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 stock exploded 3.6% in the last session.
The ROC is currently in the positive zone.
Support: 183.5435 | Resistance: 190.2083

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 0.6% in the last session.
The Ultimate Oscillator points to an overbought market.
Support: 158.9467 | Resistance: 160.1767

After hawkish Fed comment, economic data, US dollar advances

US Dollar Index daily chart (w/ Moving Average Multiple)

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.