Key Highlights Crude oil prices started a recovery wave from the $65.50 support. A major bearish trend line is forming with resistance at $72.50 on the 4-hour chart. Gold consolidated gains after trading to a Read more…
ECB Governing Council member Martins Kazaks indicated that after two rate cuts this year, “this is not the final destination.” Borrowing costs remain “pretty restrictive”, and “these rates will continue to go down,” he added. Read more…
Fundamental Analysis This week, September 16-20, 2024, is key for the USD, with the Federal Reserve meeting in the spotlight, taking place between Tuesday, September 17, and Wednesday, September 18. Currently, according to the CME’s Read more…
GBPUSD poised for a breakout—traders should stay alert! The GBPUSD pair, commonly known as “cable” among traders, reflects the exchange rate between the British pound and the US dollar. Economic conditions heavily influence the pair Read more…
EURJPY reversed from support zone Likely to rise to the resistance level 157.40 EURJPY currency pair recently reversed up from the powerful support zone located between the long-term support level 154.85 (which has been reversing Read more…
GBPUSD reversed from support zone Likely to rise to the resistance level 1.3255 GBPUSD currency pair continues to rise strongly after the earlier upward reversal from the support zone set between the support level 1.3020 Read more…
Amazon (AMZN) is time traveling back to 2019 with its latest workplace change that many employees may not enjoy. Amazon CEO Andy Jassy has just revealed in a memo to employees that the company wants Read more…
South Korean automaker Hyundai (HYMTF) has been dipping its toe into nearly everything eco-friendly lately. During its keynote at the Consumer Electronics Show in January, the automaker laid out plans for an ecosystem developed around Read more…
The fear that Social Security will one day be obsolete has existed for decades, but that notion has become increasingly possible in recent years. The Social Security Administration expects the program to remain unchanged until Read more…
ExxonMobil (XOM) wants to get back to work. The energy giant, the largest direct descendant of John D. Rockefeller’s Standard Oil, said on Sept. 16 that it is working to safely restart operations at its Read more…