The Netflix stock (NFLX), with a market cap of $145.17B and a whooping 10 000+% rise since its inception 16 years ago, experienced some turbulence for a short period last year while trading around the $250 share price. However, the NFLX stock quickly recovered and rose to over $300 towards the end of the previous quarter of 2022.
US Dollar moving inside a corrective phase
2019-11-11 • Updated
US Dollar has been trading in a corrective phase across the board and it seems we can expect further consolidation below the 50 SMA at H1 chart. Now, the focus is placed at the 200 SMA, where the Fibonacci level of 50% at 93.09 lies. A breakout below there should open the doors for a free fall towards the lows from May 14th at 92.11. However, a rebound should take it to test the Fibonacci area of -23.6% at 94.41.
RSI indicator stays in the neutral territory, favoring to the sideways consolidation.
The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
US100 broke through the strong resistance trendline, following July's inflation numbers on Wednesday, which were less than analysts expected…
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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.