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Global News
Barclays Intends to Cut About 100 Senior Jobs at the Investment Bank
19 Jan 2020 @ 15:28
Barclays PLC intends to relieve about 100 senior jobs across its corporate and investment banks. The trimming exercise has begun in London as managing director and director positions are being affected. In London, a spokeswoman with the bank has declined to comment on planned retrenchment which happens to be first in 2020. Meanwhile, Jonathan Kitei, […]
BAE Systems Development of 3D Printing Capacity for Defense and Aerospace Sector
19 Jan 2020 @ 08:59
A Memorandum of Understanding (MOU) has been signed by Andy Schofield for BAE Systems, and Will Lee, Chief Executive, Renishaw, during a visit to our manufacturing facilities in Samlesbury, Lancashire. According to Andy Schofield, he is excited by this partnership to have addictive manufacturing which will bring about significant benefits to this sector. Andy Schofield […]
AstraZeneca to halt Epanova trial, expects $100 million compensation
16 Jan 2020 @ 23:25
Epanova is a heart disease drug to treat patients with mixed dyslipidemia. AstraZeneca is intending to stop the trial for the heart disease drug and expects a $100 million (76.92 million pounds) compensation to hit its profit in the fourth quarter. The major British drug maker by market value said the decision, is a sequel […]
Stellar (XLM) Bounces, Uptrend Uncertain
15 Jan 2020 @ 16:42
Key Resistance Levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Ranging Today, Stellar is making a positive move to come out of the oversold region. On December 17, the coin fell to the low $0.042 but has risen to a high of $0.050. The price movement had been rather slow because of […]
No Sign Of Recovery As USDCHF Stays On The Low Level At 0.9680
15 Jan 2020 @ 16:29
USDCHF Price Analysis – January 14 At the time of composing, the FX pair was trading at 0.9683 level, dropping 0.25% per day after discovering support around 0.9670 level. The USDCHF pair recovered its daily losses and was last seen trading at 0.9683 level, where it remained virtually unchanged during the day. Key Levels Resistance […]
Annual Forecast for S&P 500 – 2020
15 Jan 2020 @ 16:17
S&P 500 chart (SPI:SP500) is really a protracted bull market. In spite of disturbing news from all over the worlds, the market has been making news lower highs and higher highs. The historical data depicts fierce battles between bulls and bears between August and October 2019. The impasse ended in October that year and a […]
Bitcoin (BTC) Breaches More Resistances, Attempts To Terminate Downtrend
11 Jan 2020 @ 11:50
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance […]
Annual Forecast for Facebook (FB) – 2020
01 Jan 2020 @ 17:45
Facebook shares (NASDAQ:FB) are a bull market despite the current short-term weakness. The current bullishness started in October 2019, as price grinds higher and higher, albeit with low momentum. ADX 14 is at the level 20 (low momentum), and DM- is intertwined with DM+ as one is not clearly above the other. The market is […]
Cosmos (ATOM) Bounces But Struggles At $4.50 Resistance
01 Jan 2020 @ 17:30
Key Resistance Levels: $5, $6, $7 Key Support Levels: $3, $2, $1 ATOM/USD Price Long-term Trend: Bullish Cosmos is now in a bull market. Currently, the coin is trading below the $4.50 resistance. In retrospect, the bear market was terminated at a low of $2 and the coin rebounded. The upward move was resisted at […]
EURUSD Rallies Maintain Upside Momentum Close To The Price Level At 1.1200
01 Jan 2020 @ 17:16
EURUSD Price Analysis – December 30 The EURUSD pair spiked to the highest level since mid-August at the price level of 1.1211 and entered the consolidation phase. At the time of writing, the pair was ranging near the price level of 1.1200, adding 0.2% per day. Key Levels Resistance Levels: 1.1515, 1.1450, 1.1280 Support Levels: […]
