FX Weekly Recap: November 4 – 8, 2024

The ADX indicator on the 4-hour XAU/USD chart has dropped to a multi-month low, signalling the absence of a clear trend. At the same time, a technical assessment of price movements allows for the construction of a symmetrical triangle pattern with a central axis around $4,205 — indicating that the current price reflects an equal…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Let’s be honest—learning how to organize digital photos is like cleaning out that one closet you’ve been ignoring. You know it’s bad. You know there are digital photos hiding in every corner of your devices, and yet, you keep taking more photos anyway. Sound familiar? Yep, same here. The truth is, organizing digital photos doesn’t…

As shown by the Ford (F) share price chart today, the price has fallen to $9.25 – its lowest level since early 2021. This drop occurred following the publication of the quarterly earnings report on 5 February: → Earnings per share: Actual = $0.39, Expected = $0.34; → Gross revenue: Actual = $48.2bn, Expected =…

Apple broke higher this week on the back of the new AII news for the company (and its products announced ar the World Wide Developers Confeence. Fundamentally, the hope is the new AI initiatives will stir a new round of product upgrades for its user base. That is something new vs what has been ho-hum…

Copper and everything related to it is rallying once again today. It’s a theme I’ve been writing about for years. The Scotiabank metals team put out their latest valuation check on the base metals mining space and the takeaway is that things are starting to look reasonable — but not cheap. Cu miners are now…