The AUD/USD pair saw upward movement on Monday, benefiting from the subdued activity in the US markets due to the Memorial Day holiday, which left the Greenback weaker. This rise extends Friday’s recovery into a second consecutive day, providing some momentum for the Aussie dollar. Economic Indicators to Watch Australian Retail Sales and CPI Data: Tuesday:...
During Wednesday's London session, EUR/USD extended its losses, approaching 1.08370. The pair faces challenges as the US Dollar (USD) gains ground amidst rising risk aversion sentiment. This shift in market sentiment is possibly triggered by hawkish remarks from Minneapolis Fed President Neel Kashkari, who suggested that further rate hikes remain a possibility....
USD/CNH: BofA’s Caution, JPM’s Warnings Bank of America (BofA) has expressed caution about betting against the US dollar in the face of recent improvements in sentiment towards China's economic policy stimulus. Recent policy actions by China have sparked optimism, leading to a weakening of the USD. However, BofA advises against making hasty financial moves based...
Bitcoin's daily Fibonacci line has a correction target of 0.618~0.5. Reaching the target price is only possible in time.
Frontier is a chain-agnostic decentralized finance (DeFi) aggregator. The project aims to add DeFi support to several blockchains, including BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC) and Harmony (ONE).
5/29/24 - vrockstar - NYSE:PATH - tough one here guys/ but i'm taking a small position here AH -30%. this is NOT an easy entry, so keeping it small for now. the 2Q revenue guide is defn a problem. could hold the stock hostage, and might be worth listening to the call to see if anything changes. stock *deserves* to be down a lot, 30% though? so let's do the math....
Silver has surged 33% this year, driven by its critical role in modern technologies and as a hedge against currency devaluation. Alan Hibbard, a noted analyst, recently discussed the factors behind silver's rise on Schwab TV, highlighting robust demand from both retail and institutional investors. Analysts expects silver to outperform gold in the short term,...
-275 +272.5 / -297.5 +300 May 31st expiry, Premium after fees: $170.44 / capital required: $75 227% gain on capital. 2 DTE May 31st Expecting CRM to bump up before expiry
Abercrombie & Fitch ( NYSE:ANF ) shares rose 23.27% to an all-time high on Wednesday as the clothing retailer's first-quarter results exceeded estimates and raised its guidance. The company reported quarterly net income of $113.9 million, nearly seven times greater than a year ago, with earnings per share (EPS) of $2.14, up from $0.32 in 2023. Revenue jumped 22%...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
-Fibonacci Extension -Volume increase Faraday Future has been known for its ambitious goals in developing electric vehicles with advanced technologies. However, as of my last update, the company has faced various challenges, including financial difficulties and delays in bringing its vehicles to market.
we are practically buying the very dipped stock to ensure low risk and high returns
Here is a quick look at DOGE. We are trading in a clean range within defined highs and lows (buyside liquidity and sellside liquidity). IF we hold the current levels we should expect further pa to the upside targeting the liquidity sitting around 0.21000$ IF we fail to hold the current levels and close below (clean candle close) the current lows expects us to...
Company made 52 weeks high with good volumes, looking very bullish on weekly and monthly time frame. High Management efficiency with strong financial performance make this company attractive to investors, Industry leader in their Segments. Looking good for long term. Note. Please consult your financial advisor before making any investments.
MSUMI looking great at current level for long term, fundamentals are good with strong financial performance and improvements, Investor Participation are increasing, with the curren demand in Auto Ancillary space this stock may get benefits. Note: Please consult with your financial advisor before making any investments.
FX:EURUSD is forming a correction after a false breakdown. The movement is formed after updating the local highs. The fundamental background for the currency pair is positive. The false breakout occurs against the resistance at 1.0885, as well as the rising line limiting the trend. If the fundamental background persists, in this case the correction will not...
FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the...
PHBUSDT shows a bullish momentum with a reversal pattern of bullish divergence at 4H TF. Entry is taken at previous LH with SL beneath the daily support. Two trades at 1:1 and 1:2 R:R is taken. What do you think, will it work?