Market Analysis: AUD/USD Much Higher—Uptrend Shows Strength
AUD/USD started a decent increase above the 0.6480 and 0.6500 levels.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar started a decent increase above the 0.6450 level against the US Dollar.
- There is a connecting bearish trend line forming with resistance at 0.6530 on the hourly...
Nikkei 225 Index Rises Towards the 42,000 Level
As the chart indicates, the Nikkei 225 stock index has today risen to the 42,000 mark, which is just below its all-time high.
Among the bullish drivers:
→ Corporate news. Strong quarterly results were reported by Sony Group and SoftBank.
→ Trade agreement developments. Positive news flow surrounds a potential...
Apple (AAPL) Shares Surge to Four-Month High
According to the AAPL price chart, the stock rose to the $220 level yesterday – marking its highest point since early April.
The rally was fuelled by several bullish factors:
→ Trade developments: President Trump announced an additional 25% tariff on goods from India, but notably excluded smartphones – a key...
EUR/USD Rises 2.3% Since the Beginning of August
As the EUR/USD chart shows today, the euro has strengthened against the US dollar, climbing above the 1.1670 level, compared to the 1.1400 area at the beginning of the month.
Why Is EUR/USD Rising?
According to Reuters, the US dollar's weakness is being driven by:
→ Expectations of a Federal Reserve rate cut,...
Forex Market Structure and Factors Affecting It
The forex market, a vast and dynamic financial arena, operates uniquely as a decentralised over-the-counter network. This article delves into its intricate structure, exploring the roles of various participants and the influence of technology. Understanding these elements is essential for anyone looking to navigate...
Natural Gas Prices Fall to Yearly Low
Analysing the chart on 22 July, we constructed a descending channel and assumed that natural gas prices would continue to form a bearish market structure of lower highs and lower lows. Since then, the market has declined by almost 10%.
As the XNG/USD chart shows today, natural gas prices are hovering around the...
AMD Shares Decline Despite Strong Earnings Report
Yesterday, following the close of the stock market, Advanced Micro Devices released a strong quarterly earnings report:
→ Earnings per share came in at $0.48 (roughly in line with forecasts);
→ Revenue reached $7.68 billion (versus expectations of $7.41 billion).
At the same time, CEO Lisa Su stated: “We’re...
Market Analysis: EUR/GBP Loses Momentum
EUR/GBP is consolidating and might aim for a fresh increase above 0.8700.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP is trading in a positive zone above the 0.8665 pivot level.
- There is a short-term declining channel forming with resistance near 0.8705 on the hourly chart.
EUR/GBP Technical Analysis...
Market Analysis: GBP/USD Rebounds Cautiously
GBP/USD is attempting a recovery wave above the 1.3215 resistance.
Important Takeaways for GBP/USD Analysis Today
- The British Pound is attempting a fresh increase above 1.3265.
- There is a contracting triangle forming with resistance at 1.3375 on the hourly chart of GBP/USD.
GBP/USD Technical Analysis
On...
XBR/USD Chart Analysis: Oil Price Declines Towards Key Support
As the XBR/USD chart shows, Brent crude oil has made two significant moves recently:
Last week’s price increase (A) followed President Donald Trump’s intentions to impose tariffs on India due to its purchases of Russian oil. This could have disrupted established oil supply chains.
The price...
Nasdaq 100 Analysis: Index Rebounds After Friday’s Decline
The release of disappointing US labour market data on Friday unsettled both stock market participants and the President of the United States:
→ Donald Trump promptly dismissed Erica McEntarfer, Commissioner of the Bureau of Labor Statistics, accusing her of falsifying employment data.
→ Stock indices...
Cyclical Stocks vs Non-Cyclical Stocks: How Can You Trade Them?
Not every stock is created equal. One of the biggest distinctions is cyclical vs non-cyclical—those that grow or decline alongside economic conditions and those that are less sensitive. In this article, we explore the key differences between the two, how to analyse both, and how to trade them.
...
Market Insights with Gary Thomson: BoE Interest Rate, Canada Jobs Data & Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode of Market...
Meta Platforms (META) Shares Decline
Shares of the US tech giant Meta Platforms (META) hit a record high last week, climbing above $780 following the release of a strong earnings report:
→ Earnings per share (EPS) came in at $7.14, significantly exceeding the forecast of $5.88.
→ The company also outperformed expectations on key metrics related to advertising...
US Dollar Index (DXY) Plummets Following Labour Market Data
The US Dollar Index (DXY) fell by approximately 1.4% on Friday after the release of disappointing US labour market figures. According to Forex Factory:
→ The unemployment rate rose from 4.1% to 4.2%;
→ The Nonfarm Employment Change figure came in at 73K, well below the forecast of 103K. This is the...
Apple (AAPL) Shares Jump Following Earnings Report
Yesterday, after the close of the regular trading session, Apple released its earnings report, which surpassed analysts’ expectations:
→ Earnings per share: actual = $1.57, forecast = $1.43;
→ Revenue: actual = $94.04 billion, forecast = $89.35 billion.
As a result, AAPL shares surged in the post-market,...
USD/CAD Rises to 2-Month High
Today, the USD/CAD exchange rate briefly exceeded the 1.3870 mark – the highest level seen this summer. In less than ten days, the US dollar has strengthened by over 2% against the Canadian dollar.
Why Is USD/CAD Rising?
Given that both the Federal Reserve and the Bank of Canada left interest rates unchanged on Wednesday (as...
Fibonacci Arcs in Stock Trading
Fibonacci arcs, derived from the renowned Fibonacci sequence, offer a compelling blend of technical analysis and market psychology for traders. By mapping potential support and resistance areas through arcs drawn on stock charts, these tools provide insights into future price movements. This article delves into the practical...
