Dow Jones – 21.04.2025 – Orbex Forex Trading Blog

As the chart shows, today the Nasdaq 100 index (US Tech 100 mini on FXOpen) has, for the first time in history, climbed above the 24,500 level. According to media reports, bullish sentiment was driven by the long-awaited Fed decision to cut interest rates for the first time in 2025. Although the Fed also indicated…

2024.11.29 2024.11.29 Short-term Analysis for Oil, Gold, and EURUSD for 29.11.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is trying…

Most Read: GBP/USD Forecast: Technical Breakdown & Key Levels Amidst Dollar Strength The US Dollar has been enjoying a renaissance of sorts this week with gains largely down to US data not being bad at all. Looking at the data this week, the sales rate for US new homes spiked back to levels last seen…

Last year, we presented the Super Cycle target for Costco at $1006. COST already reached that area and therefore we’ll be looking at the Elliott Wave Structure to explain the next move within the cycle. Costco rally from 2022 is clearly infolding within an impulsive bullish structure and it’s looking to establish a regular 5…

Yesterday, traders focused on:→ labour market news, which showed a slight decrease in new unemployment claims;→ comments from the Federal Reserve: Christopher Waller stated that inflation is expected to fall to the target rate of 2% in the medium term, and further monetary easing would be “appropriate”. However, these factors did not lead to significant…