Curve Ahead Market Strategies

Is Wal-mart Deal to Jet.com for $3B a 'Desperate Move'?

Published on Aug 8, 2016 Aug. 8 — Wal-Mart Stores Inc. (WMT, quote) agreed to buy e-commerce startup Jet.com Inc. for about $3 billion in cash, giving the world’s largest retailer the resources for a stronger shopping website to compete with Amazon.com Inc., the online market leader.

GBPUSD Forecast August 9, 2016, Technical Analysis

The GBPUSD pair did very little during the day on Monday, forming a slightly negative candle.

EURUSD Forecast August 9, 2016, Technical Analysis

The EURUSD pair initially tried to rally during the course of the day on Monday, but turned back around to form a bit of a shooting star.

AUDUSD Forecast August 5, 2016, Technical Analysis

The AUDUSD pair rose slightly during the day on Thursday, as we continue to see bullish pressure.

EURUSD Forecast August 5, 2016, Technical Analysis

The EURUSD pair initially fell during the course of the session on Thursday, but found enough support to turn around and form a bit of a hammer.

EURUSD Forecast August 4, 2016, Technical Analysis

The EURUSD pair fell significantly during the course of the session on Wednesday, forming what is essentially a “today shooting star” in this market at the 1.12 level.

AUDUSD Forecast August 4, 2016, Technical Analysis

The AUDUSD pair went back and forth during the course of the day on Wednesday, essentially settling on a neutral candle.

EURUSD Forecast August 3, 2016, Technical Analysis

The EURUSD pair did have a bullish day during the day on Tuesday, breaking above the 1.12 level.

AUDUSD Forecast August 3, 2016, Technical Analysis

The AUDUSD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle.

AUDUSD Forecast August 2, 2016, Technical Analysis

The AUDUSD pair initially tried to rally during the course of the session on Monday, but turn right back around to form a bit of a shooting star.