Oil and Natural Gas Analysis: Price Decline Continues
Overall Analysis Oil tanked more then -1.98% on Friday’s trading session, broke major supporting trendline and sustained below it. Natural Gas down by almost -1%, breaking the supporting trendline, currently at major level. Breakdowns may trigger massive selling. Oil Chart Analysis Oil/USD- 15 min
Dollar Index Analysis: Strong Uptrend Faces Resistance Level
Overall Analysis The Dollar Index continues its rally to the upside, with price action showing weakness on the daily and hourly time frames. Chart Analysis USD 15-Minute Time Frame On November 11, 2024, the Dollar Index increased by 0.50%, currently trending upwards within a
USD/CHF in a strong up trend; USD/JPY breaks out of the zone
Overall Analysis USD/CHF in an uptrend with strong channel support; the pair stays strong on the daily time frame. USD/JPY breakout of the distribution zone; breaking the halt zone will decide the direction. USD/CHF Chart Analysis 15 min time frame On the 11th Nov 2024,
Bitcoin & Ethereum Analysis: BTC Hits High, ETH Is Steady
Overall Analysis Bitcoin made an all-time high of $81,751, continuing its rally for six consecutive trading sessions. Trump’s win has fueled Bitcoin’s rise. Ethereum successfully closed above a major resistance level, and the rally seems poised to continue upward. Bitcoin Chart Analysis BTC/USD 15-Minute
Tesla Stock Hits $1T Market Cap as Musk Backs Trump Return
Tesla’s stock has recently surged, reflecting a renewed synergy between CEO Elon Musk and President-elect Trump. The company’s valuation exceeded $1 trillion for the first time in over two years. Shares of the electric vehicle (EV) giant rose by 8.2%
SoftBank Stock Reports $1.87B Profit Boosted by AI
SoftBank Group should report a quarterly profit of around 287 billion yen ($1.87 billion), marking a significant rebound from its 931 billion yen loss during the same period last year. Favorable portfolio company listings and the strengthening yen against the
EUR/USD & EUR/GBP: Key Support Levels Under Pressure
Overall Analysis EUR/USD: After breaking the upward channel, the pair continues to fall but is now facing support at the 1.06839 level. EUR/GBP: The pair failed to sustain higher levels. The price fell sharply and is currently near intraday resistance. EUR/USD Chart Analysis EUR/USD
Oil and Natural Gas Analysis: High Volatility & Trends
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and a tight zone continue. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 7th
Airbnb Stock Q3 Revenue Beats Forecasts, Shares Drop 4%
In Airbnb’s financial results for the third quarter, the company showed mixed performance as they slightly beat the expectations of the top line with a report of $3.73 billion. It is a little more than the predicted $3.72 billion, but nevertheless,
S&P 500 Hits Record as Fed Cuts Rates
The S&P 500 proved to have a track record of setting records, this time by a 0.8% increase, made possible by the willingness to boost the stock prices and major indexes of the Federal Reserve. The Nasdaq surged 1.5%, while
Bitcoin Hits $76,825; Ethereum Breaks Key Resistance
Overall Analysis Bitcoin, at a record high of $76,825, continues its rally upwards for a second consecutive day. The price is currently in a strong uptrend. Ethereum successfully closed above major resistance, rally seems to continue towards the upside. Bitcoin Chart Analysis BTC/USD 15-Minute
Gold & Silver Analysis: Key Levels & Trendline Insights
Overall Analysis Gold breaks the long-term supporting trendline and sustains below it. Previous buying swings are still intact. Silver fell sharply on 6th Nov trading session, currently moving sideways, trying to hold level. Gold Chart Analysis Gold/USD 15-Minute Chart (Source: TradingView) On the 6th Nov
Nvidia Stock Rises with DJIA Inclusion & AI Driving Growth
Nvidia being included in the Dow Jones Industrial Average (DJIA) is a major success factor for the company and signifies its growing influence in the tech sector, as well as its recognition as a solid, blue-chip stock. This change, which
Trump Media Group Stock (DJT) Surges 25% as Trump Wins
Trump Media & Technology Group (DJT) stock rose by as much as 25% on Wednesday after Donald Trump’s victory over Kamala Harris in the US presidential election had been announced. Although the stock experienced significant fluctuations throughout the day, it
Bitcoin Hits All-Time High, Ethereum Breaks Key Resistance
Overall Analysis Bitcoin reached a new all-time high for the second consecutive trading session, continuing to fuel upside momentum. Ethereum successfully broke through its strongest resistance. Will it continue to rally further? Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView) On November 6, 2024, during