Dow Jones – 05.06.2024 – Orbex Forex Trading Blog

The USDCAD remains directionless in the short term, trading within well-defined technical boundaries as market participants await a decisive break. On the 4-hour chart above, price action this week has respected major moving average levels: Tuesday’s high extended up to test the 100-day moving average, currently at 1.37954, where sellers leaned against resistance and held…

2025.11.21 2025.11.21 XAU/USD: Elliott Wave Analysis and Forecast for 21.11.25 – 28.11.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 4,248.00 with a target of 3,742.00 – 3,335.00. A sell signal: the price holds below 4,248.00. Stop Loss: above 4,248.00, Take Profit:…

The next two days is going to be a tricky one for markets with month-end trading in focus. And perhaps we got a taste of that already yesterday. As market players move to price in ~55 bps of rate cuts for the Fed by year-end already, the dollar seemed to have found a floor as…

Lam Research Corporation (LRCX) designs, manufactures, markets, refurbishes & services semiconductor processing equipment used in the fabrication of integrated circuits in the US, China, Korea, Taiwan, Japan, Southeast Asia & Europe. It comes in Technology Semiconductor sector & trades as “LCRX” at Nasdaq. LRCX favors bullish impulse rally in weekly in I of (III) started…