Tag: Market trends
Gold Price Rebounds from 50-Day SMA – Latest Analysis and Forecast
Gold prices have been on a rollercoaster ride recently, hitting an all-time high of 2,483 on July 17 before pulling back. The 50-day SMA has been a key level of support, preventing further declines...
Pharma Giants Pfizer and Merck Earnings Preview: Diverging from Big Tech and Growth Styles
Both Merck and Pfizer are set to release their Q2 '24 financial results on Tuesday morning, July 30 '24, before the market opens. Pfizer, which has seen a decline in its stock price from...
Nasdaq Technical Analysis: Is This a Great Dip-Buying Opportunity?
The Nasdaq has been experiencing a decline recently, particularly after the US CPI report on July 11th. Initially, there was a shift from big cap stocks to small cap stocks, but the bearish momentum...
Market Outlook: Key Highlights for the Upcoming Week
This week will be packed with significant events in the financial world, with key highlights to look out for.The Federal Reserve is set to announce its latest decision on interest rates on Wednesday, with...
Tech Earnings Impact on Market: Analysis and Forecast
This week is shaping up to be a massive one for the stock market, with major tech companies like Microsoft, Apple, Amazon, and Meta all set to report their earnings. These reports could have...
Bitcoin Price Analysis: Ready for a New All-Time High with Autopilot | Forexlive
Bitcoin recently broke above the key resistance level of 67,275, signaling a potential for a new all-time high. This positive movement in the market was influenced by improving risk sentiment and supportive comments from...
AUD/USD Price Surges in Expectation of Important Economic Data – Action Forex
The AUD/USD pair is on the rise, approaching 0.6552 on Monday. This comes after the Australian dollar experienced a 3% decline against the USD in the past two weeks, mainly due to a global...
3M Stock Price Levels to Watch After Earnings Pop
3M stock experienced a significant increase in its value after the company reported better-than-expected quarterly results and raised its full-year profit forecast. This surge marked the largest one-day percentage gain in the history of...