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Stocks Rally as Earnings Remain Upbeat! – Orbex Forex Trading Blog
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TA Alert of the Day: Overbought Stochastic Crossover Suggests USD/JPY Rally May Be Losing Steam
BySilas WUSD/JPY is still holding near recent highs, but momentum conditions are starting to look more fragile. A bearish Stochastic crossover has appeared while the oscillator remains in overbought territory, a combination that often gets traders’ attention. When these shifts occur near key price areas, follow-through (or lack of it) can become clearer over the next…
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Several Points of Focus Today – Currency Thoughts
BySilas WSeveral Points of Focus Today November 20, 2024 Third-quarter earnings from the Nvidia, which arrive after markets close today, could be highly influential in determining where the stock market goes from here. Forward guidance from the AI chipmaker holds the key. Disinflation and sluggish growth in the euro area are the backdrop to the recent…

