Tag: Trading
USD/CAD Price Analysis: Consolidation near 1.3700 Level
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...
Crude Oil Gains Despite API Stocks Buildup
West Texas Intermediate (WTI) US Crude Oil prices have surged above $80.00 per barrel, despite a recent increase in American Petroleum Institute (API) Weekly Crude Oil Stocks. Energy traders seem optimistic about a potential...
Brent Oil Price Surge Driven by Stock Market Demand – Analysis & Forecast
The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently, a barrel of the North Sea variety is trading at...
Natural Gas Prices Decline as Geopolitical Tensions Ease
Natural Gas prices have been trying to recover after a four-day losing streak. Traders are examining various data points, including the fact that European Gas storages are currently 73.41% full. This news comes as...
Apple Stock Price Approaching All-Time High
Apple's stock price is skyrocketing, reaching $133.82 in early trading on Monday, inching closer to its all-time high of $134.54 from April 2015. The stock closed at $133.29, surpassing its previous record of $133...
Euro Stable as Market Anxiety Eases – Action Forex
The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming snap parliamentary election in France led to a sell-off in...
Stock Market Update: Nasdaq Leads Gains in Latest Trading Session
The stock market in the US is seeing an overall increase today, with the NASDAQ index leading the way towards gains. If the NASDAQ closes positively today, it will mark the sixth consecutive record...
NZDUSD Technical Analysis: Price Approaching Key Support Level
The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end of the year. However, the market reversed its moves after...
Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut
The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD). This decline is a result of the expectation that US...
USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders
The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the upward movement, with the initial bias leaning towards the upside...
GameStop Stock Plummets 12% After 40% Decline
GameStop shares took a hit on Monday, dropping about 12% following a significant decline of nearly 40% on Friday. This downward spiral was triggered by a disappointing earnings report and an unimpressive livestream from...
China Regulator Tightens Restrictions on Short-Selling Practices
China's financial regulator has recently announced tighter restrictions on short-selling practices in the country. This move is aimed at reducing the potential risks associated with foreign exchange trading, particularly for investors who may not...
Gold price surges as US inflation falters against Fed’s hawkish stance
Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase was driven by the latest inflation data from the United...
Roaring Kitty Increases GameStop Stake to 9 Million Shares
Keith Gill, also known as Roaring Kitty, has recently shown through a screenshot of his E-Trade portfolio on Reddit that he now holds over 9 million GameStop shares, along with $6 million in cash....
Gold Price Drops Following Release of U.S. Producer Prices Data
Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would only be cutting interest rates once this year, which is...
Robinhood’s deal with Bitstamp good sign for crypto industry, advisory firm says: CNBC Crypto...
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...
UK crypto exchange stops trading after $22m is lost in ‘security incident’
UK Crypto Exchange Faces Security Breach Leading to $22 Million Loss• Lykke, a UK-based crypto exchange, halts trading due to unauthorized access.
• Web researcher SomaXBT suggests the exchange was hacked.
• Depositors are unable to...
Stock Market Today: Dow Edges Down; Nvidia, Apple, GameStop, Southwest Airlines, Tesla, AMD, and...
Stock Market Update: Latest News on Dow, Nvidia, Apple, GameStop, Southwest Airlines, Tesla, AMD, and MoreStocks are showing uncertainty on Monday following a positive jobs report last week that reduced expectations of a Federal...
Intercontinental Exchange, Inc. (NYSE:ICE) Shares Purchased by Campbell & CO Investment Adviser LLC
Intercontinental Exchange, Inc. (NYSE:ICE) Shares Surge as Campbell & CO Investment Adviser LLC Increases StakeCampbell & CO Investment Adviser LLC has recently boosted its stake in Intercontinental Exchange, Inc. (NYSE:ICE) by 9.8%, as per...
Does Coca-Cola (NYSE:KO) Deserve A Spot On Your Watchlist?
Does Coca-Cola (NYSE:KO) Deserve A Spot On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue,...
Frontline (NYSE:FRO) Shares Gap Up to $27.96
Frontline (NYSE:FRO) Shares Gap Up to $27.96Frontline plc (NYSE:FRO – Get Free Report) shares gapped up prior to trading on Friday, reaching $27.96. The stock had closed at $27.96 previously but opened at $28.81....
MATV | When (#MATV) Moves Investors should Listen (MATV)
MATV | When (#MATV) Moves Investors should Listen (MATV)On June 1, 2024, a new trading opportunity emerged for investors in Mativ Holdings Inc. (MATV). The technical summary data indicates that buying MATV near 16.44...

























