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Libya Outages and Middle East Tensions Spark Supply Concerns. WTI Nears key $77.40 Resistance
Libya Outages and Middle East Tensions Spark Supply Concerns. WTI Nears key $77.40 Resistance
Aug 27, 2024
Brent, WTI Oil News and Analysis Geopolitical uncertainty and supply concerns have propped up oilOil prices settle ahead of technical area of confluence resistanceWTI respects major long-term level but geopolitical uncertainty remainsThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get...
EUR/USD Underpinned by Better
EUR/USD Underpinned by Better
Aug 22, 2024
EUR/USD Underpinned by Better-Than-Expected Euro Area PMIs, Weak US Dollar Euro Area composite PMI beats expectations but caution neededGerman manufacturing woes continueCan Powell support an ailing US dollar?Economic activity in the Euro Area picked up in August, according to the latest HCOB PMIs, but a closer look at the numbers ‘reveals that the underlying fundamentals might be shakier than they...
IG Retail Sentiment Report: AUD/USD and USD/JPY after Aussie CPI, BoJ Comments
IG Retail Sentiment Report: AUD/USD and USD/JPY after Aussie CPI, BoJ Comments
Aug 29, 2024
Aussie Inflation Data Remains Mixed as Electricity Rebate Artificially Lowers CPI Australian inflation rose at an annual pace of 3.5% in July, down from 3.8% in June according to the Australian Bureau of Statistics. The data point was slightly above the 3.4% estimate and while it looks encouraging at face value, much of the drop was due to rebates for...
Japanese CPI and Ueda’s Comments Prop up the Yen Ahead of Powell’s Address
Japanese CPI and Ueda’s Comments Prop up the Yen Ahead of Powell’s Address
Aug 27, 2024
Japanese Yen (USD/JPY) Analysis BoJ encouraged to stick to the plan as inflation continues above targetJapanese CPI remains at 2.8% - the same as last month and beats estimate of 2.7%USD/JPY gains prove short-lived ahead of Powell’s address at Jackson Hole BoJ Encouraged to Stick to the Plan as Inflation Continues above Target The Japanese currency strengthened, with the Yen...
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Palantir, Amazon, Cisco, Intuitive Machines, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Palantir, Amazon, Cisco, Intuitive Machines, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Nov 13, 2024
On Wednesday, major U.S. indices showed mixed results: the Dow Jones Industrial Average edged up 0.1% to close at 43,958.19, while the S&P 500 gained a slight 0.02% to end at 5,985.38. Meanwhile, the Nasdaq slipped 0.3% to finish at 19,230.72. These are the top stocks that gained the attention of retail traders and investors throughout the day: Palantir Technologies...
US STOCKS SNAPSHOT-Wall Street edges higher at the open after PPI data
US STOCKS SNAPSHOT-Wall Street edges higher at the open after PPI data
Nov 14, 2024
Nov 14 (Reuters) - Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates. The Dow Jones Industrial Average rose 74.2 points, or 0.17%, at the open to...
Disney, Cisco And 3 Stocks To Watch Heading Into Thursday
Disney, Cisco And 3 Stocks To Watch Heading Into Thursday
Nov 14, 2024
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Walt Disney Company ( DIS ) to report quarterly earnings at $1.10 per share on revenue of $22.35 billion before the opening bell, according to data from Benzinga Pro. Disney ( DIS )...
Futures muted ahead of economic data, Powell speech
Futures muted ahead of economic data, Powell speech
Nov 14, 2024
(Reuters) - U.S. stock index futures were steady on Thursday as investors awaited a fresh batch of economic data and Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for the economy and monetary policy. The producer price index (PPI) reading for October and weekly jobless claims data are expected at 8:30 a.m. ET....
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Affirm price ends cautiously higher - Forecast today - 11-06-2024
Affirm price ends cautiously higher - Forecast today - 11-06-2024
Jun 11, 2024
Affirm Holdings stock price (AFRM) advanced in the intraday levels, with positive signals from the RSI after reaching oversold levels, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA. Therefore we expect the stock to return lower, targeting the support of $25.65, provided the resistance of $32.80 holds on. Trend...
Apple price driven lower by pivotal resistance - Forecast today - 11-06-2024
Apple price driven lower by pivotal resistance - Forecast today - 11-06-2024
Jun 11, 2024
Apples stock price (AAPL) fell in the intraday levels after the pivotal resistance of $197.20 held on, with negative signals from the RSI after reaching overbought levels, while the stock gathers positive momentum to pierce that resistance, as it vents off some overbought saturation, with positive support from trading above the 50-day SMA. Therefore we expect the stock to return...
