Overall Analysis Gold has reached an all-time high and is holding at that level. The price is forming an ascending triangle, indicating a potential upward move. Silver fell sharply during…
Starbucks (SBUX) stock reported poorer-than-expected preliminary fourth-quarter results, thereby showing a revenue decrease of 3% year over year to $9.1 billion and a drop of 24% in the adjusted earnings…
Overall Analysis EUR/USD is moving upward, forming an ascending channel. The price may face strong resistance around the 1.08703 level. EUR/GBP is in a downtrend on the higher time frame,…
S&P 500 and Stock futures dropped on October 31, when investors digested not-so-good results of the tech corporations and, on the other hand, looked forward to reports from Apple and…
Overall Analysis The Australian Dollar/US Dollar has currently in a selling trend for a long, following a channel-based moment. The Australian Dollar/New Zealand Dollar is also under selling pressure and…
Overall Analysis Oil continues its momentum towards downside with swing creation indicating selling opportunities. Natural Gas trying to break selling trend, but 0.5 feb retracement gives strong reject. Oil Chart…
As we near the end of October 2024, it’s important to note that the market trends remain quite strong. Despite plenty of short-term breakdowns in key stocks this week, our…
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period”…
Homebuyers are still on the sidelines, waiting for better mortgage rates, while homebuilders are gearing up for a potentially strong 2025. Despite mortgage rates hitting two-year lows, buyers are holding…
When the stock market hesitates to move in either direction, it becomes challenging to identify potential trading candidates. For this reason, it’s a good idea to have a checklist of…