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1080 items found for "support and res"

  • USD/JPY analysis: Volatility, resistance levels, and swap benefits

    necessary momentum to break through this resistance. At the moment, the ¥150 level is viewed as a temporary support level in the market, partly because the EMAs are commonly used indicators in trading that help identify the trend direction and potential support or resistance levels. The proximity of the 50-day EMA to ¥150 lends credence to its role as a support level.

  • Bitcoin nears record high amid optimism and market shifts

    This revision underscores the strong belief in Bitcoin's potential to achieve new heights given the supportive more accommodative stance, which would be supportive of asset prices, including Bitcoin. policy, potentially lowering interest rates to support the economy. Such a move would likely be supportive of higher asset prices, including Bitcoin, as lower interest rates The analysts' confidence is also supported by the growing acceptance of Bitcoin as a mainstream asset

  • Jack Ma's return to Alibaba: A memo signaling renewed engagement and market impact

    His expressed support for the ongoing restructuring within Alibaba is an essential aspect of this communication This uptick in Alibaba's share price reflects the market's optimistic response to Ma's re-engagement This restructuring was the most extensive in the company's history, representing a major strategic shift However, this period following the restructuring announcement has been fraught with challenges for Alibaba He emphasized that the company's recent restructuring into six divisions has made a positive impact,

  • Strong US jobs report boosts Dollar, weighs on GBP/USD

    Reserve, which could support the dollar and weigh on the pound. to support the economy amid signs of slowing growth. to domestic economic challenges and to support growth. Two members of the nine-member committee, who previously supported rate hikes, have now resigned from The technical support level around 1.25 is a critical point for the GBP/USD pair.

  • Gold prices drop amid inflation report; Long-term outlook positive

    supporting gold's performance. The speculation revolves around the idea that the Fed could lower rates to support economic growth amid The data released on Friday has provided some support for those advocating for a rate reduction, but Support for gold is seen at $2,340 per ounce, with the next level at $2,300, while resistance is around Gold prices have shown resilience despite short-term fluctuations, supported by ongoing economic uncertainties

  • Gold market: Analyzing factors behind recent fluctuations and future projections

    The decision was made as the price of gold fell due to the Federal Reserve's reluctance to quickly begin Assumptions take into account several factors that could support gold prices. Additionally, strong demand from China and stable purchasing activity in the physical market are cited as key support Therefore, it would not be surprising if the trend of the yellow metal fell towards support at $2005– 2014," the report reads.

  • Monzo reports first annual profit, eyes European expansion!

    The establishment of an office in Ireland is a strategic move to support this international expansion capital to support its growth ambitions. This involvement highlights Anil's commitment to supporting the broader fintech ecosystem and promoting Monzo is planning to re-enter the US market after being told by regulators in 2021 that securing a banking The current results underscore Monzo's resilience and successful adaptation to changing market conditions

  • Oil prices rebound on U.S. growth optimism and Middle East tensions

    Reserve to reduce interest rates. This scenario supports a cautious approach to monetary policy, given the still uncertain economic recovery from the Federal Reserve. Middle East providing substantial support to oil prices. this, the direct impact on oil production and exports has been limited, suggesting that current price supports

  • Dutch government's €2.5 billion investment to retain ASML !

    infrastructure and education, in response to ASML Holding NV's considerations of expanding outside the This significant financial investment demonstrates the government's determination to support the growth This is a strategic maneuver to reassure the company of the government's support and to incentivize its It is a gesture of goodwill and a promise of sustained partnership and support from the government to preference to expand primarily within the Netherlands, conditional on supportive business environments

  • EUR/USD outlook: Bearish trends and Market reactions

    On Friday, the EUR/USD exchange rate managed to stay above the $1.0652 support level, but its future The EUR/USD rate has consistently found support at approximately $1.06, and its quick bounce back to Federal Reserve. The market appears to be disregarding the hawkish comments made by the U.S. Federal Reserve, with investors opting to wait for the Fed's rate decision in June. holds true, it could lend support to the Euro against the Dollar in the near future.

  • Forex trading mirage: Recognizing illusions in market trends

    the Mirage's roots, is a psychological tendency that leads individuals to seek out information that supports This bias can lead to the mistaking of short-term fluctuations for enduring trends, resulting in hasty combat this Mirage, traders should seek a comprehensive view of historical data, acknowledging both supporting traders can develop strategies that are grounded in solid analysis, adaptable to market dynamics, and resilient In the end, navigating through the Mirage demands a fusion of critical thinking, emotional resilience

  • Oil prices rebound amid positive economic signals from China and US

    These gains reflect growing confidence in the market as investors respond to signals of rising demand Real estate is another key driver of economic activity and energy consumption, and efforts to support attack on oil infrastructure in Russia support higher prices. Additionally, anticipated economic stimulus measures from China are expected to boost demand further, supporting Easing monetary policy can spur economic activity, leading to higher energy consumption and supporting

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