May 23, 2024

Wall Street indexes struggled for direction


Wall Street’s main indexes struggled for direction on Wednesday as investors kept to the sidelines ahead of AI chip leader Nvidia’s quarterly results and minutes of the Federal Reserve’s policy meeting.
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May 23, 2024

Gold prices slipped


Gold prices fell over 1% as the gold rally cooled with investors booking profits, while focus shifted to minutes from the Federal Reserve’s recent policy meeting for more clarity on the central bank’s rate trajectory. The Gold-Dollar pair dove 1.7% in the last session. The Stochastic-RSI is giving a negative signal.Support: 2393.0933 | Resistance: 2448.2333
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May 23, 2024

Sterling builds on gains


Sterling edged higher while UK stock futures fell after Prime Minister Rishi Sunak called a parliamentary election for July 4, which analysts said removed a degree of political uncertainty from the picture for traders. The ROC for the GBP/USD currency pair is giving a positive signal.Support: 1.2668 | Resistance: 1.2748
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May 23, 2024

Ether security debate continues


The debate around whether Ether is a security has taken center stage in the crypto ecosystem as the United States Securities and Exchange Commission’s deadline for deciding on whether to approve a spot Ether exchange-traded fund is just hours away.
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May 22, 2024

Nike’s stock rose 1.2%


The last session saw Nike shares gain 1.2%. The Stochastic indicator is giving a negative signal.Nike’s stock rose 1.2% in the last session.The Stochastic indicator is giving a negative signal.Support: 89.8967 | Resistance: 93.6367
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May 22, 2024

Shares of Tesla exploded 6.3%


Tesla’s stock skyrocketed 6.3% in the last session. According to the Williams indicator, we are in an overbought market.Shares of Tesla exploded 6.3% in the last session.The Williams indicator points to an overbought market.Support: 171.3319 | Resistance: 179.5231
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