Visa to lay off around 1,400 employees and contractors

Card giant Visa is planning to lay off about 1,400 employees and contractors by the end of the year, the Wall Street Journal reported, citing people familiar with the matter. About 1,000 of the cuts are expected to eliminate technology positions.

Visa’s stock saw a minor rise of 0.3% in the last session. The Stochastic indicator is giving a negative signal.
Support: 279.24 | Resistance: 289.89

Gold eases as Treasury yields rise, focus on US data

Gold’s record rally took a breather, as U.S. Treasury yields and dollar gained the upper hand, while investors awaited a series of U.S. economic data due this week for cues on the Federal Reserve’s interest rate outlook.

The Gold-Dollar pair saw a minor rise of 0.2% in the last session. The Stochastic indicator is giving a negative signal.
XAU/USD saw a minor rise of 0.2% in the last session.
Support: 2708.2 | Resistance: 2771.4

Weekly digital asset inflows reach $901M

Bitcoin Daily Chart

Digital asset inflows experienced a notable surge in the week ending October 25th, reaching $901 million, largely fueled by a spike in Bitcoin transactions and propelling year-to-date totals to $27 billion.

The Bitcoin-Dollar pair exploded 1.3% in the last session. The ROC is giving a negative signal.
Support: 66566 | Resistance: 71486

The Aussie dipped a slight 0.2%

The U.S. dollar headed for its biggest monthly gain since April 2022.

The Aussie dipped a slight 0.2% against the Dollar in the last session. The MACD is giving a negative signal.
AUD/USD saw a minor dip of 0.2% in the last session.
The MACD is giving a negative signal.
Support: 0.6537 | Resistance: 0.6633

Nvidia overtakes Apple as world’s most valuable company

Nvidia Daily Chart

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips. Nvidia’s stock market value briefly touched $3.53 trillion, slightly above Apple’s $3.52 trillion.

Nvidia shares rose 0.4% in the last session. Support: 138.82 | Resistance: 146.82

The last session saw USD fall 0.5% against JPY.

USD/JPY Daily Chart

The Dollar fell 0.5% against the Yen in the last trading session. The Williams indicator’s is giving a negative signal.
The last session saw USD fall 0.5% against JPY.
The Williams indicator is currently in negative territory.
Support: 150.07 | Resistance: 153.82