|
Midday update for the EURUSD 04-08-2022
The EURUSD pair continues to fluctuate near 1.0200 level without managing to breach it, and as long as the price is above 1.0100, our bullish overview will remain valid for today, waiting to get strong positive motive that assist to push the price to breach the mentioned level and rally towards 1.0278 followed by 1.0355 as next main targets.
The expected trading range for today is between 1.0100 support and 1.0260 resistance.
The expected trend for today: Bullish
Robinhood pierces current resistance - Analysis - 04-08-2022
Robinhood's stock (HOOD) rose after pledging to focus on retail investors, while announcing a cut of 23% in the workforce due to weak trading while reporting a larger loss than expected, at 34 cents per share, with active monthly users down to 14 million, with the stock surging 11.7%, or 1.08 points, settling at 10.31, with trading volumes surpassing 37.4 million shares, above 10-day averages of 10.7 million shares.
MoreStarbucks returns higher - Analysis - 04-08-2022
Starbucks' stock (SBUX) returned higher in the intraday levels after reporting record quarterly profits, beating estimates handily, with the stock rallying 4.25%, or 3.56 points, and settling at 87.27, with trading volumes surpassing 13 million shares, above 10-day averages of 7 million shares.
MoreCVS spikes - Analysis - 04-08-2022
CVS's stock surged after the pharmaceutical retail company reported forecast-beating profits and raised outlook for the entire year, with the stock surging 6.30%, or 6.01 points, settling at 101.38, with trading volumes surpassing 11.6 million shares, above 10-day averages of 5.4 million shares.
More