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The USD/JPY currency pair is trading precisely in line with our forecast at 106.300 level. Violation of the ascending triangle pattern seems to drive more buying in the USD/JPY pair; therefore, it can offer another buying signal. Are you ready to trade? Checkout the USD/JPY forex trading signal in a video analysis above. Good luck!
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Home Depot Shares Climb 3% to $391 on Solid Q1 Net Sales of $39.86B Key Moments:Home Depot shares rose 3% in premarket trading on Tuesday, reversing prior-day losses and reaching $391.
Q1 net sales totaled $39.86 billion, beating analyst expectations of $39.24 billion, with adjusted EPS meeting […]
JPMorgan Boosts ULTA Beauty Price Target to $525, Stock Jumps 7.64% to $454 Key Moments:JPMorgan lifted ULTA Beauty’s price target from $477 to $525.
ULTA reported a Q1 EPS of $6.70 and revenue of $2.85 billion, both exceeding expectations.
The company’s shares rose by over 7% to $454 during pre-market […]
Commodity Market: Gold plummets to an eight-month low as US bond yields surge to 52-week highs Spot Gold extended losses from the previous three trading days on Friday, while hitting a fresh eight-month low, as optimistic macroeconomic outlook and higher inflation expectations gave US bond yields a boost.The commodity was also […]
Coca-Cola Eyes December IPO Draft Filing for India Unit
Key Moments
Coca-Cola is evaluating a December draft prospectus filing for a possible IPO of Hindustan Coca-Cola Beverages, according to a Bloomberg News report.
The potential listing is expected to focus on share sales by […]
Forex Market: EUR/USD daily trading forecast Yesterday’s trade saw EUR/USD within the range of 1.1752-1.1860. The daily low has also been the lowest level since December 8th 2005. The pair closed at 1.1772, losing 0.52% on a daily basis, which marked a second consecutive daily […]
Euro Area CPI inflation confirmed at 2.5% in June The annual CPI inflation rate in the Euro Area was confirmed at 2.5% in June, while easing from 2.6% in May.A year earlier, CPI inflation stood at 5.5%.In June, inflation eased for energy (0.2% YoY versus 0.3% YoY in May) and for […]