On Tuesday, the Dow Jones (US30) Index was down 0.75%. The S&P 500 Index (US500) decreased by 0.78%. The NASDAQ Technology Index (US100) closed negative 1.37%. The Biden administration is discussing imposing country-specific restrictions on sales of advanced artificial intelligence chips. This hurt the stocks of chip and chip companies. ASML shares fell by 16.5%…
Netflix ↑ 45% year-to-date Shares could move 7.6% % ↑ or ↓ post-earnings Subscription numbers & live sports offering in focus Technical levels – $735 & $700 Netflix is probably one of the first providers you think about regarding TV streaming services. And it remains the biggest player in this space, boasting almost 280 million…
The US Dollar Index (DXY) continues to advance due to a lack of impactful US data and expectations of robust retail sales. Donald Trump’s comments on tariffs and the Federal Reserve’s independence. The DXY faces technical challenges, with the RSI in overbought territory, but the overall outlook remains bullish. Most Read: The US Dollar Index…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! USDCHF short term forecast follow-up and update is here. On August 6th I shared this “USDCHF Technical Analysis And Short Term Forecast” post in our blog. In this post, let’s do a recap of…
The price of ApeCoin continued on Wednesday with a bearish consolidation to the 0.720 support level The price of Akita Inu has been in lateral consolidation in the 0.00000010150-0.00000010750 range since yesterday. ApeCoin chart analysis The price of ApeCoin continued on Wednesday with a bearish consolidation to the 0.720 support level. Here, we are…
Prior month import prices -0.3% revised to -0.2% US import prices MoM -0.4% versus -0.2% expected US export prices MoM -0.7% versus -0.4% expected Previous export prices revised to -0.9% from -0.7% Import prices year on year -0.1% which was the first 12 month drop since February 2024 Export prices fell -2.1% year over year….
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! NZDUSD short term forecast and technical analysis is here. The way I would like to analyze the chart for setups is based on multi-timeframe confirmations because in my POV if we get more…
Pound Sterling plummets as soft UK Inflation boosts dovish BoE bets The Pound Sterling (GBP) falls vertically below the psychological support of 1.3000 against the US Dollar (USD) in Wednesday’s London session. The US Dollar stays afloat near a more than two-month high as traders have priced in moderate interest rate cuts from the Federal…
If you were to ask a group of profitable forex traders what the secret to their success is, chances are that you’ll hear the word “consistency” more than once. Unfortunately, achieving consistency is easier said than done. But by creating a process and setting trading rules for yourself, you can achieve consistency in your execution,…
By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) -Sterling tumbled to its lowest in two months on Wednesday after softer than expected British inflation data offered scope for the Bank of England to cut rates more forcefully, while the euro was at a 10-week low ahead of a European Central Bank meeting. The pound dropped…