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Light Week: This is going to be a relatively light week as far as fundamental releases of significance toward central bank policies. US GDP data on Thursday (8/28) will probably be this week most important data point. Monday (8/25) German Ifo Business Climate (August): Forecast: 107.1, July: 108.0 As economic data shows a slowdown in the Eurozone, businesses are feeling the pinch. The German Ifo Business Climinate survey is expected to show the ...
In its latest mobile app report, comScore tracks the 25 most popular apps in the US. This is an interesting slice of the App Store, as it highlights active usage, not just one-time downloads or recent popularity. Some observations: Facebook is by far the top app, with 115.4 million unique visitors in June. With 160 million total US app users, that’s 72% penetration—pretty impressive. (For context, Facebook said it had 1.1 billion mobile users ...
AUD/JPY just broke into fresh highs on the year during the 8/21 session after consolidating since April. AUD/JPY’s price action in 2014 can be described as bullish in Q1, then neutral since Q2 after price hit a high around 96.50. You can say that price has been in a sideways market, or you*can also say that it was in*an ascending triangle. The most important thing in the daily chart is that during this multi-month consolidation, price preserved the bullish bias by staying above the 200-day ...
Litecoin Holds Below 6.00, Continues Bearish Trend By Forexminute - Fan Yang | Litecoin | Aug 23, 2014 7:45PM BST Litecoin was in a consolidation and bullish correction mode last week, rallying from a low of 3.33 to 6.19. There was resistance around the 6.0 handle, and price retreated since than. During the 8/23 Saturday session, price continues to slide, ...
AUDUSD has been in a steady downtrend as the latest test of the falling trend channel resistance is showing downside FX momentum. This marks the third impulse wave lower, which might last until the bottom of the channel at the .9150 minor psychological level. Earlier in today’s Asian trading session, the HSBC flash manufacturing PMI for China showed weaker than expected results, leading ...
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