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Archives by Year:
Boston Scientific Continues Bullish Sequence
Boston Scientific Corporation (BSX) develops, manufactures & markets medical devices for use in various interventional medical specialties worldwide. It operates through MedSurg & Cardiovascular segments. It offers devices to diagnose & treat different medical conditions and offer remote patient management systems. It is based in Marlborough, US, comes under Healthcare sector & trades as “BSX” […]
USD/CAD Extends Downside Below 1.3630 In Countdown To Canadian Inflation
The USD/CAD pair continues its losing streak for the third trading session on Tuesday. The Loonie asset weakens below 1.3630 as the near-term appeal of the US Dollar (USD) is downbeat due to firm expectations that the Federal Reserve (Fed) will start reducing interest rates in September.Firm expectations for Fed interest-rate cuts in September have improved the […]
Sensex Today Trades Higher; Nifty Above 24,600
Asian stocks rose, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready to start cutting interest rates.The MSCI Asia-Pacific index headed for a third day of gains while Hong Kong futures also pointed to a rise.US stock market ended higher on Monday led by tech stocks, with […]
Silver Forecast: Continues To See Support
I can see that silver is still widely supported overall. We initially pulled back a bit during the trading session on Monday, but it looks like the 50-Day EMA continues to be a major area of interest. Furthermore, we also have the $28.50 level offering support, as it has been important multiple times. Because of […]
FX Daily: EUR/USD Presses Top Of Medium Term Range
Image Source: Unsplash In quiet trading conditions, the dollar is staying soft and EUR/USD is heading towards the top of an 18-month trading range. The FX options market suggests momentum is with EUR/USD. In the continued absence of US data today, the focus will be on a 25bp rate cut from Sweden’s Riksbank and the Central […]
BTC/USD Forex Signal: Inverse Head & Shoulders Forms
Bullish view Buy the BTC/USD pair and set a take-profit at 62,000. Add a stop-loss at 60,000. Timeline: 1-2 days. Bearish view Sell the BTC/USD pair and set a take-profit at 56,000. Add a stop-loss at 62,000. Bitcoin price continued to underperform other assets like stocks as the recent consolidation accelerated. The BTC/USD pair was trading […]
Binance and Macau police team up to fight against online scams
Key Takeaways Binance integrates anti-fraud alerts to protect users from scams. Customized scam warnings are now issued to Macau users withdrawing assets from Binance. Share this article Binance and the Macau Judiciary Police have joined forces to combat the rising threat of online scams, particularly targeting crypto users. According to a statement shared on Tuesday, […]
SPDR ETF Report For Monday, Aug 19
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Monday, Aug 19.Video Length: 00:11:25More By This Author:Financial Markets Report For Monday, Aug 19Metal Markets Report For Friday, Aug 9SPDR ETF Report For Friday, Aug 9
The Commodities Feed: Ceasefire Hopes
Image Source: Pixabay Energy – Potential ceasefire weighs on oil Oil prices came under renewed pressure yesterday. ICE Brent settled a little more than 2.5% lower on the day, which saw the front-month contract close well below US$78/bbl. Sentiment in the market remains bearish. Demand concerns centred around China continue to linger. Recent data releases, reinforce […]
Metaplanet’s shares jump 14% after firm completes ¥1 billion Bitcoin deal
Key Takeaways Metaplanet now holds 360.368 BTC after recent purchase. The firm’s stock increased by 14% post-announcement. Share this article Shares of Metaplanet, a Japanese public company known for adopting Bitcoin as its primary treasury reserve asset, surged 14% after the company announced it completed its ¥1 billion Bitcoin (BTC) acquisition, according to data from […]
