Nvidia had solid results across the board, with a robust near-term sales outlook, but sliding demand for its cryptocurrency mining chips would weigh on shares Thursday. Nvidia (NVDA) – Get NVIDIA Corporation Report shares moved lower Read more…
AUDUSD is struggling to stretch north of the Ichimoku cloud and the 100-day simple moving average (SMA) after the price bounce within the 0.6963-0.7020 base. The SMAs are endorsing a bearish bias in the pair Read more…
Reports of skirmishes on Ukrainian border revive the geopolitical trade Stocks cannot sustain boost from Fed minutes, oil and gold recover Dollar and yen come back to life, risk sentiment in the driver’s seat Ukraine Read more…
Gold rallies amid soaring inflation Gold has broken out to reach its best level since June. The metal has found support from several major sources. These include: (1) heightened geopolitical risks and stock market volatility; Read more…
Australia’s employment report for January was better than expected, but the Australian dollar didn’t respond to the positive news. The economy added 12.9 thousand jobs, beating the consensus of a flat zero reading. Unemployment was Read more…
Stock futures move lower as Russia-Ukraine crisis simmers; Walmart earnings on deck with price rises, wage costs in focus; Nvidia shares slip lower as crypto concern clouds gaming sales strength; Applied Materials shares leap on Read more…
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of AUDUSD. In which, the decline from 13 January 2022 high unfolded as an impulse sequence and showed Read more…
WTI oil futures (March delivery) drifted higher during the early European trading hours on Thursday in an attempt to pare the two-day losing streak which stalled around the 90 level. The market is still in Read more…
The US 500 stock index (cash) has been in a recovery mode since its short-term decline halted at the seven-month low of 4,220. Although the index’s upside move experienced a minor pullback, the near-term picture Read more…
Oil prices faltered after a surprise rise in US inventories. WTI hits resistance at September 2014’s high (95.50). The RSI’s repeated overbought situation on the daily chart may restrain the bullish fever. A bearish RSI Read more…