S&P 500 Index Wave Analysis: Expert Insights and Predictions
The S&P 500 index has recently seen a reversal from a support zone, indicating a potential upward trend. This support zone is located between...
Trading Analysis: NASDAQ Index Ping-Pongs Near Highs Between Hourly Moving Averages
The NASDAQ index is currently hovering near its session highs as traders aim to retest its 50-hour moving average, which is at 18418.93. The...
Warning: BoE’s Mann Predicts Prolonged Services Inflation – Action Forex
At a recent event, Catherine Mann, a member of the Bank of England's Monetary Policy Committee, discussed the challenges surrounding services inflation. According to...
US Weekly Initial Jobless Claims Beat Expectations, Decreasing to 227K
The latest data on initial jobless claims in the US shows that the numbers have beaten expectations, decreasing to 227K. This is a positive...
Eurozone PMI Impact on Eurozone Currency Trends – Action Forex
On Thursday, S&P Global released preliminary estimates for the October PMI across major regions. In Europe, this data holds significant importance as it tends...
Eurostoxx Futures Gain 0.1% in Early European Trading
Foreign exchange trading comes with a high level of risk that may not be suitable for everyone. It's important to be aware of the...
Tesla’s Victory Boosts Nasdaq Futures – Latest Updates and Analysis
The past few days have been tough for investors due to US political uncertainties, geopolitical tensions in the Middle East, and expectations that the...
Japan Flash PMIs for October: Manufacturing at 49.0, Services at 49.3 | Forexlive
The Japan Flash PMIs for October have been released, with the manufacturing sector at 49.0 and the services sector at 49.3. These numbers indicate...
Eco Data Update: October 24, 2024 – Action Forex
The Eco Data Update for October 24, 2024, provides a snapshot of various economic indicators across different countries. Let's take a closer look at...
Nasdaq Eyes 200-Hour MA Support: Analysis and Outlook
The US stock market is experiencing a significant decline, with major indices showing downward trends. The Dow industrial average has dropped by 580.31 points,...
