This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…
Stocks jumped on better-than-expected earnings reports
The start of the US trading session has been positive for traders of Tesla and Microsoft. The financial data of companies bit estimates.
The adjusted earnings per share of Tesla came out at $1.86 vs. $-0.15 expected. The stock of a company gapped up towards the $304.93 level but then fell immediately towards $290.1. The next support lies at $281.6. The retest of the 304.93 level will increase the chance of a breakout of this level and reaching the next resistance at $312.8.
The EPS of Microsoft reached $1.38 (versus $1.25 expected). Plus, the report showed a larger-than-expected revenue ($33.06 vs. $32.23). The price of stocks tested the $140.11 level. The next resistance will lie at $141.62. From the downside, the support levels lie at $136.55 and $134.5.
Virgin Galactic’s Branson flew to space, but the stock of Virgin Galactic (SPCE) dropped. Why?
Virgin Galactic (SPCE) will launch Richard Branson to space on July 11, aiming to beat Jeff Bezos.
The Fed held a much-awaited meeting yesterday. The bank hasn’t made any policy changes. As a result, the USD weakened and EUR/USD rocketed. Jump in to know all the latest news!
What will happen? The US Q2 Gross Domestic Product will be announced at 15:30 MT time (GMT+3) on Thursday, July 29…
Today the Fed will make a policy statement at 21:00 GMT+3. This event will affect all the currency pairs with the USD and thus almost the all Forex market!