BoA released the report with the bullish forecast for the S&P 500 and shared its technical analysis. Let's discuss it in detail.
Daily Market Analysis
EUR/USD has violated the first resistance trendline area 1.1680
European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington
EUR/USD has violated the pivot point and stands next to the resistance area 1.1680
EV batteries need lithium. Tesla needs lithium. Now, it's going to have that as much as required.
So the pound went all-in bullish yesterday on Brexit hopes. While these hopes still have to manifest, the GBP will have to defend its positions now.
AUD/JPY is now testing the key resistance at 74.600. Jump in for the fresh analysis!
GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to 1.2940.
Boosted by positive vibes from the Brexit talks, the GBP goes all-out against the USD and the EUR. We'll see for how long.
Amazon has made two important announces: its famous annual sale Prime Day and the new cloud streaming service Luna.
Asian stocks began the week mostly higher as the region picked up the baton from last Friday’s tech-driven momentum on Wall Street.
Will the Q3 report push the PepsiCo stock above the MAs?