Key Highlights EUR/USD started a fresh increase from the 1.0775 support zone. It broke a key bearish trend line with resistance at 1.0820 on the 4-hour chart. GBP/USD is attempting to recover above the 1.2820 Read more…
Ethereum has taken a severe hit in the past few days, plunging over 20% since Friday as the global market downturn extends its reach into the cryptocurrency space. This steep decline is fueled by a Read more…
China’s Caixin PMI Services increased from 51.2 to 52.1 in July, surpassing the expected 51.4 and remaining in expansionary territory for the 19th consecutive month. Meanwhile, PMI Composite fell from 52.8 to 51.2, but still Read more…
Japan’s PMI Services was finalized at 53.7 in July, up from June’s 49.4. PMI Composite was finalized at 52.5, up from June’s 49.7. Usamah Bhatti, Economist at S&P Global Market Intelligence, highlighted a “renewed upswing” Read more…
EURJPY falling inside accelerated impulse wave c Likely to test support level 158.00 EURJPY currency pair continues to fall inside the accelerated downward impulse wave c of the minor ABC correction 2 from the start Read more…
S&P 500 Index under bearish pressure Likely to fall to support level 5200.00 S&P 500 Index is under the bearish pressure after the price broke below the key support level 5400.00, which reversed the price Read more…
You type what interests you into a Google search box, and Google makes an advertising profit. But Meta Platforms (META) does it differently. “They have to infer your interest, which is substantially harder to do, Read more…
The July employment report came in weaker than expected Friday, with nonfarm payrolls rising only 114,000 and the unemployment rate climbing to 4.3%. That has sparked debate about the health of the economy. Some see Read more…
As the stock market faces some worrisome uncertainty, it is worth noting a positive development: Mortgage rates have now fallen below 6.5% for the first time since May of 2023. People considering buying a home Read more…