The previous year 2022, was undoubtedly tumultuous for the stock markets, with several stocks plummeting across multiple industries. Analysts have blamed the hard times on inflation, hawkish federal reserve policies, an impending global recession, and the ongoing crisis in Ukraine. This year, however, we're beginning to see some recovery in the stock markets. This article will find a few stocks worth buying this year.
GBP/USD: bullish "Flag"
2019-11-11 • Updated
Bulls faced a resistance at 1.2411, so the price reached a support at 1.2382. Therefore, the market is likely going to achieve the next resistance near the current downtrend. If a pullback from this level be on the table, we should keep an eye on the 89 Moving Average as a possible bearish target.
There’s a flat, which is taking place along a support at 1.2382. Also, there’s a “Flag”, so the pair is likely going to break the last high. At the same time, there’s an opportunity to have a decline towards a support at 1.2382 - 1.2347 afterwards.
In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
In a call scheduled for January 25, 00:30 am GMT+2, the Tesla Inc. team will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
The European Central Bank (ECB) raised its interest rates by 0.5% to 3%, as planned, to combat inflation, despite some investors'...
Oil prices fell to a three-month low following the release of US inflation data which was in line with expectations. The annual inflation rate of 6%...
Since the fateful events of March 10th, 2023, I mean the SVB and Signature Bank crash, there has been a lot of attention on the US economy and the Dollar from the international community.