Strategy
AUDUSD and AUDNZD: AUDUSD has a chance to start a recovery
AUDUSD and AUDNZD: AUDUSD has a chance to start a recovery AUDUSD’s two-week bearish consolidation was stopped yesterday at the 0.61538 level. AUDNZD pulled back to the 1.10370 level yesterday, forming a new two-week low there. AUDUSD chart analysis AUDUSD’s two-week bearish consolidation was stopped yesterday at the 0.61538 level.…
Read More »US Inflation News Today: Robust Growth in Second Quarter
US Inflation News Today: Robust Growth in Q2 The U.S. economy expanded more rapidly than anticipated in the second quarter of 2024, driven by robust consumer spending and business investment. However, today’s inflation news shows eased pressure, leading the market to maintain expectations for a Federal Reserve interest rate cut…
Read More »EURAUD and EURNZD: EURAUD takes a step lower this morning
EURAUD and EURNZD: EURAUD takes a step lower this morning During this morning’s Asian trading session, the EURAUD retreated to the 1.65250 level. During this morning’s Asian trading session, EURNZD climbed to a new weekly high of 1.84514. EURAUD chart analysis During this morning’s Asian trading session, the EURAUD retreated…
Read More »S&P 500 and Nasdaq: new July lows for the indexes
S&P 500 and Nasdaq: new July lows for the indexes Yesterday, the S&P 500 index was under great pressure, resulting in a drop to the 5391.5 level. After a month, the Nasdaq index dropped below the 19,000.0 level again yesterday. S&P 500 chart analysis Yesterday, the S&P 500 index was…
Read More »Ford Stock: Is it a Good Sell or Buy?
Ford Motor Company: Balancing Setbacks with Future Potential Ford Motor Company’s stock price recently tumbled with a significant 16.7% drop. However, as supply chain disruptions are being resolved, Ford is seeing an increase in sales, which comes with higher prices, bolstering its financial strength. A famous name in the auto…
Read More »EURUSD and GBPUSD: The pound falls to a new weekly low
EURUSD and GBPUSD: The pound falls to a new weekly low In the second part of this week, EURUSD mostly moved in the 1.08300-1.08600 range. On Thursday, GBPUSD retreated to a new weekly low at 1.28498. EURUSD chart analysis In the second part of this week, EURUSD mostly moved in…
Read More »Gold and Silver: Gold is starting a new recovery from 2370$
Gold and Silver: Gold is starting a new recovery from 2370$ The price of gold fell to the $2353 level yesterday, forming a new weekly low there. On Thursday, the price of silver fell to a new weekly low of $27.39. Gold chart analysis The price of gold fell to…
Read More »Oil and natural gas: oil rose to the weekly open price
Oil and natural gas: oil rose to the weekly open price After a long time, the price of oil managed to stop falling to the $76.04 level yesterday. The price of natural gas continued to retreat yesterday to a new low of $2.06. Oil chart analysis After a long time,…
Read More »On Thursday, the price of Ethereum dropped to a new low
On Thursday, the price of Ethereum dropped to a new low Yesterday’s bearish consolidation dragged the Ethereum price down to the $3087 level Ethereum chart analysis Yesterday’s bearish consolidation dragged the Ethereum price down to the $3087 level. A new weekly low was formed there, from which the recovery was…
Read More »The price of Bitcoin has been on a surge since last night
The price of Bitcoin has been on a surge since last night Bitcoin’s price has been in a strong bullish consolidation since yesterday at $63424. Bitcoin chart analysis Bitcoin’s price has been in a strong bullish consolidation since yesterday at $63424. After some consolidation, we managed to move above the…
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