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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October 31, 2024
Wall Street struggles for direction ahead of mega cap earnings
U.S. stock indexes were mixed, with the Dow gaining and the tech-heavy Nasdaq falling, as investors assessed a host of corporate earnings. Shares of Alphabet rose 4.1% after the company beat expectations for Q3 revenue and profit.
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October 31, 2024
BlackRock Bitcoin ETF breaks $30B
BlackRock’s spot Bitcoin exchange-traded fund has surpassed $30 billion in holdings, reflecting increasing demand for the world’s leading cryptocurrency. The world’s largest asset manager reached the mark less than 10 months after launching its Bitcoin ETF, which began trading on January 10th. The Bitcoin-Dollar pair fell 1.1% in the last session after a 1.6% intra-session […]
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