On 24th July, we noted in our analysis of the Alphabet Inc (GOOGL) price chart:→ The share price had fallen despite the report’s results surpassing analysts’ expectations;→ The upward momentum in the price chart was losing strength. Since that publication, the Alphabet Inc (GOOGL) share price has dropped by 5%. While the sharp decline in…
SEOUL (Reuters) – The head of Mercedes-Benz (OTC:) in South Korea will meet on Wednesday residents of an apartment complex damaged by a fire that started in one of its electric vehicles (EVs) and burned for more than eight hours, stoking public safety fears. Mathias Vaitl, the chief executive of Mercedes-Benz Korea, will hold a…
GoldGuard EA Review: A Comprehensive Analysis of a Promising Forex Tool The forex trading market is saturated with Expert Advisors (EAs) that promise stellar returns, but few live up to the hype. Enter GoldGuard EA—a tool that has garnered significant attention for its impressive track record. This article provides an in-depth review of the GoldGuard…
Bitcoin price initiated a bullish consolidation on Tuesday 72.167.51.175 Source link
NZDUSD had been in a recovery mode since early August But 200-day SMA rejects advance after dovish RBNZ meeting Oscillators deteriorate, yet remain neutral-to-positive NZDUSD had been steadily regaining ground since the beginning of the month after finding its footing near the previous 2024 low of 0.5851 registered in April. However, the rebound paused at the 200-day…
Global fintech firm GTN announced today (Wednesday) that it has appointed Ahmad Abouardini as its new Middle East Relationship Manager. Abouardini brings over eight years of experience from Saxo Bank, where he oversaw strategic relationships and platform sales in the region. The appointment comes as GTN seeks to strengthen its presence in the Middle East…
Unlike the Euro, where the upward movement was anticipated, the British Pound has been more uncertain, as the presumed correction in wave 2 appeared unclear and distorted. The price spike during yesterday’s trading does not guarantee that the upward movement is impulsive and constitutes wave 3. In the near future, a reversal is possible, but…
Investing.com– Most Asian currencies firmed on Wednesday, while the dollar dropped after a soft U.S. producer inflation reading pushed up hopes that similar easing in consumer inflation will spur deeper interest rate cuts. The New Zealand dollar was an exception, logging steep losses after the Reserve Bank of New Zealand unexpectedly cut interest rates and…
The USD/CAD pair has experienced a significant decline, dropping sharply from 1.3946 to as low as 1.3703. This movement raises important questions about the pair’s future direction and potential trading opportunities. Current Market Dynamics As long as the price remains below the falling trend line on the 4-hour chart, we can expect the downtrend to…
Reserve Bank of New Zealand Orr: confident inflation back in its target band can commence re-normalising rates we considered a range of moves and consensus was for 25bps Earlier, read from the bottom up for the chronology: Market pricing is for an Reserve Bank of New Zealand rate cut at its next meeting too ICYMI…