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Day: March 12, 2019

Apple’s streaming service is ‘a game changer,’ to add 100 million users in 3 years, Wedbush says

Apple’s entry into TV streaming will be a game changer, according to Wedbush Securities. The tech giant on Monday announced a press event on March 25 where it is widely expected to unveil its TV streaming services that will offer iPhone and iPad owners access to free original showsalong with other streaming services. Wedbush is …

Apple’s streaming service is ‘a game changer,’ to add 100 million users in 3 years, Wedbush saysRead More

Gold Rebounds on SMAs’ Bullish Cross and Holds in Ichimoku Cloud

Gold has been trading within the Ichimoku cloud after the rebound on the bullish crossover of the 20-and 40-simple moving averages (SMAs) around 1290.45 in the 4-hour chart. Looking at momentum indicators, the RSI is strengthening momentum above the 50 level as it is sloping upwards, while the MACD is trying to surpass the trigger …

Gold Rebounds on SMAs’ Bullish Cross and Holds in Ichimoku CloudRead More

US: Inflation Pressures Steady as She Goes in February

Consumer prices rose 0.2% on a month-on-month basis in February, in line with market expectations. Headline inflation was up a modest 1.5% on a year-on-year basis, the weakest pace since September 2016. Price pressures in the core (excluding food and energy) were a little softer than expected, up only 0.1% in February. A decline in …

US: Inflation Pressures Steady as She Goes in FebruaryRead More

Sterling Reverses as Brexit Turns Back into a Mess after Legal Setback

Sterling reverses and dives sharply as Brexit turns into a mess again. The new assurances UK Prime Minister Theresa May got from EU provided some nervous hope earlier today. But legal advice from Attorney General Geoffrey Cox killed the chance of getting the Brexit deal through the meaningful vote today. Basically, the updated deal just …

Sterling Reverses as Brexit Turns Back into a Mess after Legal SetbackRead More

How to Combine Fundamental and Technical Analysis

Fundamental and technical analysis can complement one another Fundamental and technical analysis can be combined to provide a holistic trading strategy. Traders often compare the differences between fundamental and technical analysis, however blending the two can have positive benefits. Although there are no hard facts as to which style of analysis is superior, combining the …

How to Combine Fundamental and Technical AnalysisRead More

Canadian Dollar Listless as U.S. Consumer Inflation Within Expectations

The Canadian dollar is almost unchanged in the Tuesday session. Currently, the pair is trading at 1.3390, down 0.02% on the day. In economic news, U.S. there were no surprises from consumer inflation numbers. Core CPI edged down to 0.1%, shy of the estimate of 0.2%. CPI remained steady at 0.2%. On Wednesday, the U.S. …

Canadian Dollar Listless as U.S. Consumer Inflation Within ExpectationsRead More

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