Category Archive: Finance, No picture
ADP Reports Strong Results For Fiscal Q2, Outperforms Expectations
Image Source: Unsplash Automatic Data Processing, Inc. (Nasdaq: ADP) has reported a robust performance for the second quarter of fiscal 2025. The company recorded an 8% increase in revenues, reaching $5.0 billion compared to the same quarter last year. This growth was consistent on an organic constant currency basis as well. Net earnings saw a 10% rise to […]
Datadog Inc: Chart Analysis
Image Source: Unsplash Good morning everyone. Happy Wednesday. It’s time for our chart of the week, and this week we’re gonna be focusing on cloud computing name Datadog; DDOG is the symbol. Let’s take a look at this chart. It had a nice breakout yesterday.As you can see from the chart up here, it had a […]
Cardano Price Prediction: Can ADA Surge Past $1 Soon?
The cryptocurrency market is navigating a correction, with leading assets experiencing a pullback following recent gains.Bitcoin (BTC) is trading at $102,584.12, down 0.27% over the past 24 hours, while still maintaining a 2.77% gain over the past week.Ethereum (ETH) has declined to $3,141.78, reflecting the overall bearish sentiment.Other major altcoins, including Cardano (ADA) and XRP, […]
New Home Market Cap Points To Disappointing Year
New home sales were better than expected in December 2024. Here are Reuters’ main takeaways from the month’s new home sales report from the U.S. Census Bureau: “Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity regained some momentum at the end of 2024, though rising mortgage rates remain a […]
AUD/USD Slumps To Near 0.6220 On Soft Aussie CPI, Fed Policy In Focus
The AUD/USD pair falls sharply to near 0.6220 in Wednesday’s European session. The Aussie pair faces sharp selling pressure as the Australian Dollar (AUD) weakens across the board after the release of the softer-than-projected Australian Q4 Consumer Price Index (CPI) data, which fuelled bets supporting the Reserve Bank of Australia (RBA) to start reducing interest rates from the policy […]
Fed Day: Vigorous Defense Of Independence While Standing Pat
Tariffs and the Federal Reserve meeting are center stage today. Yesterday, the White House reiterated that tariffs on Canada and Mexico could be announced this weekend. The Canadian dollar is softer, and the Bank of Canada is widely expected deliver a quarter-point cut today and hint at a pause. There is practically no question about […]
Australian Dollar Falls Amid Soft Inflation Data
Image Source: Unsplash The Dow Jones Index (US30) was up 0.31% on Tuesday. The S&P 500 Index (US500) added 0.92%. The Nasdaq Technology Index (US100) jumped 1.59%. The US stocks rose by 1.5%, led by the Nasdaq Index, as technology stocks recovered from Monday’s selloff. Nvidia rose by 8.8%, recovering some of the historic 17% loss […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Jan 29
Image Source: UnsplashToday you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:31More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
This Breakout Pullback Could Be Easy Money Before FOMC
Image Source: Unsplash Great work today, let’s keep it going! Today’s Slingshot Reversal gave us a beautiful move higher…Combine that with today’s range breakout, and it’s easy to see why this Breakout Pullback is my favorite trade for tomorrow!Don’t forget – tomorrow’s FOMC and markets often float higher…If that happens, I’ll look for this Bear Trap […]
Markets Stage Shallow Rebound From Monday Sell-Off
Image Source: UnsplashMarkets ebbed back into positive territory in Tuesday’s session, closing up +136 points on the Dow, +0.31%. The S&P 500 and the Nasdaq closed at or near session highs today, +0.92% and +2.03%, respectively; these indexes bore nearly all the sell-off burden yesterday. The small-cap Russell 2000 gained +0.42% on the day. Case-Shiller Home […]
