November 4, 2024
Wall Street closed higher after Amazon earnings
Wall Street’s major indexes ended higher, rebounding from the previous day’s sell-off as Amazon’s strong earnings countered a significant drop in U.S. job growth in October. Amazon.com rose 6.2% after it reported earnings that revealed strong retail sales, boosting profit above Wall Street estimates.
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November 4, 2024
October crypto losses reach $129M from hacks and exit scams
Security incidents like exit scams, flash loan attacks and exploits pushed crypto losses to $129.6 million in October. Exploits accounted for the most losses, with $127 million lost. The biggest incident in October involves the Radiant Capital, a lending protocol that lost over $50 million last month.
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November 4, 2024
XAG/USD dropped 0.5% in the last session.
The Silver fell 0.5% against the Dollar in the last trading session. The ROC is giving a positive signal.XAG/USD dropped 0.5% in the last session.The ROC is giving a positive signal.Support: 31.301 | Resistance: 33.75
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November 1, 2024
Gold consolidates after record peak
Gold retreated as prices consolidated after hitting a record high, while safe-haven demand ahead of the U.S. presidential election helped the precious metal log its fourth straight monthly gain. After a 1.9% dip during the last session, the Gold-Dollar pair closed with a 1.3% drop. According to the Stochastic-RSI, we are in an oversold market.Support: […]
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November 1, 2024
Dollar falls against yen, US data leaves rate cut hopes intact
The dollar fell against the yen, after the Bank of Japan’s less dovish remarks and U.S. data suggested upward price pressures continue to ease, keeping the Federal Reserve on track to cut interest rates by 25 basis points next week. The Dollar-Yen pair dropped 0.7% in the last session. The Ultimate Oscillator is giving a […]
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November 1, 2024
Oil gains more than $2
Oil prices extended gains after settlement, rising by more than $2 per barrel on a report that Iran is preparing to attack Israel from Iraqi territory in the coming days. The Oil-Dollar pair skyrocketed 2.3% in the last session. The Stochastic indicator is giving a positive signal.Support: 66.55 | Resistance: 73.27
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