Tag: Market trends

news-27102024-221746

AUD/USD Weekly Analysis and Forecast – Action Forex

The Australian dollar to US dollar (AUD/USD) pair continued its decline last week, dropping from 0.6941. The breach of the 0.6621 resistance level indicates a potential bearish reversal in the near term. The initial...
news-19102024-205913

USDJPY Analysis: Will Momentum Continue Below 200-Hour MA?

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on the hourly chart, which is seen as a small negative....
news-19102024-025515

Weekly Market Recap: Major Indices Close Higher and Up for the Week

The stock market had a positive week with major indices closing higher. The Nasdaq showed the strongest performance, leading the way for the Dow and the S&P. However, the small cap Russell 2000 closed...
news-06102024-093331

EUR/USD Weekly Forecast – Action Forex

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near term. This suggests that the currency pair may experience further...
news-04102024-055309

USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with support at 145.80. This indicates a positive momentum for the...
news-28082024-231558

Sunset Market Commentary: Latest Analysis and Updates – Action Forex

Market Analysis and Updates: A Comprehensive Look at the Latest TrendsAs markets continue to navigate through a landscape of uncertainty, today's focus remains on key corporate and economic events that are shaping investment decisions....
news-17082024-022259

Investors Beware: Threats Lurking Despite Stocks’ Astonishing Run

Stock Markets Soaring Amidst Global RallyThe global stock markets have been on an extraordinary upward trajectory, with record-breaking performances seen across major economies like America, Europe, Japan, and India. In the United States, the...
news-15082024-134802

Nasdaq Technical Analysis: Bullish Trend Continues Amid Risk-On Sentiment

Nasdaq Technical Analysis: Bullish Trend Continues Amid Risk-On SentimentThe Nasdaq has been experiencing a bullish trend in recent days, with positive news on the inflation front and a more dovish stance from the Federal...
news-13082024-195440

Asian Market Resilience: Focus on Local Data, Not Just US CPI

Asian equities are showing signs of resilience as they continue to rebound despite global market turbulence. The focus is now shifting towards key data releases in Japan, Australia, and China, which could potentially impact...
news-13082024-134400

CXApp Surges on Google Deal: Wall Street Breakfast Podcast Episode

Workplace experience platform CXApp, listed as CXAI on NASDAQ, saw a significant surge in its stock price following the announcement of a multi-million dollar deal with Google Cloud, identified as GOOG. The agreement involves...

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