Tag: Market trend

The USD/JPY pair managed to recover from its daily low of 151.94 and ended Thursday's session unchanged at 153.93. This recovery was supported by the release of better-than-expected US GDP figures for the second...

AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is now back within a range that it has been trading...

EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests a possible bearish reversal. Moreover, the 14-day Relative Strength Index...

The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted by higher-than-expected US Purchasing Managers Index (PMI) data, which boosted...

The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above 0.8825, with a bearish outlook in the near term as...

The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European session on Wednesday. This consolidation is happening amidst uncertainty surrounding...

Semler Scientific, a lesser-known medical technology company, experienced a significant surge in its shares on Tuesday. This surge came after the company revealed its decision to adopt bitcoin as its primary treasury reserve asset,...

Last week, we received some positive news as both the CPI and PPI numbers came in lower than expected. This news is likely to support the stock market overall, as it may give the...

Robinhood's recent partnership with Bitstamp has been viewed as a positive development for the cryptocurrency industry, according to a report by CNBC Crypto World. The advisory firm believes that this collaboration signifies a growing...