Tag: Market trends

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...
news-13082024-134327

Home Depot Forecasts Decline in Sales Amid Consumer Caution

Home Depot recently announced that while it exceeded expectations for the quarter, it anticipates a decline in sales for the rest of the year due to high interest rates and consumer uncertainty. The company...
news-13082024-134257

S&P 500 Technical Analysis: Growth Scare Fading | Forexlive

The S&P 500 saw a strong bounce last week after positive US Jobless Claims figures calmed fears about the labor market following a weak US NFP report. This has led to a decrease in...
news-13082024-013754

This Week’s Consumer Price Inflation Report: What to Expect and Analyze

Economists are expecting the upcoming July Consumer Price Index (CPI) report to show that annual inflation has stayed steady at 3.0%, while core inflation, which excludes food and energy costs, is predicted to slightly...