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Month: August 2024

Cryptocurrencies

Gold Outlook: Near Term Tone Firmed Ahead of Key Event – Powell’s Speech in Jackson Hole

Gold regained traction and bounced on Friday, reversing so far around a half on Thursday’s 1.1% drop, which broke and closed below psychological $2500 level. Top of the former range at $2480 zone performed as Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

Stock Market Today: Stocks higher with Jackson Hole speech on deck

Check back for updates throughout the trading day U.S. equity futures moved firmly higher in early Friday trading, while Treasury yields and the dollar were largely unchanged, as investors braced for a key speech from Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

Snappy’s 5-Hour Invitational

5-Hour ENERGY hosted the most outrageous golf tournament of the year! Creators from across the country flocked to Snappy’s 5-Hour Invitational. Outrageous moments are born when you take your shot. Whether you shoot in the Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

AUD/USD Sees Rebound: Weak US Dollar and RBA’s Steady Stance Support Strength

AUD/USD is finding its footing, currently stabilising at around 0.6725, as the US dollar weakens further in anticipation of Fed Chair Jerome Powell’s speech at the Jackson Hole symposium. Investors are watching closely for cues Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

Analysts revise Target stock price estimates after earnings

Get ready, Halloween fanatics; Lewis is coming back. For those not in the know, Lewis is Target’s  (TGT)  incredibly creepy creation that the big box retailer unleashed last year to great acclaim.  Related: Analysts revise Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

US 100 Index Sits at Key Level

US 100 index exhibits bearish tendencies but stabilizes near 50-SMA Technical risk is two-sided as Powell prepares for his Jackson hole speech( 14:00 GMT) Bulls hope for a close above 19,880; bears need a drop Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

Analysis of GBP/USD: The Pair Approaches 2023 High

Yesterday, the Purchasing Managers’ Index (PMI) data for both the UK and the US were released. According to ForexFactory, the UK figures were as follows: → Flash Manufacturing PMI: actual = 52.5, forecast = 52.1; Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

Market Analysis: GBP/USD Surges, USD/CAD Drops To Support

GBP/USD started a fresh increase above the 1.2920 zone. USD/CAD declined and now consolidates below the 1.3640 level. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound is eyeing more gains above the Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

USDCAD Still Fights With 1.3600

USDCAD repeatedly tests the 200-day SMA Momentum oscillators are mixed USDCAD has been battling with the 1.3600 round number and the 200-day simple moving average (SMA) over the last couple of days. A successful break beneath Read more…

By , 2 years ago August 23, 2024
Cryptocurrencies

GBPJPY’s Recovery Stalls at 200-day SMA

GBPJPY attempts to recover from recent 8-month low But the rebound falters after testing 200-day SMA RSI and MACD remain tilted to the bearish side GBPJPY experienced a vast selloff in July, dropping from a 16-year peak Read more…

By , 2 years ago August 23, 2024

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