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Super Micro Computer (SMCI) Shares Surge 13%
BySilas WThe Super Micro Computer, Inc. (SMCI) stock chart shows:→ Friday’s closing price rose over 13% from Thursday’s close;→ The stock has surged more than 80% from its February low;→ Friday’s close marked the highest level since late October 2024. SMCI’s rally comes despite an 11 February quarterly report that missed expectations:→ EPS: $0.59 vs. expected…
EUR/USD Weekly Outlook – ActionForex
BySilas WEUR/USD’s strong rally and break of 1.1807 confirms that rise from 1.1467 is resuming. Also, corrective pattern from 1.197 could have completed with three waves to 1.1576. Initial bias stays on the upside this week for retesting 1.1917. Firm break there will resume larger up trend. On the downside, below 1.1727 minor support will mix…
EUR/USD remains below 1.1100, faces challenges due to rising odds of ECB rate cut
BySilas WEUR/USD may face challenges as recent Eurozone inflation data have strengthened the likelihood of an ECB rate cut. Friday’s US economic data raised uncertainty over the likelihood of an aggressive Fed rate cut in September. Chicago Fed President Goolsbee stated that Fed officials are starting to align with the broader market’s sentiment of rate adjustment….
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 02.12.2024 | LiteFinance
BySilas W2024.12.02 2024.12.02 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.12.2024 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Bitcoin has likely started a sideways correction. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to decline in subwave…
Summary 6/10 – 6/14 – Action Forex
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EUR/USD refreshes two-year low as Fed seems to cut only once this year
BySilas WEUR/USD slumps to near 1.0200 as the US Dollar remains firm on expectations that the Fed will cut interest rates only once this year. Traders pare Fed dovish bets after upbeat US NFP data for December. ECB’s Lane supports more rate cuts to ensure the Eurozone doesn’t grow too slowly. EUR/USD slides to a fresh…

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