TESLA: up to $500 per share or not so fast?
On December 30, Tesla saw its first overseas plant in China produce its first Model-3. Is it a start of the Chinese market conquest Elon Musk is looking for?
"Buy the rumor - sell the fact" action for USD/TRY
During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips. The Turkish central bank cut the interest rate slightly more than expected from 19.75% to 16.5%. USD/TRY bounced from the 100-period SMA at 5.7464 on H4 and started to fall down to the 200-period SMA at 5.6440. The next support will lie at 5.6266. If the pair reverses, it will retest the resistance at 5.7464. The next key levels will lie at 5.7626 and 5.8.
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Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
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Canadian job data: an attractive release for trading
Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.
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