Author: Admin
USD/CHF breaks under 50-day SMA at 0.8020, closing below 0.8000 with momentum favoring further downside.Bears eye 0.7950 and July 23 low at 0.7911, with path open toward year-to-date trough at 0.7872.Buyers must reclaim 0.8000 and 50-day SMA to challenge resistance at 0.8047 and 100-day SMA at 0.8122.The USD/CHF extended its losses on Friday, tumbling below the 50-day Simple Moving Average (SMA) at 0.8020. The release of a worse than expected US Nonfarm Payrolls report, cemented the case for a Fed rate cut at the September meeting. At the time of writing, the pair trades at 0.7980, down 0.94%.USD/CHF Price Forecast:…
“Her husband wants to be the administrator of their trust.”
The 4-Week High/Low Trading Strategy: A Simple Trend-Following System Explained Strategies When I first came across the 4-week high/low trading strategy, I was co-managing a forex dealing room for a commodities firm. Having spent years as an interbank dealer, this was my first real introduction to technical analysis. I was never quite sure whether to use the past 20 trading days or the prior 4 calendar weeks, but since it wasn’t a strategy I planned to use actively, I just kept it on my blotter as a reference point for what long-term traders might be watching. What Is the 4-Week…
“She would like to leave her kids something after she dies.”
Duluth Holdings (DLTH) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +160.00%. A quarter ago, it was expected that this clothing and tools supplier would post a loss of $0.3 per share when it actually produced a loss of $0.32, delivering a surprise of -6.67%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Duluth…
The New York Stock Exchange on Aug. 26, 2025.Brendan McDermid | ReutersThe August jobs report on Friday is expected to confirm the labor market is weakening. Just by how much is what will matter to investors. It can’t be too slow, nor can it be too hot.Wall Street is on edge heading into Friday’s nonfarm payrolls. Economists polled by Dow Jones are forecasting the U.S. economy added 75,000 jobs last month, a weak estimate that’s only slightly higher than the dismal 73,000 headline number in the July report. The unemployment rate is also projected to tick higher, to 4.3% from…
The US ISM Services PMI is expected to improve a tad in August. The US services sector should remain in the expansionary territory.Speculation of two rate cuts from the Fed this year remains on the rise.On Thursday, we’ll get the latest read on the US services sector when the Institute for Supply Management publishes its August Services PMI. Economists think the index will tick up to 51 from July’s 50.1. If they’re right, that would be the third month in a row the sector has grown, another reminder of its staying power and a small lift for confidence in the…
The Clippers and owner Steve Ballmer have denied any wrongdoing. Here’s why the accusations are so serious — and when similar claims have been made in the NBA before.
GBP/USD rebounds from 1.3332 lows to 1.3442 as the US Dollar Index slips after Tuesday’s sharp rally above 98.50.The US JOLTS report shows July job openings fell sharply, highlighting tariffs’ drag on hiring and manufacturing weakness.UK Services PMI jumps to 54.2, easing fiscal worries, while BoE officials stress inflation risks and policy caution.The GBP/USD pair advances on Wednesday during the North American session by 0.39% following the release of economic data from the United States (US). Also, fears of the United Kingdom’s (UK) government being unable to meet its fiscal requirements eased on signs that the economy continued to fare…
Green Bay Packers rookie Matthew Golden has revealed that he achieved his lifelong goal of buying his grandmother a home.