Technical Analysis
-
The DAX40 Continues It’s Accent
German DAX remain in the ATH zone BMW shares rose 1.4% after Jefferies joined UBS in favoring the automaker over…
Read More » -
Chart of The Day – Bitcoin
Yesterday, Bitcoin broke the $100,000 mark. However, in the evening hours, an over-leveraged market led to cascading liquidations of positions,…
Read More » -
GBP steadies against US Dollar ahead of US Nonfarm Payrolls
The Pound Sterling holds onto recent gains near 1.2770 against the USD ahead of the US labor market data for…
Read More » -
XAU price stalls intraday recovery as traders await US NFP report for Fed rate cut cues
Gold price stages a goodish recovery from over a one-week low touched earlier this Friday. A softer risk tone, geopolitical…
Read More » -
JPY bulls have the upper hand amid BoJ rate hike bets; US NFP report awaited
The Japanese Yen is seen oscillating in a narrow trading band against the US Dollar on Friday. A softer risk…
Read More » -
Gold price retreats as US yields rise, ahead of Nonfarm Payrolls
Gold price drops amid rising US Treasury yields diminish its appeal amidst uncertain Fed actions. Mixed US jobless claims data…
Read More » -
EUR/USD Pair extends gains, rises above 1.0560
EUR/USD gains 0.30% on Thursday, climbing to 1.0560. Pair breaks above the 20-day SMA, improving the short-term outlook. Indicators show…
Read More » -
Stock of The Week – Eli Lilly
Eli Lilly, the global biopharmaceutical leader, continues to strengthen its position in the rapidly growing GLP-1 market while navigating manufacturing…
Read More » -
Oil Weaker as OPEC+ Plans to Delay Oil Output Hike Until April 2025
According to Reuters sources, the OPEC+ cartel is set to gradually phase out production cuts starting after the first quarter…
Read More » -
The DAX Has Upward Momentum While Auribis Surges 14%
DAX (DE40) futures extend yesterday’s upward session and ‘land’ at new highs. Sentiment in the European stock market is very…
Read More »
