Tag: Analysis

Bharat Electronics Ltd., a Navratna defence PSU, saw a significant increase in its net profit for the first quarter of the financial year. The company reported a 46% year-on-year growth in net profit, reaching...

UBS has reiterated its sell rating on Tesla, citing concerns about the impact of AI optionality. The firm believes that Tesla's current valuation does not fully account for the potential risks associated with the...

The GBP/USD pair saw a decline from 1.3433 last week, dropping to 1.2842 before bouncing back. The outlook for this week is uncertain, with a neutral bias for potential consolidations initially. However, a further...

The USD/JPY pair saw a slight increase to 153.87 last week, but it wasn't able to hold above the 61.8% retracement level of 161.94 to 139.57 at 153.39, leading to a retreat. This week,...

The EUR/USD pair saw a rise from a short-term low of 1.0760 last week, reaching 1.0904 before retreating. This week, the initial bias has turned neutral. There may be more consolidation above 1.0760, and...

WTI crude oil prices have shown a positive recovery after a bearish gap, reaching a critical level near the downtrend line at around 71.00. This increase of over 6% in the past few days...

The US PCE Report provides valuable insights for traders looking to understand market reactions based on forecast distributions. The ranges of estimates play a crucial role in determining market responses, as any deviation from...

The Eco Data Analysis for October 29, 2024, provided insights into various economic indicators across different countries. Here is a breakdown of the data:- Japan's Unemployment Rate for September remained steady at 2.50%. - Germany's...

According to Carson Investment Research, October 28 has historically been the best day of the year for the S&P 500. While daily averages may be influenced by unique events, Goldman Sachs also points out...

The USD/JPY pair is showing an upward bias during the day with minor support at 151.44 remaining intact. If the pair continues to trade above the 61.8% retracement level of 153.39, we could see...