Source: PaxForex Premium Analytics Portal, Technical Insight Tesla shareholders were advised to fire Elon Musk to avoid paying $55bn. Tesla investors are encouraged to vote for the dismissal of the company's executive director from the company's board of directors as dissatisfaction with the deal on his bonuses is accumulating, which could result in a record $55.8bn payout to the director. Tesla, H4 Pivot: 1208.00 Analysis: Provided that the asset is traded above 1181.10, follow the recommendations below: Time...
Source: PaxForex Premium Analytics Portal, Technical Insight According to the President of the St. Louis Federal Reserve Bank J. Bullard in an interview with the Financial Times (FT): The control of the yield curve is the last in the list of priorities of the Fed. We're still in the middle of a crisis. The threat of a financial crisis persists. Without an effective policy, we could get a wave of bankruptcies, which could provoke a financial crisis. It is necessary to make sure that the markets will...
Source: PaxForex Premium Analytics Portal, Technical Insight Japanese government secretary general Yoshihide Suga gave up the idea of re-introducing the emergency regime despite the growing number of new cases of coronavirus in the capital. There is no need to reintroduce the emergency regime. There has been an increase in the number of cases among young people, but the number of serious cases is decreasing. On Thursday in Tokyo 107 new patients were registered - the maximum since May 25, when Japan left the...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CHF currency pair is traded at 0.9440 and continues its movement within the decline framework and start of the "Triangle" pattern. The pair is traded below the lower boundary of the Ichimoku Kinko Hyo Indicator Cloud. This indicates a bearish trend for the pair. The correction and lower boundary test of Ichimoku Kinko Hyo indicator cloud near the level of 0.9490 are expected to develop. Where to expect the attempt of bounce and continuation of the...
Source: PaxForex Premium Analytics Portal, Technical Insight Apple will again close more than 30 stores in the U.S. due to increased disease rates in several states, CNBC reports. It notes that we are talking about Alabama, California, Georgia, Idaho, Louisiana, Nevada and Oklahoma. Stores are already closed in Florida, Mississippi, Texas and Utah. Apple was one of the first companies to close its stores to prevent the coronavirus from spreading. Recently, stores have started to open in a sanitary environment, but due to the...
