Ford Motor Company: Balancing Setbacks with Future Potential Ford Motor Company’s stock price recently tumbled with a significant 16.7% drop. However, as supply chain disruptions are being resolved, Ford is seeing an increase in sales, which comes with higher prices, bolstering its financial strength. A famous name in the auto industry, Ford is keeping pace with the innovative race in ...
US Inflation News Today: Robust Growth in Q2 The U.S. economy expanded more rapidly than anticipated in the second quarter of 2024, driven by robust consumer spending and business investment. However, today’s inflation news shows eased pressure, leading the market to maintain expectations for a Federal Reserve interest rate cut in September. The Commerce Department’s preliminary report on Thursday showed ...
EURAUD and EURNZD: EURAUD takes a step lower this morning During this morning’s Asian trading session, the EURAUD retreated to the 1.65250 level. During this morning’s Asian trading session, EURNZD climbed to a new weekly high of 1.84514. EURAUD chart analysis During this morning’s Asian trading session, the EURAUD retreated to the 1.65250 level. There, we met the EMA 50 ...
S&P 500 and Nasdaq: new July lows for the indexes Yesterday, the S&P 500 index was under great pressure, resulting in a drop to the 5391.5 level. After a month, the Nasdaq index dropped below the 19,000.0 level again yesterday. S&P 500 chart analysis Yesterday, the S&P 500 index was under great pressure, resulting in a drop to the 5391.5 ...
AUDUSD and AUDNZD: AUDUSD has a chance to start a recovery AUDUSD’s two-week bearish consolidation was stopped yesterday at the 0.61538 level. AUDNZD pulled back to the 1.10370 level yesterday, forming a new two-week low there. AUDUSD chart analysis AUDUSD’s two-week bearish consolidation was stopped yesterday at the 0.61538 level. After receiving support at this level, the pair started a ...
The dollar index remains positive at the end of the week This week’s dollar index movement mainly occurred in the 104.20-104.50 range. Dollar index chart analysis This week’s dollar index movement mainly occurred in the 104.20-104.50 range. Yesterday, we had a short-term jump down to the 104.10 level, but we quickly returned to the previous rank. During this morning’s Asian ...
USDCHF and USDJPY: USDJPY found support at 151.93 On Thursday, USDCHF retreated to the 0.87770 level, forming a new July low. Yesterday, the pair USDJPY retreated to a new July low at 151.93 level. USDCHF chart analysis On Thursday, USDCHF retreated to the 0.87770 level, forming a new July low. After that, the pair stabilized and initiated a bullish consolidation ...
The Next Big Cryptocurrency: Top Picks Of 2024 In finance, a bull run signifies a period when asset prices rise steadily, generating substantial returns for certain new projects and significant profits for early investors. During such times, investors often speculate on the next big cryptocurrency, seeking opportunities for substantial gains in the rapidly evolving digital asset market. These times are ...
On Thursday, the price of Ethereum dropped to a new low Yesterday’s bearish consolidation dragged the Ethereum price down to the $3087 level Ethereum chart analysis Yesterday’s bearish consolidation dragged the Ethereum price down to the $3087 level. A new weekly low was formed there, from which the recovery was initiated. By the end of the day, the price recovered ...
The price of Bitcoin has been on a surge since last night Bitcoin’s price has been in a strong bullish consolidation since yesterday at $63424. Bitcoin chart analysis Bitcoin’s price has been in a strong bullish consolidation since yesterday at $63424. After some consolidation, we managed to move above the $65000 level and get support from the EMA 200 moving ...