Facebook CEO Mark Zuckerberg said he "struggled" with how to respond to the posts of President Donald Trump - both on Facebook and Instagram. Eventually, although Trump's posts were worrisome, Zuckerberg said he "strongly disagrees with the way the president talked about it," but Facebook decided not to remove them. Facebook, H4 Pivot: 225.17 Analysis: Provided that the asset is traded above 222.60, follow the recommendations below: Time frame: H4 Recommendation: long position Entry point: 225.17...
The price of gold rose on Thursday as the deterioration in U.S.- Chinese relations due to Beijing's decision to introduce a national security law in Hong Kong increased doubts about a rapid economic recovery. GOLD/USD, 30 min Pivot: 1720.39 Analysis: Provided that the price is above 1711.00, please follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1720.39 Take Profit 1: 1728.00 Take Profit 2: 1735.00 Alternative scenario: In case of breakdown of the level 1711.00...
The pressure factor for the pair was the retreat of the US dollar. Previously, the U.S. published some predictably weak reports: on GDP, orders for durable goods, initial jobless claims. Now the US dollar index is trading at 98.78, down 0.17%. Canada published 1Q current account data, which reflected the deficit growth to 411.1bn. USD/CAD, 30 min Pivot: 1.3770 Analysis: Provided that the currency pair is traded above 1.3740, follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 1...
On Wednesday, Arizona filed a consumer fraud suit against Google Alphabet Inc, claiming that the U.S. technical giant used "deceptive" and "dishonest" methods to obtain data on the location of users. "Google collects detailed information about its users, including their physical location, to target users for advertising. This is often done without users' consent or knowledge," Attorney General Mark Brnovich said on Wednesday's Twitter. Google, H4 Pivot: 1421.93 Analysis: Provided that the...
According to the White House spokesman, President D. Trump intends to sign a presidential decree aimed at social media platforms. The decree is to be signed today. Earlier Trump decided to declare war on social networks after Twitter first marked one of his posts as unreliable. In response, the president accused the company of violating freedom of speech and discriminating against conservatives, and promised to tighten regulation of social networks up to their ban. USD/JPY, 30 min Pivot: 107.77 Analysis: Provided that the...
