Discover the latest and most vital updates in the world of forex trading. Enhance your trades with the latest insights. Fresh news and market analysis.
Whether you're a full-time trader or new to the Forex market, our content can help you make informed decisions in the constantly shifting currency markets.
Stay ahead of trends, understand market drivers, and navigate your trading strategies accordingly. Know which stocks, currencies, or other financial assets show uptrend or downtrend movements daily.
The comprehensive Forex market and analysis section has customizable filtering options. A dedicated search window enables traders to look for any keywords or assets of interest.
Moreover, traders can choose the category and filter the news accordingly. Available categories are: Fundamental Analysis, Technical Analysis, Expert Commentary, Trade Pattern Ideas, Trade Ideas, and News. To refine results even further, users can select the date, ensuring a precise display of the selected period.
Starting from November, Walmart is set to increase the hourly pay for 100,000 employees. Entry level workers will make $16 per hour instead of the prior $15.
Research published by the Atlantic Council has revealed to the world that 98% or 134 country central banks are looking into the use of digital currencies.
As the US Dollar continues to weaken, the price for of gold continue to grow. By mid-Wednesday, the price had touched the 2,670.00 level and retraced to find support at 2,650.00/2,655.00. Economic Calendar Analysis On Thursday, the markets might react to the publication of the US Final GDP data release. However, the Final release is the one with the less impact
During the first half of this week, the rate found support in the 143.00 level, before returning to test the resistance of the 144.50 level. Economic Calendar On Thursday, the markets might react to the publication of the US Final GDP data release. However, the Final release is the one with the less impact of the three US GDP releases. On Friday, at
The surge of the Pound against the US Dollar has reached the 1.3430 level where it met the upper trend line of the channel up pattern. Since then, the rate has found support in the 50-hour simple moving average, and the surge could continue. Economic Calendar On Thursday, the markets might react to the publication of the US Final GDP data release.
The Insurance Institute for Highway Safety has tested Volvo Pilot Assist and Tesla Autopilot software programs. The research has concluded that drivers engage in various activities and are distracted when using partial automation. Moreover, drivers do not comply with rules set by the carmakers.
The recovery of the EUR/USD rate has managed to break the resistance of the 1.1200 mark. However, the weekly R1 simple pivot point has provided enough resistance for a retracement back down to occur. Economic Calendar Analysis On Thursday, the markets might react to the publication of the US Final GDP data release. However, the Final release is the one with the
As the US Dollar continues to weaken, the price for of gold continue to grow. By mid-Wednesday, the price had touched the 2,670.00 level and retraced to find support at 2,650.00/2,655.00. Eventually, the surge should break through all round levels and face the 2,700.00 mark. The major round price level is set to hold for at least a week. Meanwhile, a
During the first half of this week, the rate found support in the 143.00 level, before returning to test the resistance of the 144.50 level. A passing above 144.50 is expected to immediately be stopped by the 145.00 mark. Higher above, note the weekly R1 simple pivot point at 145.68. In the case of a decline, the rate might find
The surge of the Pound against the US Dollar has reached the 1.3430 level where it met the upper trend line of the channel up pattern. Since then, the rate has found support in the 50-hour simple moving average, and the surge could continue. A continuation of the prior surge is set to face the combination of the pattern's upper trend
Johnson and Johnson (JNJ) Q1 and Q2 performance has been above market expected returns when it comes to Earnings performance. Although GAAP earnings and GAAP EPS for Q2 have been lower comparing to previous year (-12.8% and -5.9%), Q2 2024 Sales worldwide have increased by 4.3%. Organic Growth and Free cash flow are key priorities of JNJ Capital Allocation strategy,
The recovery of the EUR/USD rate has managed to break the resistance of the 1.1200 mark. However, the weekly R1 simple pivot point has provided enough resistance for a retracement back down to occur. A broader decline of the Euro against the US Dollar is set to result in the rate looking for support in the 1.1180 and 1.1160 level,
Reuters have revealed that Vista Equity Partners and Blackstone intend to acquire Smartsheet in a purchase that would value the software firm at $8 billion.
The Financial Times have reported that the governments of Japan and United States have negotiated a deal to reduce tech exports to China. In general, the countries want to reduce semiconductor exports.
The smart glasses producer EssilorLuxottica has extended the firm's partnership with Meta Platforms. The two companies have entered a long-term contract that is aimed at the creation of new smart eyewear.
The rocket motor producer Ursa Major has received a $12.5 million contract from the Pentagon. The contract is set to allow the firm to build new production and testing facilities.
Data for August has revealed that Indonesian trade surplus reached a three-month-high level in August. The data passed market expectations.
Johnson & Johnson has managed to convince an Oregon judge to overturn the verdict that mandated the firm to pay out $260 million to 62,000 consumer claims that the firm's products were contaminated with asbestos.
As it was forecast in August, the USD/CHF currency pair has reached the support of the 0.8330/0.8435 range. Meanwhile, the rate remains in the channel down pattern. The big question now is which one of the two fails, the support zone or the descending channel. A move below 0.8330/0.8435 would result in the rate reaching levels not seen since the
At the start of September, the GBP/JPY currency pair encountered resistance in the 200-day simple moving average and declined below the support of the 190.00 mark. By the middle of the month, the rate found support at 183.70/184.40 and started a recovery. This week, the pair was back above the support of the 190.00 and was expected to soon
The stock price of Visa has plummeted 4.25% at the start of September 24 US trading. The drop was caused by the announcement that the US Department of Justice that it is set to sue the company for allegedly monopolizing the US debit-card market. The upcoming lawsuit is set to extend the stock decline, if it drags on or the
The publication of the US Consumer Board Consumer Confidence index has caused a minor market reaction, despite the survey results showing a bleak picture. The survey results were forecast to show a positive future outlook with a reading of 103.9. However, actual survey results showed a reading of 98.7. The US Dollar index reacted to the news by declining just 28
The retail giant Amazon has mandated its office workers to work five days in a week at the office, starting from 2025. Namely, the firm is getting rid of remote work.
The US United Auto Workers union has filed charges against the United States car brand owner Stellantis. UAW claims that the firm has been ignoring the agreement between the union and the firm that was made in autumn of 2023.