Tag: Market trends
Magic Software Stock Analysis: Short-Term Gain, Long-Term Lag (NASDAQ: MGIC)
Magic Software (NASDAQ:MGIC) is a global enterprise software company founded in Israel in 1983. The company offers low-code application development, enterprise integration solutions, large-scale...
EUR Rate Cut Dissent: ING Analysis and Implications
The recent minutes from the June European Central Bank (ECB) meeting have revealed a disagreement among members regarding the decision to cut rates, according...
NZD/USD Forecast: Key Resistance at 0.6150 – UOB Group
The New Zealand Dollar (NZD) has the potential to retest the 0.6130 level, according to analysts at UOB Group. However, the major resistance at...
Analyzing USD/JPY Pullback: Insights from Action Forex
The USD/JPY pair recently reached a new multi-year high at 161.95 before experiencing a correction. It dropped below a key bullish trend line with...
Top 10 Holdings and Annual Returns of S&P 500: Spotting Red Flags
In JPMorgan’s (JPM), “Guide to the Market” presentation last Monday, July 1 ’24, Dr. David Kelly, JPMorgan’s Chief Global Strategist, started off the call...
Samsung Exceeds Profit Expectations as AI Boosts Chip Prices
Samsung Electronics announced an impressive increase in its second-quarter operating profit, with estimates showing a more than 15-fold rise compared to the same period...
Forex Market Analysis: AUD/USD and NZD/USD Poised for Growth – Action Forex
The Australian Dollar (AUD) and the New Zealand Dollar (NZD) are both showing signs of potential growth against the US Dollar (USD) in the...
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...