June 27, 2024
Amazon hit $2 trillion in market value
Amazon.com hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company to surpass that level as optimism around artificial intelligence and potential interest rate cuts this year drove demand for technology-related stocks. Shares of Amazon skyrocketed 3.6% in the last session. The ROC is giving a positive signal.Amazon’s […]
Read More
June 27, 2024
Dollar hits 38-year high vs yen
The dollar hit a fresh 38-year high against the yen, with investor speculation high that authorities in Japan could intervene to strengthen the Japanese currency, while global stock indexes were mixed. The Dollar rose 0.6% against the Yen in the last trading session. According to the Ultimate Oscillator, we are in an overbought market.USD/JPY gained […]
Read More
June 26, 2024
Meta’s stock rose 2.7%
Meta shares rose 2.7% in the last session. The Stochastic-RSI is giving a positive signal.Meta’s stock rose 2.7% in the last session.The Stochastic-RSI is giving a positive signal.Support: 486.926 | Resistance: 513.718
Read More
June 26, 2024
After hawkish Fed comment, economic data, US dollar advances
The U.S. dollar rose, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the world’s largest economy, both suggesting that the central bank will not be in a rush to kickstart its rate-cutting cycle.
Read More
June 26, 2024
Gold prices slipped as US dollar, yields gain
Gold prices slipped, hurt by an uptick in the dollar and Treasury yields as investors awaited U.S. inflation data due later this week that could provide cues on the timing of interest rate cuts by the Federal Reserve this year. The Gold-Dollar pair fell 0.4% in the last session. The MACD is giving a positive […]
Read More
June 25, 2024
BTC/USD plummeted 5.8%
The Bitcoin-Dollar pair plummeted 5.8% in the last session. The Stochastic-RSI indicates an oversold market.BTC/USD plummeted 5.8% in the last session.The Stochastic-RSI is signalling an oversold market.Support: 624061 | Resistance: 650601
Read More
