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The leading cryptocurrency BTC/USD pair has violated the upward channel at 11,700 level, and it’s looking to close a candle below this level. There’s a strong odds of bearish trend continuation, checkout Tradingpedia Bitcoin analysis video to learn more about trade setup.
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Copper on a three-week low on China demand concern Copper fell on Monday and extended last weeks decline on renewed concern over demand from top consumer China as profits earned by Chinese industrial companies in June rose less year-on-year compared to the previous month.On the Comex […]
General Electric Co.’s share price down, posts second-quarter profit that matches analysts’ forecasts, prepares Synchrony IPO General Electric Co. made an official statement today, announcing its profit over the second quarter that matched analysts expectations. The profit was boosted by increasing industrial margins, while the company is preparing for its Synchrony […]
Gold weekly recap, February 3 – February 7 Gold rose on Friday, marking the largest weekly advance in more than a month, after US payrolls increased less than analysts forecast. The metal drew support as China, which probably overtook India as the largest consumer last year, opened its […]
Copper futures fluctuate on Bernanke comments, U.S. housing data Copper fluctuated on Wednesday but traded mostly higher after comments by Federal Reserve Chairman Ben Bernanke on Tuesday implied the central bank will maintain its stimulus in the near-term, boosting raw materials demand prospects. Gains […]
Forex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.2786-1.2875. The pair closed at 1.2854, shedding 0.12% on a daily basis. It has been the 44th drop in the past 88 trading days. The daily high has been a lower-high test of the high from May […]
Toshiba to invest $1 billion to further expand production of power chips Toshiba Corp (6502) announced on Friday plans to invest around JPY 125 billion ($1.09 billion) to more than double production of power management semiconductors in an attempt to better compete with power chip manufacturers such as Infineon […]