USD/CHF and GBP/USD Technical Analysis: Weekly Recap and Future Outlook

As we look forward to the new week, reflecting on the currency movement in the past week is important as economic data continues to trickle in from nations worldwide. USD/CHF Technical Analysis The USD/CHF currency pair has experienced a significant decline recently, falling below the convergence of the 20 and 50-day exponential moving averages (EMA) … Read more

Stock Market Downturn: SVB Financial Group’s Stock Plummets 61%, Banking Sector in Turmoil

On Friday, the stock market experienced a significant downturn, with the Dow Jones Industrial Average down by 1.7%, the S&P 500 declining by 0.4%, and the Nasdaq declining by 0.1%. These declines are primarily due to the February jobs report, which fell short of expectations. Moreover, the market is in turmoil due to the emergency … Read more

Global Risk Appetite Improves as Major Indices Rise: Weekly Forex Forecast

The global risk appetite improved in the first week of March. The Dow Jones saw an uptick of 1.79% in the US, while the S&P followed suit with a 1.86% increase. In Europe, the Dax 40 increased by 2.59%, while the FTSE of London was up 0.46%. The Nikkei 225 gained 1.73% in Asia, while … Read more

EUR/USD Rises Above 1.06000 on Risk Appetite Boost: Technical & Fundamental Analysis

The EUR/USD pair rose above the 1.06000 level, fueled by a boost in risk appetite weighing heavily on the US dollar. The greenback was also impacted by a surge in US equities, which closed with weekly gains. Additionally, data from the US indicated that the services sector continued to grow steadily in February. In addition … Read more

Gold Struggles to Rebound Amid USD Demand & Rising Interest Rate Expectations

Gold Struggles to Capitalize on Monday’s Rebound Gold, one of the most sought-after precious metals, has struggled to gain in recent trading sessions. On Monday, the price of gold might recover, following a brief rebound from $1,807-$1,805. However, any optimism was quickly dampened as fresh supply emerged early on Tuesday, resulting in the precious metal … Read more

Berkshire Hathaway Posts Record Annual Profit Despite Q4’s Deteriorated Returns

Berkshire Hathaway Inc, one of the world’s largest and most well-known conglomerates, owned by the legendary investor Warren Buffet, has reported its highest annual operating profit. This news comes despite a drop in profits for the fourth quarter due to foreign currency losses and lower gains from investment ventures. Buffet, known for his long-term investment … Read more

2022’s Investment Challenges: Growth Stocks Worth Considering Despite NASDAQ’s 21% Drop

Whether you’re a newbie or a pro, there are better years than 2022 if you’re interested in investing. The NASDAQ has dropped by 21%, and it’s uncertain when it will recover. Despite this, many investors are still investing heavily in growth stocks. Billionaires have been eyeing specific growth stocks that could provide a good return … Read more

GBP/USD Finds Neutral Ground Amidst Downward Trend as US Dollar Strengthens

GBP/USD Finds Neutral Ground Amidst Downward Trend At the beginning of the trading day, the pair experienced a slight increase in price which brought it up to the 1.2075 price region. However, this increase was short-lived, as the pair encountered a fresh supply, or an increase in sell orders, during the afternoon trading session. This … Read more

USD/JPY Exchange Rate Stable: Technical Analysis

USD/JPY Remains Stable as Traders Await Key Economic Reports On Tuesday, the USD/JPY exchange rate showed little movement as traders hesitated to take new positions ahead of several critical economic reports coming out of the United States. The cautious approach of investors stems from the potential impact these reports could have on the value of … Read more

USD/JPY Faces Turbulent Week with Yen Hitting 2023 Lows: Technical Analysis & Resistance Levels to Watch

USD/JPY Faces Turbulent Week with Yen Hitting 2023 Lows The USD/JPY pair has had a turbulent week, with the yen dropping to its lowest value of 2023 at 135.11. This drop comes after a week of market volatility, as investors sought refuge in safe-haven currencies amidst the Ukraine-Russian conflict. Despite this tumultuous week, the USD … Read more

3 FTSE 100 Stocks with Over 2% Profit & Positive Growth Forecast for 2023 – Ryan Hogg’s Investment Tips

Ryan Hogg suggests three FTSE 100 stocks that offer a profit of over 2% and are expected to experience positive growth in 2023. The mid-February performance of the FTSE 100 has been impressive, with the UK avoiding a recession and price drops. Meanwhile, the US is adopting a hawkish turn based on analysis ratings and … Read more

Understanding the Doji Candlestick: A Guide for Forex Traders & Investors

The Japanese candlestick charting technique has been widely used for centuries in the world of trading. One of its key patterns, the Spinning Top, is a symbol of indecision in the market and can play a crucial role in a trader’s decision-making process. Moreover, this intriguing pattern features unique characteristics, making it a subject worth … Read more