Overall Analysis Bitcoin’s sharp rally towards the $88,398 level has sent the crypto market sky-high after the US election results. Ethereum surged by +5.91% on November 11th, currently testing a resistance level. Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView) On the November 11th, 2024, trading session, Bitcoin marked another all-time high of $88,398. The […]
Category: Economy
Overall Analysis Oil tanked more then -1.98% on Friday’s trading session, broke major supporting trendline and sustained below it. Natural Gas down by almost -1%, breaking the supporting trendline, currently at major level. Breakdowns may trigger massive selling. Oil Chart Analysis Oil/USD- 15 min time frame On the 8th November 2024 trading session, oil tanked […]
Overall Analysis The Dollar Index continues its rally to the upside, with price action showing weakness on the daily and hourly time frames. Chart Analysis USD 15-Minute Time Frame On November 11, 2024, the Dollar Index increased by 0.50%, currently trending upwards within a channel. The price might face strong rejection at the 105.77 level, […]
Overall Analysis USD/CHF in an uptrend with strong channel support; the pair stays strong on the daily time frame. USD/JPY breakout of the distribution zone; breaking the halt zone will decide the direction. USD/CHF Chart Analysis 15 min time frame On the 11th Nov 2024, the pair kept its rally strong towards the upside with […]
Overall Analysis Bitcoin made an all-time high of $81,751, continuing its rally for six consecutive trading sessions. Trump’s win has fueled Bitcoin’s rise. Ethereum successfully closed above a major resistance level, and the rally seems poised to continue upward. Bitcoin Chart Analysis BTC/USD 15-Minute Time Frame On the November 10, 2024 trading session, Bitcoin surged […]
Tesla’s stock has recently surged, reflecting a renewed synergy between CEO Elon Musk and President-elect Trump. The company’s valuation exceeded $1 trillion for the first time in over two years. Shares of the electric vehicle (EV) giant rose by 8.2% to $321.22. This rally was fueled by Musk’s endorsement of Trump’s campaign and expectations of […]
SoftBank Group should report a quarterly profit of around 287 billion yen ($1.87 billion), marking a significant rebound from its 931 billion yen loss during the same period last year. Favorable portfolio company listings and the strengthening yen against the dollar have largely driven this turnaround, boosting SoftBank’s stock price. MST analyst David Gibson forecasts […]
Overall Analysis EUR/USD: After breaking the upward channel, the pair continues to fall but is now facing support at the 1.06839 level. EUR/GBP: The pair failed to sustain higher levels. The price fell sharply and is currently near intraday resistance. EUR/USD Chart Analysis EUR/USD 15-Minute Chart (Source: TradingView) On the 8th of November 2024 trading […]
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and a tight zone continue. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 7th November 2024 trading session, oil can be seen highly volatile […]
In Airbnb’s financial results for the third quarter, the company showed mixed performance as they slightly beat the expectations of the top line with a report of $3.73 billion. It is a little more than the predicted $3.72 billion, but nevertheless, they were over the profit forecasts with a profit of only $2.13 per share […]