In recent days, forex markets have seen a strong increase in activity, moving away from their earlier steady trends. The confirmation of Kevin Warsh as the next Federal Reserve Chair added volatility, but today’s trading Read more…
Stock markets are back on a happy ride after President Trump revealed that the US-Iran deal was in its final stages. Both the Nasdaq and the Dow Jones are taking a fast-speed route to new Read more…
The Federal Reserve Open Market Committee (FOMC) held the federal funds rate at a target range of 3.50% to 3.75% in April. The minutes showed that the committee remains concerned about inflation staying above the Read more…
Gold edged higher on Wednesday after cracking important $4500 support zone (50% retracement of $4099/$4889 rally / recent higher base) which provides significant headwinds to larger bears. Partial profit-taking on oversold conditions / eased tensions Read more…
WTI crude oil: ⬇️ Sell WTI crude oil reversed from resistance zone Likely to fall to support level 95.00 WTI crude oil recently reversed from the resistance zone between the pivotal resistance level 105.00 (which Read more…
USDCHF: ⬆️ Buy USDCHF broke daily Triangle Likely to rise to resistance level 0.7920 USDCHF currency pair recently broke above resistance trendline of the daily Triangle chart pattern from the start of March. The breakout Read more…
The threat of a continued closure of the Strait of Hormuz sounds like a macro horror story for most industrial stocks. For Dow Inc. (DOW), however, it’s already sent the stock 77% higher over the Read more…
Broadcom (AVGO) stock closed the May 19 trading session at $411.07, or 6.5% lower compared to its highest-ever closing price of $439.79 on May 14, according to Yahoo Finance. The drop happened despite several analyst Read more…
While the rest of the market has been chasing AI, Michael Burry spent his Monday evening on Substack explaining why he has been buying the stocks everyone else is ignoring. He has a name for Read more…