Tag Archives: Technical Analysis

(Jan 4): The Dow Jones Industrial Average sailed past the 25,000-mark for the first time on Thursday, while other major indexes rose to new highs…

OVERVIEW US manufacturing activity accelerates; construction spending hits a record high. USD higher against the majority of G10 counterparts.  German unemployment is at a record low. Fresh record highs for US stock markets. Oil prices hit fresh 2-1/3 year highs. HIGHLIGHT Unemployment in Germany hit a record low of 5.5% last month as its jobless […]

The dollar has settled after yesterday extending the recent run lower. EUR-USD oscillated in a narrow range in the mid 1.20s, below the four-month high posted yesterday at 1.2082. USD-JPY steadied following a seven consecutive session run lower, which yesterday left a 19-day low at 112.05. The pair retains a heavy technical tone. The rebound […]

The dollar posted modest gains in N.Y. on Wednesday, taking the DXY from overnight lows of 91.81, to 92.24 highs, before pulling back to near 92.05. A strong U.S. manufacturing ISM outcome supported the greenback, though there appeared to be little USD buying conviction in the market ahead of the key December jobs report on […]

KUALA LUMPUR (Jan 3): Kerjaya Prospek Group Bhd is proposing to undertake a bonus issue of up to 677.44 million new shares in the company…

KUALA LUMPUR (Jan 3): Westports Holdings Bhd said it achieved a container throughput of about nine million twenty-foot equivalent units (TEU) for financial year ended…

KUALA LUMPUR (Jan 3): Credit Suisse analyst Danny Chan upgraded the recommendation on My E.G. Services Bhd to outperform from neutral. Chan raised the target price…

KUALA LUMPUR (Jan 3): Felda Global Ventures Holdings Bhd (FGV) has secured Roundtable on Sustainable Palm Oil (RSPO) certification for eight mill complexes at the end…

SINGAPORE (Jan 3): BMI Research upgrades its end-2018 forecast for MYR to 3.90/USD from 4/USD as appreciation trend continues to look bullish from a technical…

KUALA LUMPUR (Jan 3): Samling Group, the Malaysian timber giant, is planning an initial public offering of its automotive operations that could raise more than…

KUALA LUMPUR (Jan 3): Datuk Seri Najib Tun Razak said today he is monitoring the situation in the flood-hit states and ensuring that adequate aid…

KUALA LUMPUR (Jan 3): The FBM KLCI rose 10.09 points or 0.6% while trading volume across Bursa Malaysia topped five bllion shares on Malaysia’s 14th…