US equities finish off another solid month with gains. Value leads | Forexlive

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July was a strong month for US equities that closed out with some modest gains: S&P 500 +0.2% Nasdaq Comp +0.2% DJIA +0.3% Russell 2000 +1.0% On the month: S&P 500 +3.1 Nasdaq Comp +4.0% DJIA +3.35% Russell 2000 +6.0% Value is playing some catch-up and the Russell 2000 climbed over 2000 and is threatening […]

$CVS: CVS Health Corporation Trading within Bullish Triangle

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Share: CVS Health Corporation is an US American healthcare company. Founded in 1963 and headquartered in Woonsocket, Rhode Island, USA, it is a part of S&P100 and S&P500 indices. Investors can trade it under the ticker $CVS at New York Stock Exchange. CVS Health owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, […]

The Role of Artificial Intelligence and Machine Learning in Forex Solutions

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The integration of artificial intelligence (AI) and machine learning (ML) in forex business-to-business (B2B) solutions has been one of the most significant recent breakthroughs in the forex market. With superior skills in data analysis, pattern recognition, and decision-making, AI and ML technologies have completely changed how forex B2B firms function.  The role of AI and […]

S&P 500, Nasdaq Outlook: US Stocks Embrace Potential ‘Soft Landing’

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US Stocks Analysis (S&P 500, Nasdaq 100) ‘Soft landing’ narrative returns as equities are set to rise in July S&P 500 nearing swing high – less than 5% away from all-time-high Nasdaq eyes bullish continuation ahead of Apple, Amazon earnings The analysis in this article makes use of chart patterns and key support and resistance […]

Mexico’s ‘super peso’ puts squeeze on US remittances By Reuters

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5/5 © Reuters. FILE PHOTO: Boards displaying the exchange rate of the Mexican peso against the U.S. dollar are pictured outside exchange houses in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo 2/5 By Lizbeth Diaz and Noe Torres TLAXCALA, Mexico (Reuters) – Mexican mother-of-two Adriana Sanchez frets the $300 or so a […]

Yen at three-week low after BoJ shift but eyes monthly gain By Reuters

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© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Rae Wee and Alun John SINGAPORE (Reuters) – The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its […]

SNB total sight deposits w.e. 28 July CHF 490.1 bn vs CHF 489.3 bn prior | Forexlive

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Domestic sight deposits CHF 479.3 bn vs CHF 478.5 bn prior After the banking crisis towards the end of Q1, SNB sight deposits have pretty much resumed the downwards trend as the central bank continues to make sure its policy settings is being transmitted accordingly. A look at the graph: Source link

413: The Reality of Profitable Full-Time Trading – Brent Penfold

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Listen to the audio episode: The Reality of Profitable Full-Time Trading – Brent Penfold In episode 413 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Brent Penfold, discussing the reality of profitable full-time trading. Are you on the verge of losing capital? You’re about to hear […]

BoJ report: Japan’s core consumer inflation likely to gradually slow toward year-end

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Share: In a full version of its quarterly outlook report, the Bank of Japan (BoJ) said that “Japan’s core consumer inflation is likely to gradually slow toward year-end.” Additional takeaways Inflation likely to accelerate thereafter, though uncertainty on outlook. Uncertainty on overseas economic outlook very high with risks skewed to downside. Must be […]

All eyes on China with subdued PMI and more stimulus measures: US dollar, Hang Seng Tech Index, AUD/USD

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Market Recap Another downside surprise in US core Personal Consumption Expenditures (PCE) price index paves the way for Wall Street to resume its rally last Friday (DJIA +0.50%; S&P 500 +0.99%; Nasdaq +1.90%) as promising inflation progress reaffirmed market expectations for a Fed rate pause. The core PCE index for June registered a 4.1% year-on-year […]

Review of trades of the Owl Smart Levels strategy for the week from July 24 to 28, 2023

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Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from July 24 to 28, 2023. There were open in total 8 trades on all three currency pairs. For convenience and timely receipt of signals I use the Owl […]