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Month: August 2024

Cryptocurrencies

Big names exit Nvidia in Q2 as AI giant stumbles ahead of earnings

Nvidia shares edged lower in early Thursday trading as traders sifted through a host of regulatory filings that updated the holdings of some of the world’s biggest investors in the market-leading AI chipmaker. Nvidia  (NVDA) Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

Walmart stock soars to record high on Q2 earnings, profit forecast

Walmart posted stronger-than-expected second quarter earnings, while raising its full-year profit forecast, as the world’s biggest retailer continues to attract higher-end customers with its value-based offerings and e-commerce expansion. Walmart  (WMT)  said adjusted earnings for Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

Gold (XAU/USD) Bounces Back After US CPI, DXY Faces Challenges

Gold prices rebounded after a post-CPI selloff, aided by a struggling US Dollar Index. A sustained move above $2500/oz for gold may require an additional catalyst, like geopolitical risks. The DXY faces challenges and is Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

NZD/USD Looking for a Bigger Recovery

Looking at the 4-hour time frame of the Kiwi with ticker NZDUSD, we can see a strong rebound after a completed final subwave “v” of C of (C), as Zealand beat jobs data, so seems Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

GBP/USD Analysis: Rate Steady After Key Data Releases

Yesterday, important U.S. inflation data was released, as reported by ForexFactory: → Core CPI (MoM): actual = 0.2%, forecast = 0.2%; previous = 0.1%; → CPI (YoY): actual = 2.9%, forecast = 3.0%; previous = Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

Stock Market Today: Stocks higher with Walmart, retail sales on deck

Check back for updates throughout the trading day U.S. equity futures moved higher in early Thursday trading as Wall Street looks to extend its five-day winning streak amid optimism that Federal Reserve rate cuts and Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

A New Downturn in the Crypto Market

Market Picture The cryptocurrency market retreated 2.9% over the past 24 hours to $2.08 trillion from levels near $2.15 trillion, which had been resistance for the past ten days. Despite moderate optimism in equities following Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.05; (P) 188.74; (R1) 189.62; More… Intraday bias in GBP/JPY stays neutral and outlook remains bearish with 38.2% retracement of 208.09 to 180.00 at 190.73 intact. On the downside, below 186.46 minor Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.02; (P) 161.81; (R1) 163.02; More… Intraday bias in EUR/JPY stays neutral and outlook remains bearish with 38.2% retracement of 175.41 to 154.40 at 162.42 intact. On the downside, below 157.71 minor Read more…

By , 2 years ago August 15, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8554; (P) 0.8573; (R1) 0.8605; More…. Intraday bias in EUR/GBP is turned neutral first with current retreat, and more consolidations could be seen below 0.8624. But outlook stays bullish as long as Read more…

By , 2 years ago August 15, 2024

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