Overall Analysis After breaking its upside channel pattern, the EUR/USD pair fell sharply without any halt. EUR/GBP failed to sustain at higher levels. Price fell sharply and is currently near day resistance. EUR/USD Chart Analysis EUR/USD 15-Minute Chart (Source: TradingView) On the 5th Nov 2024 trading session, EUR/USD pair showed an upside rally till the…
While identifying the direction of a trend is important, knowing how strong that trend is can provide an additional edge. This is where the average directional index (ADX) comes into play. The ADX is a technical analysis tool that helps traders gauge the strength of a trend, regardless of whether the market is moving up…
Can gold prices go any higher from here? I’m seeing some signs of rally exhaustion on its 4-hour time frame and a potential reversal chart pattern, too! Check out these inflection points to gauge if the trend is still likely to continue: Gold (XAU/USD) 4-hour Chart by TradingView It looks like gold traders are also…
TOKYO (Reuters) – Toyota Motor (NYSE:) posted a 20% decline in second-quarter profit on Wednesday, as slowing sales and production volume hurt results. The 1.2 trillion yen ($7.81 billion) operating profit compared to 1.4 trillion yen in the same period last year, and the 1.2 trillion yen average of nine analyst estimates compiled by LSEG….
New Program Wins and Improving Gross Margins SPOKA The post Key Tronic Corporation Announces Results for the First Quarter of Fiscal Year 2025 appeared first on ForexTV. Source link
Discover why stock prices often drop after a rally and how understanding market psychology can help you time better entry points. Source link
Key Highlights GBP/USD is attempting to recover from the 1.2840 support zone. A connecting bearish trend line is forming with resistance at 1.3020 on the 4-hour chart. EUR/USD could gain bullish pace if it clears the 1.0920 resistance. Bitcoin bulls aim for a fresh move above the $70,000 resistance. GBP/USD Technical Analysis The British Pound…
As the ballot counting for the US Presidential election has started, the global financial markets have already started to react. Although the US stock markets are already closed, key indices ended yesterday (Tuesday) with a bullish trend. Catch the live update of US Presidential election results here. No matter who wins, Donald Trump or Kamala…
The EURUSD pair has recently experienced a significant shift in momentum, marking an end to its impressive rally from 1.0761 to a peak of 1.0936. This upward move, which had been the focus of much market attention, appears to have run its course. In a sudden turn of events, the pair has retreated sharply from…
By Marcela Ayres and Lisandra Paraguassu BRASILIA (Reuters) – Brazil’s government is preparing measures to curb spending that would put health and education expenditures under a general cap that already applies to other outlays, two officials familiar with the matter said on Tuesday. The measures, which have not been finalized, are aimed at easing fiscal…