Date Archives

Month: May 2023

Bitcoin Price Declines as US Core PCE Inflation Exceeds Expectations

May 26, 2023

Bitcoin price declines as US core PCE inflation rises faster than expected. In response to the US core PCE inflation rate, the price of bitcoin...

S&P 500 Poised for Further Upside Amid Technical Strength

May 26, 2023

S&P 500 WEEKLY SCENARIO. S&P 500 TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, S&P 500 is trading in an up channel. S&P 500 is...

GPB/JPY : Understanding the Dynamics of the British Pound and Japanese Yen Pair

May 26, 2023

GPB/JPY: Analyzing the Dynamics of the British Pound and Japanese Yen Pair The GPB/JPY currency pair, which represents the exchange rate between the British Pound...

U.S. Dollar Strengthens on Rising Rate Hike Expectations

May 26, 2023

U.S. Dollar Gains Ground as Rate Hike Expectations Grow Introduction In early European trading, the U.S. dollar saw a slight decline, but it remained on...

Gold Rebounds from Two-Month Low, Surpasses $1,950

May 26, 2023

Gold continues to rise from a two-month low and crosses $1,950 FUNDAMENTAL OVERVIEW The price of gold picks up some buyers at the 100-day Simple...

Nikkei 225 Weekly Chart Analysis & Forecast.

May 26, 2023

Nikkei 225 Technical Analysis: Weekly Chart In the weekly charts, Nikkei 225 is trading in an upward channel. Nikkei 225 is currently trading above all...

Nasdaq 100 Index: Weekly Outlook

May 26, 2023

Nasdaq 100 Index Technical Analysis: Weekly Chart In the weekly charts, Nasdaq 100 is trading in an up channel. Nasdaq 100 is currently trading above...

Euro Nears 11-Year Lows Against USD Amidst ECB Review

May 26, 2023

Euro Nears 11-Year Lows Against USD Amidst ECB Policy Review. Introduction The euro has been hovering close to 11-year lows against the US dollar as...

NVIDIA Soars: Strong Earnings Boost Market Cap

May 25, 2023

As AI chips increase sales guidance, the market cap of NVDA increases by around $190 billion. Nvidia’s stock price surged 25% in after-hours trading on...

Dow Jones Futures Fall, Tech Stocks Rise

May 25, 2023

Dow Jones Futures Drop, However, Techs Rise Dow Jones futures fell slightly early Thursday. The stock market rally retreated for a second straight session, amid...

Natural Gas Technical Analysis: Weekly Chart | Key Market Insights

May 25, 2023

NATURAL GAS Technical Analysis: Weekly Chart In the weekly charts, Natural gas is trading in a down channel. Natural gas is currently trading below all...

USD/JPY Technical Analysis: Weekly Chart | Updated Insights

May 25, 2023

USD/JPY TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, USD/JPY is trading in up channel. USD/JPY is currently trading below all SMA. RSI is in...

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