Technical Analysis and Outlook:The S&P 500 Index has displayed consistent upward momentum during the current week’s trading session, progressively advancing to higher levels following the completion of the Outer Index Rally at 7,311. Looking ahead to the trading sessions, projections indicate that the Index is well-positioned to continue its upward trajectory, with the next target…
The bulls had their moment — a violent push to 1.08 left the bears scrambling. But the euphoria didn’t last long. Now price is slowly being strangled inside a descending wedge, each rally weaker than the last, each high lower than the one before. The smart money is quietly fading every bounce.1.0429 is the line…
A few days ago, I told you insider selling was a trap. This week, the Chairman of GE Healthcare showed you the trade that isn’t. Larry Culp committed $5 million of his personal money to GE Healthcare (GEHC) stock on Tuesday, buying 80,805 shares at an average price of $61.88. The buy increased his direct…
The AUDUSD fell sharply yesterday, breaking back below a key ceiling/floor zone between 0.7221 and 0.7227. That bearish break helped push the pair down toward the next swing area support between 0.7193 and 0.7200. In early Asian-Pacific trading, buyers leaned against that support zone for several hours, helping stabilize the price before the pair rotated…
Soon after the better-than-expected US jobs report in the worse than expected Canadian jobs report, I posted the following brief commentary and chart: The key resistance zone overhead was defined by the 38.2% retracement level, the swing area between 1.37089 and 1.37149, and the 100-day moving average near 1.3720. The price pushed higher into that…
Bitcoin holds above key support as institutional demand continues supporting broader recovery. Inflation data and Fed signals remain critical for Bitcoin’s next major price move. A break above $82,700 could open the path toward higher Bitcoin resistance targets near $87,000. ’s recent rise shows that investors are looking for strong liquidity and fresh money flowing…
The USD moved briefly higher following the better-than-expected U.S. jobs report, but the broader market reaction has since turned more risk-positive than dollar-supportive. Nonfarm payrolls rose by 115K versus expectations of 62K, while the unemployment rate held steady at 4.3% as expected. Average hourly earnings increased 0.2% month-over-month and 3.6% year-over-year — a mixed outcome…
As the price fails to make an upside push, on-chain data paints a bearish picture. Notably, network activity has collapsed 85% in just two years. The XRP rally from late 2024 is now showing signs of cooling down, at least from an on-chain perspective. New blockchain data suggests that activity across the XRP network has…
The US jobs report is expected to show a meaningful slowdown in hiring momentum, but not enough deterioration to immediately force the Fed into an easing cycle. Consensus forecasts call for headline nonfarm payrolls to rise by 62K, down sharply from 178K last month, while private payrolls are expected at 75K versus 186K previously. The…
For most of the last seven years, Boeing (BA) has been the stock most traders stopped looking at. Two 737 MAX crashes in 2018 and 2019 grounded the entire fleet, and COVID hit the airline industry harder than any other sector. The Spirit acquisition turned into a manufacturing nightmare, and quality control problems made headlines…
End of content
End of content