Economy

Overall Analysis EUR/USD fell sharply on the 1st Nov Trading session after a strong spike up. Still, previous higher low swings are intact.  EUR/GBP showed the same fall on 1st…

Amazon stock (AMZN) has increased by 5% in after-hours trading on October 31 mainly because the largest online buying platform and tech companies have reported very strong third-quarter earnings that…

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…

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…

Overall Analysis Oil continues its momentum towards downside with swing creation indicating selling opportunities.  Natural Gas is trying to break the selling trend, but 0.5 feb retracement gives strong rejection. …

Overall Analysis Bitcoin continues to move within a sideways zone, showing strength on the upside. The previous swing is only 300 points away from its all-time high. Ethereum is slowly…

Overall Analysis Gold has reached an all-time high and is holding at that level. The price is forming an ascending triangle, indicating a potential upward move. Silver fell sharply during…

Starbucks (SBUX) stock reported poorer-than-expected preliminary fourth-quarter results, thereby showing a revenue decrease of 3% year over year to $9.1 billion and a drop of 24% in the adjusted earnings…

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,…