
Brent crude oil (BNO, quote) ticked up on Thursday morning as rising tension in Ukraine increased worries about supply interruptions. The commodity traded at $109.72 at 8:25 GMT as peace talks in Geneva began to look less and less worthwhile.
EURUSD Forecast April 17, 2014, Technical Analysis
The EURUSD pair rose during the session on Wednesday, using the 1.38 level as a springboard. However, we pulled back enough to form a shooting star, and it appears that the market is going to continue to meander in this general sanity.