The US broad-market index, S&P 500, has been pressed below the 50-day moving average for the first time since March! Why?
Daily Market Analysis
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
What happened? Nearly one year later, Beijing started to concern about Alipay, which combines a digital payments platform with other traditional financial products such as loans, wealth management, and insurance…
The South African rand has dropped against the US dollar. What are the reasons?
What is tapering? Tapering is the reduction of the rate at which a central bank buys new assets…
What happened? Intel has changed its strategy and started flooding the market chips at discount pricing, rather than sticking to the manufacturer's suggested retail price…
Besides US Retail Sales data, Australian Unemployment Rate and New Zealand GDP this week will bring us Quadruple Witching – one of the four most important days of a year for futures and options!
Usually, the gold price is driven by political and economic uncertainty, like economic crises, election pressure, pandemic effects. But in the face of year-and-a-half lasting monetary stimulus program the price of the haven asset acts differently.
4H Chart Daily Chart The US Dollar Index failed to sustain its recent gains above its 50 DAY MA, the index declined back yesterday with higher trading volume, while all eyes are on the PPI data today after mixed economic releases over the past few…
Do you want to know what companies can rocket in September? Here you go! Top 3 most promising stocks!
We have outlooked several promising Forex pairs and the result can surprise you!
What happened? Yoshihide Suga left the position of Japan’s prime minister…