Overall Analysis EUR/USD is moving upward, forming an ascending channel. The price may face strong resistance around the 1.08703 level. EUR/GBP is in a downtrend on the higher time frame, with the price encountering resistance near the 0.83825 level. EUR/USD Chart Analysis EUR/USD 15-Minute Chart (Source: TradingView) On October 30,
S&P 500 and Stock futures dropped on October 31, when investors digested not-so-good results of the tech corporations and, on the other hand, looked forward to reports from Apple and Amazon. S&P 500 futures fell by 0.5%, with the Nasdaq 100 and Dow Jones futures equally
Overall Analysis USD/CHF continued its rally towards the downside, but the price quickly reversed from the support area towards the resistance. In USD/JPY, sellers keep pressuring the market, but buyers continue breaking their swings and trying to push the market high. USD/CHF Chart Analysis USD/CHF 15-Minute Chart (Source:
Overall Analysis Bitcoin fell sharply on 31st Oct from higher levels, indicating profit booking, and missed a time high of just 300 points. The selling trend might go long. Ethereum continued respecting levels from higher time frames and fell sharply in the 31st Oct trading session. The
The Greek media company Antenna Group is in talks to acquire Time from Salesforce co-founder Marc Benioff, according to people familiar with the matter. No deal is assured and the talks are still early, said the people, who asked not to be named because the discussions
We noticed on Thursday evening how poor the internals were for the SPY, based on Price Momentum Oscillator (PMO) internals. These internals are the percent of stocks with rising PMOs and the percent of stocks with PMO Crossover BUY Signals. The accompanying short-term Swenlin Trading
With the Magnificent 7 stocks struggling to hold up through a tumultuous earnings season, what sort of opportunities are emerging on the charts going into November? Today, we’ll break down some of the names we’ve included in our Top Ten Charts to Watch for November 2024. Some
After yesterday’s “trick,” investors received a “treat” at the end of the trading week, as the stock market regained its footing and bounced back a bit. Even though the October nonfarm payrolls were much weaker than expected—up by 12,000 when the Dow Jones estimate was for
In this StockCharts TV video, Mary Ellen reviews the negative price action in the broader markets while highlighting pockets of strength. She shares how the rise in interest rates is impacting the markets ahead of next week’s FOMC meeting. Last up is a segment on how
In this video from StockCharts TV, Julius begins by looking back at the completed monthly bars for October to assess the long term trends in the 11 S&P sectors. He follows that up with an updated view for SPY in coming weeks. After that, Julius