Tag: Market trends
USD/CAD Decline: Exploring Bearish Potential – Action Forex
USD/CAD has experienced a recent decline after facing resistance at the 1.3750 level. The pair broke below a significant bullish trend line with support...
UK General Elections Boost Pound Sterling’s Gains: What’s Next?
The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the...
Qualcomm Stock Analysis: Updates on Huawei and Samsung (NASDAQ:QCOM)
Qualcomm, a semiconductor company, has been making waves in the news recently due to updates on Huawei and Samsung. Despite facing some challenges, Qualcomm...
USD Under Pressure as Weak Data Emerges
The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According...
Natural Gas Losses Bottoming Out Despite Seventh Day in Negative Territory
Natural Gas has been facing a losing streak for the seventh consecutive day, with prices continuing to drop. The reason behind this decline is...
Eurozone Inflation Forecast: Slowing Down – ING
The Euro (EUR) experienced a relief rally after the French election results met expectations. However, the rally lost momentum on Monday as doubts emerged...
Crude Oil Technical Analysis: Key Breakout Boosts Bullish Momentum
Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The...
USD/JPY Forecast: Key Level to Monitor is 163.00 Above 162.00
The US Dollar (USD) continues to show strength, with a potential test of the resistance at 162.00 on the horizon. If the USD manages...
Dow Jones Flat After US Data Miss: Monday Market Update
The Dow Jones Industrial Average (DJIA) experienced significant fluctuations on Monday as a result of key US data missing expectations. The US ISM Manufacturing...
Top Eco Data Analysis for 7/1/24 – Actionable Insights | Forex News
The eco data analysis for July 1st, 2024, provides insights into various economic indicators across different countries. Let's take a closer look at some...
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Top Pre-market Stock Movers: SolarEdge, Novo Nordisk, Rigetti, Maplebear
**SolarEdge, Novo Nordisk, Rigetti, Maplebear: Today's Top Pre-market Stock Movers**In the fast-paced world of the stock market, certain companies stand out above the rest,...
