technical

The US Dollar (USD) trimmed most of its Federal Reserve (Fed) Chair Jerome Powell-inspired losses on Monday, resulting in EUR/USD falling towards the 1.1600 mark.

GBP/USD lose more than 0.5% on Monday and erased a large portion of the gains it recorded on Friday. After finding support near 1.3430, the pair staged a rebound and was last seen trading above 1.3450.

EUR/USD failed to build on previous Friday’s gains and closed deep in negative territory on Monday. The pair struggles to hold its ground in the European session on Tuesday and trades above 1.1600.

Gold finds renewed demand and eyes $3,400 early Tuesday, following a brief pullback stint on Monday. Buyers gather pace near 11-day highs above $3,380 before the next push higher.

Sub-standard revenue growth compared to its industry peers, decreasing free cash flow, and eroding returns on capital flash significant red flags. Contracting profit margins add to concerns, but should you sell the rally now?

Shareholder value destruction, limited upside potential based on average analyst price targets, and negative revenue growth over the past year highlight underlying issues. How should you approach this insurance company following a two-day breakdown?