Trades between swing areas as the trading week moves toward the close. |
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2024-02-08
The USDCAD based at its 200 hour MA earlier in the day at 1.34488 and extended above the key 200 day MA in the process. However, that break is now failing tilting the up-and down volatility back to the downside.
2024-02-07
Join us in today’s Market Outlook brought to you by @Exness . We’re diving into the AMD stock’s recent journey, which, after hitting the 180 mark, has seen a slight pullback to its breakout level. The potential for AMD to climb towards the 200-210 range is on the horizon, especially if we notice any significant movements between the 165 and 170 levels. With a bullish outlook on chip stocks and AMD leading the pack with promising EPS guidance, the stage is set for interesting developments. This week’s economic calendar is light on major announcements, directing our focus to the earnings releases from major US corporations like LLY, DIS, and more. Stay tuned for insightful analysis and updates.
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2024-02-06
The USD is trading in an up and down pattern today.
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