Crown Castle cuts annual profit forecast, reduces workforce amid fiber business review
Crown Castle cuts annual profit forecast, reduces workforce amid fiber business review
Jun 11, 2024
June 11 (Reuters) - Telecommunications infrastructure company Crown Castle ( CCI ) on Tuesday cut its annual profit forecast and said it will reduce its workforce by 10% as a result of an operational review of its fiber business. Crown had initiated a strategic and operating review of its fiber business, which made up about 32% of the company's revenue...
Will Spotify Music Buffs Pay $5 More? A Pricey Premium Plan Is Being Discussed: Report
Will Spotify Music Buffs Pay $5 More? A Pricey Premium Plan Is Being Discussed: Report
Jun 11, 2024
Spotify Technology ( SPOT ) has a new, more expensive premium plan for music lovers. What Happened: According to Bloomberg, subscribers would pay at least $5 more monthly for the plan. The new offering, set for later this year, features access to improved audio. It also offers new capabilities for making playlists and managing song libraries. Spotify ( SPOT )...
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ANA Holdings president: Boeing expected to overcome recent difficulties, aircraft selection policy remains unchanged
ANA Holdings president: Boeing expected to overcome recent difficulties, aircraft selection policy remains unchanged
Apr 26, 2024
TOKYO, April 26 (Reuters) - Ana holdings president: boeing expected to overcome recent difficulties, aircraft selection policy remains unchanged ...
Russia's Sberbank reports profit rise to $4.3 billion in 1st quarter
Russia's Sberbank reports profit rise to $4.3 billion in 1st quarter
Apr 26, 2024
MOSCOW (Reuters) -Russia's dominant lender Sberbank on Friday reported an 11.3% rise in first-quarter net profit to 397.4 billion roubles ($4.32 billion), boosted by growth in deposits and its loan portfolio. Sberbank made record profits of 1.5 trillion roubles in 2023, a more than five-fold increase on the previous year, as Russia's banking sector recovered from the impact of financial...
Italy sets conditions for Vitol's takeover of Saras
Italy sets conditions for Vitol's takeover of Saras
Apr 26, 2024
ROME (Reuters) - Italy's government has given a conditional green light to Vitol's plan to take over oil refiner Saras, the global commodity trader said in a statement on Friday. Saras's controlling shareholder - the Moratti family - said in February it had agreed to sell its stake to Vitol, in a deal valuing Saras at 1.7 billion euros ($1.83...
Thoma Bravo to buy UK's Darktrace for about $5.32 billion
Thoma Bravo to buy UK's Darktrace for about $5.32 billion
Apr 26, 2024
LONDON (Reuters) -Private equity firm Thoma Bravo agreed to buy Britain's Darktrace ( DRKTF ) for about $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity specialist. The agreed price of $7.75, or around 620 pence per share represents a 44% premium to Darktrace's ( DRKTF ) average...
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Here Are Bitcoin’s Biggest Support Levels Ahead: Will BTC Drop to $70K?
Here Are Bitcoin’s Biggest Support Levels Ahead: Will BTC Drop to $70K?
Aug 20, 2025
TL;DR Bitcoins RSI shows weakening momentum despite previous price gains, raising concerns about trend strength. MVRV model outlines critical support at $112K, $91K, and $70K amid recent pullback. First-time buyers added 50K BTC during the dip, suggesting quiet accumulation despite bearish signals. Bitcoin Price and Market Movement Bitcoin was trading below $114,000 at press time, down 5% over the past...
Long
Long
Aug 20, 2025
A significant wave of profit-taking has swept through cryptocurrency markets, with long-term investors capitalizing on recent all-time highs. Fresh on-chain data reveals that holders of major assets have collectively sold off approximately $2.8 billion in gains, contributing to a widespread market cooldown. $2.8B in Realized Profits as Major Coins Face Selling Pressure Analytics firm Glassnode reported on August 20 that...
SUI Bounce Imminent? Chart Hints at Major Rally
SUI Bounce Imminent? Chart Hints at Major Rally
Aug 20, 2025
TL;DR SUI holds strong support at $3.30 with a triangle pattern signaling potential breakout above $4.20. Analysts watch $3.17 pullback level before a possible surge toward $5.40, $6.01, and $7.15 targets. Despite bullish charts, the drop in futures interest and TVL dips suggest cautious market sentiment. Price Moves Within Bullish Pattern SUI is showing a familiar setup on the charts....
XRP, SOL, and LTC ETFs Could Be Coming Soon, Says Analyst
XRP, SOL, and LTC ETFs Could Be Coming Soon, Says Analyst
Aug 20, 2025
An ETF expert has predicted an imminent surge in spot crypto exchange-traded funds (ETFs) approvals over the next two months. This comes as the regulatory landscape for these investment products solidifies. Crypto ETF Floodgates In an August 20 post on X, Nate Geraci, president of NovaDius Wealth Management, stated that investors should expect the “spot crypto ETF floodgates” to open...
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