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...
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...
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,...
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...
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...
Citi Downgrades European Equities, Upgrades US Equities: Reasons and Analysis
A recent note from Citi has caused some waves in the financial world. The note, released on Monday, revealed that Citi has downgraded its...
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...
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...
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...
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)....