Technical Analysis
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USD/JPY Holds losses below 142.50, support appears at seven-month lows
USD/JPY could retest the seven-month low of 141.61, recorded on Thursday. If the 14-day Relative Strength Index falls below the…
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Netflix Shares Gain 4% on Strong Q1 2025 Earnings Report
Netflix (NFLX.US) reported first-quarter results that beat expectations on both revenue and earnings per share. The results show that despite economic…
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EUR/USD Gathers strength above 1.1350, bullish bias remains
EUR/USD gathers strength to near 1.1370 in Friday’s early European session. The constructive view of the pair prevails above the…
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Mexican Peso surges as Trump-Sheinbaum call eases trade tensions
Mexican Peso soars as USD/MXN drops 1.14% amid weaker US Dollar. Trump and Sheinbaum describe call as “very productive,” boosting…
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Australian Dollar holds losses as trading remains silent on Good Friday
The Australian Dollar moves little as trading activity remains subdued due to the Good Friday holiday. Trump struck an optimistic…
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Trade of The Day – GBP/JPY
Facts:The price broke below the support at 188.32GBPJPY sits below 100-period moving average from H1 intervalHead and shoulders pattern can…
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EUR/USD declines as ECB cuts interest rates, guides grim outlook
EUR/USD slides to near 1.1340 as the ECB reduces its key borrowing rates by 25 bps, as expected. The ECB…
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A Mixed Open For U.S. Markets
The American stock market opens in mixed moods. Uncertainty in the market persists, and that doesn’t sit well with the…
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Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron
Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron, which demonstrated effectiveness comparable to injectable treatments in a recent clinical…
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Stock of The Week – ASML
ASML Holding (ASML.NL) shares faced significant pressure following its first-quarter earnings report, as the world’s dominant lithography equipment supplier navigates…
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