Author: FX
Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and currently trades around the $65.75-$65.70 region, down over 1% for the day. The white metal, however, remains well within striking distance of the all-time peak touched the previous day, and the broader technical setup still seems tilted firmly in favor of bullish traders.The overnight breakout through a horizontal barrier near the $64.00 mark was seen as a key trigger for the XAG/USD bulls and validates the near-term positive outlook. The said handle now coincides with the 100-hour Simple Moving Average (SMA) pivotal support, which, in turn, should act…
AUD/USD recently busted through a descending trend line to signal a reversal from its downtrend. Are more buyers about to hop in on this pullback? Take a look at these correction levels on the 4-hour chart! AUD/USD 4-hour Forex Chart by TradingView The Aussie was on a steady climb throughout the last week of November to the first half of this month, mainly driven by hawkish RBA expectations and the dovish Fed narrative. However, the rally was cut short around the .6700 major psychological mark, forcing AUD/USD to retreat close to the 38.2% Fibonacci retracement level. Are any of the…
The Working Inside the Channel MT4 Indicator is designed to identify price channels on your chart. These channels show the upper and lower boundaries where price tends to move. Traders can see where the price is likely to reverse or continue its trend, making it easier to time entries and exits. It works on all timeframes and can be adjusted to fit different trading styles, whether short-term or long-term. Simplifying complex price movements into visible channels provides a clear visual guide that makes decision-making easier. Benefits of Using the Indicator One of the main advantages of this indicator is clarity.…
Dec. 17, 2025 6:00 PM ETACN, KMX, DRI, FCEL, FDS, TTC, ISSC, CTAS, UXIN, BIRKBy: Deepa Sarvaiya, SA News EditorMajor earnings expected before the bell on Thursday include: Accenture plc (ACN) FuelCell Energy (FCEL) Darden Restaurants (DRI) Cintas Corporation (CTAS) CarMax (KMX) Other earnings slated for release before Thursday’s open include: Source link
Key Technical & Fundamental TakeawaysRecord-Breaking Run: Silver has surged another 4.25% today, hitting a fresh all-time high of $66.88.The Fundamental Driver: A “perfect storm” of falling real rates, structural supply deficits, and booming industrial demand (EVs/Solar) is fueling the rally.The Trend: Silver is now up a staggering 130% year-to-date in 2025.The “Line in the Sand”: The bullish trend remains intact as long as price holds above the 100-hour moving average at $63.84.Reversal Risk: A break below the $62.70 trendline would signal a technical shift in favor of the sellers.Unstoppable Momentum: Silver Hits $66.42Silver is continuing its relentless run to the…
Gold (XAU/USD) rallies on Wednesday, edging up 0.87% following a mixed US jobs report on Tuesday, along with rising tensions of the US-Venezuela conflict and comments by Federal Reserve (Fed) Governor Christopher Waller. At the time of writing, XAU/USD trades at $4,338 after bouncing off daily highs of $4,349.Bullion rallies nearly 1% on rising geopolitical risks, expectations of prolonged Fed easingOn Tuesday, the latest Nonfarm Payrolls prints were mixed. October’s data showed that the economy slashed 105K people from the workforce, but November’s figures showed a creation of 64K job posts. Therefore, the Unemployment Rate shot up, from 4.4% to…
BlackRock, investor Dalio to help fund 'Trump accounts' Source link
Sector OverviewToday’s stock market heatmap reveals a mix of performances across different sectors, with particular focus on fluctuations within the technology and consumer cyclical spaces.📉 Technology Sector: The technology sector displays variegated movements. Notably, Oracle (ORCL) faces a significant drop of 2.82%, possibly driven by recent earnings or macroeconomic factors affecting tech valuations. Meanwhile, Microsoft (MSFT) shows modestly positive results with a 0.10% uptick.🚀 Consumer Cyclical Sector: Strength is evident here, led by Amazon (AMZN) with gains of 0.87%, reflecting solid consumer confidence. Electric vehicle giant Tesla (TSLA) also contributes with a 0.40% increase.🏦 Financial Sector: Financial entities present a…
The Euro (EUR) strengthens against the British Pound (GBP) on Wednesday, as softer-than-expected UK inflation data weigh on Sterling, while stable Eurozone inflation leaves the Euro relatively supported. At the time of writing, EUR/GBP is trading around 0.8785, reversing the previous day’s losses.Data published by the UK Office for National Statistics showed that the headline Consumer Price Index (CPI) fell 0.2% MoM in November, missing market expectations for a flat reading and reversing sharply from October’s 0.4% increase. On an annual basis, CPI slowed to 3.2% YoY, its lowest level in eight months, down from 3.6% previously and below forecasts…
Hyperscale Data, Inc. 13% CUM RED PFD declares $0.2708 dividend Source link