Strategy
EUR/USD & EUR/GBP Analysis: High Volatility with Trends
Overall Analysis EUR/USD is moving upward, forming an ascending channel. The price may face strong resistance around the 1.08703 level. EUR/GBP is in a downtrend on the higher time frame, with the price encountering resistance near the 0.83825 level. EUR/USD Chart Analysis EUR/USD 15-Minute Chart (Source: TradingView) On October 30,…
Read More »Starbucks (SBUX) Q4 Shock: Stock Revenue Drops 3%
Starbucks (SBUX) stock reported poorer-than-expected preliminary fourth-quarter results, thereby showing a revenue decrease of 3% year over year to $9.1 billion and a drop of 24% in the adjusted earnings per share, now standing at $0.80. Investors’ swift response in the form of a more than 5% fall in premarket…
Read More »Gold & Silver Volatility: A Strategic Analysis for Traders
Overall Analysis Gold has reached an all-time high and is holding at that level. The price is forming an ascending triangle, indicating a potential upward move. Silver fell sharply during Wednesday’s trading session, and lower levels may be retested. High volatility and a lack of structure make it challenging for…
Read More »S&P 500 Slide 0.48% as Wall Street Weighs Tech Earnings
S&P 500 and Stock futures dropped on October 31, when investors digested not-so-good results of the tech corporations and, on the other hand, looked forward to reports from Apple and Amazon. S&P 500 futures fell by 0.5%, with the Nasdaq 100 and Dow Jones futures equally falling by 0.6% one…
Read More »AUD/USD and AUD/NZD Analysis: Key Levels to Watch
Overall Analysis The Australian Dollar/US Dollar has currently in a selling trend for a long, following a channel-based moment. The Australian Dollar/New Zealand Dollar is also under selling pressure and is currently on a sensitive level. AUD/USD Chart Analysis AUD/USD 15-Minute Chart (Source: TradingView) On the 29th Oct 2024 price…
Read More »Oil & Gas Trends: Resistance Rejections & Trade Setups
Overall Analysis Oil continues its momentum towards downside with swing creation indicating selling opportunities. Natural Gas trying to break selling trend, but 0.5 feb retracement gives strong reject. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 29th Oct 2024 oil price showed high volatile behavior, price is currently…
Read More »Bitcoin and Ethereum: Analysing the Market’s Next Move
Overall Analysis Bitcoin continues making higher highs and higher lows on the 29th Oct trading session, missing all-time highs just by 400 points. Ethereum continues its rally towards the upside, price took a pause from higher levels and closed sideways. Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView) On the…
Read More »Reddit Stock: Company Reports First-Ever Profit of $29.9M
Reddit stock gains momentum as the company’s first profitable quarter marks a significant milestone, pointing to a turning point for the social platform that has been unprofitable for almost two decades. It saw a cool $29.9 million profit on top of revenue of $348.4 million – a 68% increment from…
Read More »BTC and ETH: Technical Analysis of Recent Price Action
Overall Analysis Bitcoin tries to break the previous day’s high of $68759 but fails and closes negative. Ethereum opened sideways and continued directionless moments in the last hours, showing a rally towards the upside. Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView) On October 25th, Bitcoin (BTC) broke the previous…
Read More »Top Stock Gainers & Losers: PRCT Stock +32%, PHG -16% Drop
Top Gainers Symbol Company Name Price Change Change % PRCT Procept BioRobotics Corporation 91.00 +22.23 +32.33% OKLO Oklo Inc. 24.50 +5.39 +28.21% DJTWW Trump Media & Technology Group Corp. 8.73 +1.55 +21.59% DJT Trump Media & Technology Group Corp. 47.36 +8.41 +21.59% NBIS Nebius Group N.V. 23.75 +4.18 +21.36% Top…
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