Share: NZD/USD is now seen trading within the 0.6210-0.6370 range in the next few weeks, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes 24-hour view: Yesterday, we held the view that NZD “could retest the 0.6260 level before the risk of a more sustained rebound increases.” Instead of “testing
Supply and demand is one of the most important trading tactics to understand. In this video, I display how I personally find my zones, how I enter, how I exit, and I also share some secret tricks I use to make my zones more accurate. Enjoy! If you learned something new, leave a like! 🔥
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Netflix reports second-quarter earnings on Wednesday and investors will pay close attention to the streaming giant’s crackdown on password sharing, as well as the recently launched ad-supported tier. Analysts are predicting — and some data sources have shown
Our Recommended Brokers Are👇 No.1 | Exness 👉 https://bit.ly/3RiMCGc No.2 | OctaFX 👉https://bit.ly/3jG9Nhe No.3 | XM 👉 https://bit.ly/3PbUhUC No.4 | IcMarket 👉 https://bit.ly/3yoMtYV —————————————————————————————————— Join VIP Telegram Group and Trade with Me👇 https://t.me/forexsekho —————————————————————————————————— Our Social Media Groups 👇 Must Join 👉 Telegram Group: https://t.me/forexsekho 👉 Trading View Channel: https://www.tradingview.com/u/ForexSe… 👉 Instagram: https://www.instagram.com/forexsekho/ —————————————————————————————————— Note:
Bitcoin (BTC) is struggling to reclaim its psychologically-important level at $30,000 as analysts predict that choppy accumulation may last for months. Bitcoin soared to a new yearly high of over $31,800 on July 13, driven by optimism surrounding the potential approval of exchange-traded funds (ETFs) in the United States and Ripple’s landmark legal victory in
In an early video on the GBPUSD , I spoke to the pair’s next target coming at the key 50% midpoint. More specifically, I wrote: “On the downside, the next key target comes against the 50% midpoint at 1.28658 (see chart below). The level also corresponds with a modest swing area going back to July
In Q2 2023, IBM reported an operating EPS of $2.18, which was higher than the expected $2.01. The reported revenue for Q2 was $15.48 billion, falling slightly short of the projected $15.57 billion. The revenue breakdown across different segments was as follows: Software segment generated $6.61 billion in revenue, surpassing the expected $6.35 billion, marking
The Brent crude oil benchmark hovered above $80 a barrel on Wednesday, buoyed by China’s pledge to reinvigorate economic growth and expectations that the U.S. Federal Reserve will stop raising interest rates soon. Brent futures were up 63 cents at $80.26 a barrel by 1325 GMT while U.S. West Texas Intermediate (WTI) crude was up
Sterling continues its descent, which was spurred on by the fallout from UK CPI data, in early US session. The odds of a 50 bps rate hike from BoE in August are being reassessed, now standing at a mere 50% probability. Furthermore, expectations of a peak rate have also dipped, falling below the 6% threshold.
In this article GSBD Follow your favorite stocksCREATE FREE ACCOUNT Skyline of lower Manhattan and One World Trade Center in New York City and the Water’s Soul sculpture on July 11, 2023, in Jersey City, New Jersey. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Corbis News | Getty Images Goldman Sachs revised down the
Share: The GBP/JPY tallied its third daily loss in a row and slid to a daily low below 180.50. UK’s June CPI came in lower than expected. Governor Ueda hinted that the monetary policy will remain unchanged in the next meeting. The GBP/JPY retreated to the 180.30 area and then settled around 181.60 on Wednesday
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla reports
The price of WTI crude oil recovered to the upside today. The price of the futures settled at $75.75, up $1.60 or 2.16%. Technicals are playing a role in the price action. Crude oil trade between the 100 and 200 day moving averages Recall from last week, the price action was pushing against the 200-day
The report here helps to pull back the recent hawkish market pricing on the BOE and that is dragging the pound lower on the day. It’s a pretty straightforward one as price pressures may be starting to ease in the UK, which is a welcome development to the economy. Not only did we see a
Gold traded flat in the early trade on Wednesday as the dollar index (DXY) crossed above the 100 mark and was trading with positive bias. The DXY was around 100.07 against a basket of 6 major currencies. The August gold futures were trading at Rs 59,793 per 10 grams on the MCX around 9:10 am,
Sterling falls sharply following the release of June’s UK CPI figures which revealed faster than expected slowdown in both headline and core inflation. Despite the persistent high inflation levels, these figures suggest BoE may not need to raise interest rates as aggressively as previously anticipated by some economists, potentially easing some monetary policy pressures. In
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters had projected an annual rise in the headline consumer price index of 8.2%, following the hotter-than-expected 8.7% reading