July 23, 2024
Gold slips to over 1-week low as dollar firms, awaiting more Fed cues
Gold prices fell to a more than one-week low as the dollar firmed, while traders awaited more U.S. economic data and comments from Federal Reserve officials this week for clarity on the timeline for interest rate cuts. The last session saw the Gold drop 0.6% against the Dollar. The ROC is giving a negative signal.XAU/USD […]
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July 18, 2024
Chip stocks shed $500 bln on China trade fears, Trump’s Taiwan comments
Wall Street’s semiconductor index lost over $500 billion in stock market value on Wednesday and headed for its worst session since 2022 after a report said Washington was mulling tighter curbs on exports of advanced semiconductor technology to China.
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July 18, 2024
Sterling hits one-year high
Sterling strengthened and hit a one-year high against the dollar. The Pound-Dollar pair saw a minor rise of 0.2% in the last session. The ROC is giving a positive signal.GBP/USD saw a minor rise of 0.2% in the last session.The ROC is currently in positive territory.Support: 1.2917 | Resistance: 1.3006
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July 18, 2024
Oil prices gain 2.4% on big US storage withdrawal, weaker US dollar
Oil prices climbed about 2.4% on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of lower economic growth in China. The Oil-Dollar pair skyrocketed 2.4% in the last session. The Ultimate Oscillator is giving a positive signal.WTI/USD exploded 2.4% in the last session.The Ultimate Oscillator is giving […]
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July 16, 2024
BTC/USD skyrocketed 4.6%
The Bitcoin-Dollar pair exploded 4.6% in the last session. The Stochastic indicator is giving a positive signal.BTC/USD skyrocketed 4.6% in the last session.The Stochastic indicator is currently in positive territory.Support: 584861 | Resistance: 627381
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July 16, 2024
Apple shares rose to record highs
Apple’s shares rose 2.5% to a record high after Morgan Stanley raised its price target on the iPhone maker’s shares and designated the stock as a “top pick,” citing the company’s AI efforts as a boost to device sales.
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