Daily Open: The downward trend won’t hinder AI investments
Market Movements in AI Stocks On Monday, there was a noticeable surge in interest from investors towards artificial intelligence stocks in the U.S. For instance, shares of Nvidia experienced a 5.8% increase, while Broadcom saw a rise of 2.6%. Microsoft, on the other hand, gained 1.9%, finally breaking an eight-day losing streak—the longest it has […]
Yen surge prospects diminish as banks adjust forecasts downward
Yen’s Recent Rebound Faces Challenges Optimism around the yen’s recent rebound seems to be dwindling quickly. Major banks are scaling back their earnings forecasts, while investors have tempered their expectations for an early interest rate increase from the Bank of Japan. On top of that, fiscal concerns tied to Prime Minister Sanae Takaichi are adding […]
EUR/USD Review: Strengthening Downward Correction
Created on November 4, 2025 Today’s EUR/USD analysis summary Overall trend: Bearish Support levels for EUR/USD today: 1.1480 – 1.1410 – 1.1350 Resistance levels today: 1.1600 – 1.1680 – 1.1770 EUR/USD trading signals: Buy EUR/USD from the 1.1440 support level with a target of 1.1700 and a stop loss of 1.1370. Sell EUR/USD from the […]
GBP/USD returns to downward trend as Fed rate cut strengthens Dollar
GBP/USD Declines Amid Fed Rate Cut The GBP/USD exchange rate saw a notable drop during the US market session on Wednesday, reaching the 200-day exponential moving average (EMA), which indicates a deeper bearish trend for Cable. It’s striking that the GBP/USD pair has closed lower in eight out of the last nine trading days, with […]
Chainlink Sellers Display Power, Yet $16 Support May Reverse the Downward Trend
Chainlink Technical Outlook In the latest update on Chainlink, CryptoWzrd observed that the token is showing bearish signs and is currently testing the daily support level at $16.00. He’s planning to keep an eye on the intraday chart for potential quick trading opportunities, especially if LINK breaks above $16.80, which he sees as a positive […]
U.S. Economy Gains Only 22,000 Jobs in August—June Figures Adjusted Downward to Show Losses
U.S. Job Market Shows Mixed Signals in August The latest report from the Labor Bureau reveals that the U.S. economy added 22,000 jobs in August, while the unemployment rate ticked up to 4.3%. This news arrives amid growing skepticism regarding the accuracy of monthly employment figures and ongoing critiques of the Federal Reserve, especially as […]
EUR/GBP moves downward as Bank of England rate cut approaches
The EUR/GBP saw selling pressure on Monday, lingering just above the psychological level of 0.8700, with a rise of over 0.20%. Traders are adjusting positions ahead of the Bank of England’s monetary policy meeting set for Thursday, August 7th. The UK’s economic forecast is being challenged by tax increases, declining consumer demand, and a weakening […]
U.S. created only 73,000 jobs in July, with earlier figures adjusted downward.
US Job Growth Slows in July Amid Rising Unemployment The pace of non-farm job growth in the US fell below expectations in July, with unemployment rates increasing and indications of potential challenges in the labor market. Employment added only 73,000 jobs for the month, which is an improvement over the 14,000 jobs added in June, […]
GBP/USD Price Outlook: Stays above 1.3400 even with a continued downward trend
GBP/USD Update GBP/USD might find initial support at 1.3365, reaching a two-month low. The 14-day relative strength index has dipped below 50, which strengthens the bearish outlook. Key resistance seems to be around the 1.3460 area, near the 9-day EMA. The GBP/USD pair is trading near 1.3420 during Asian trading hours on Monday, showing a […]
Gold prices experience slight downward pressure beneath recent highs; optimistic outlook persists.
Gold Prices Rise Amid Trade Tensions Gold prices are expected to reach a new multi-week high on Monday, driven by increased demand for safe-haven assets due to escalating trade tensions. The ongoing decrease in expectations for Federal Reserve interest rate cuts is providing support for the USD, which could limit the growth of non-dollar assets […]