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Archive for 2024

  • Home
  • US Equities Close Lower on Thursday Amid Powell’s Remarks

US Equities Close Lower on Thursday Amid Powell’s Remarks

  • Ayhan
  • 15 November 2024
  • 0 Comments

U.S. equity markets closed in the red on Thursday as investors reacted to comments from Federal Reserve Chair Jerome Powell.

News

Technical Analysis 15.11.2024

  • Analysis Team
  • 15 November 2024
  • 0 Comments

XAUUSDThe XAU/USD (Gold) chart reflects a bearish trend in recent weeks, with the price experiencing a sharp decline from around 2,750 to the current level near 2,555.65. This downward movement has been characterized by consecutive lower highs and lower lows, indicating persistent selling pressure. The Ichimoku cloud above the price action, predominantly shaded red, suggests […]

Technical Analysis

Technical Analysis 14.11.2024

  • Analysis Team
  • 14 November 2024
  • 0 Comments

EURGBP The EUR/GBP chart reflects a market in consolidation with some recent bullish attempts to break out of the lower levels. Currently, the price is trading around 0.83181, a level close to recent resistance near 0.8320. Overhead resistance is notably present around 0.84004, which could pose a barrier for further upward movement. The Ichimoku cloud […]

Technical Analysis

Markets Focus on Inflation Data, ECB Policy & U.S. Fiscal Outlook

  • Analysis Team
  • 13 November 2024
  • 0 Comments

Early in the day, FOMC Member Harker’s speech and Australia’s Q3 wage price index were released. The wage price index came in at 0.8%, slightly below the expected 0.9% but unchanged from the previous quarter, signaling stable wage growth in Australia.  In Europe, the European Central Bank’s (ECB) policy meeting and a speech by Bank […]

Market Analysis

Technical Analysis 13.11.2024

  • Analysis Team
  • 13 November 2024
  • 0 Comments

AUDCAD The AUD/CAD chart is displaying a bearish trend, with the price breaking below key support levels, indicating a sustained downward movement. The pair is currently trading around the 0.91139 mark, following a recent rejection at the 0.91837 resistance level, as highlighted by the Ichimoku cloud, which remains red and hovers above the price, reinforcing […]

Technical Analysis

Markets Watch Key Data: Inflation, Labor Trends & Central Bank Speeches

  • Analysis Team
  • 12 November 2024
  • 0 Comments

Today, November 12, 2024, is packed with significant economic data releases and speeches from various regions.  In New Zealand, electronic card retail sales increased by 0.6% month-over-month, signaling a slight improvement in the retail sector.  In Australia, the NAB Business Confidence Index rose from -2 to 5 in October, indicating a more optimistic outlook among […]

Market Analysis

Technical Analysis 12.11.2024

  • Analysis Team
  • 12 November 2024
  • 0 Comments

USDCAD The USD/CAD chart displays a robust uptrend, with the price currently trading around 1.3942, approaching a recent resistance level near 1.3950. This strength in USD against CAD aligns with a series of higher highs and higher lows, indicating consistent bullish momentum. The Ichimoku cloud, which is largely green, supports this upward trend by acting […]

Technical Analysis

Algorithmic Trading in Forex: The Power of Robots and Automation

  • Analysis Team
  • 11 November 2024
  • 0 Comments

As technology continues to advance, algorithmic trading, or robot trading, has become increasingly popular in the Forex market. Automated systems can enhance the efficiency and speed of trading, making them a powerful tool for both novice and experienced traders. This guide provides an in-depth look at algorithmic trading, covering how it works, its benefits, potential […]

Blog

A Trump presidency is unlikely to pose a significant problem for Nvidia’s stock.

  • Ayhan
  • 11 November 2024
  • 0 Comments

The potential impact of a Trump presidency on Nvidia’s stock remains uncertain. While Nvidia has become synonymous with the broader market’s trajectory, even before its inclusion in the Dow Jones Industrial Average, there is limited information available regarding former President Trump’s stance on the company or its CEO, Jensen Huang. An analysis of Trump’s posts […]

News

Market Analysis 11.11.2024

  • Analysis Team
  • 11 November 2024
  • 0 Comments

The economic calendar is filled with various data releases and statements from Japan, New Zealand, Turkey, and Europe.  Early in the day, Japan’s September current account figures were released. Seasonally adjusted data came in at 1.2717 trillion yen, far exceeding expectations of 2.80 trillion yen, but reflecting a decline from the previous month’s 3.1459 trillion […]

Market Analysis
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