Author: FX
Breaking $135 opens the door to $163–$174 amid AI data-centre demand and institutional flows. Highlights NVDA cleared the 131.42–134.48 demand zone and closed at 135.32 on May 16. Volume-profile POC (115.43–126.48) now acts as strong support; VWAP remains bullish. Near-term targets: 139.42 (VAH), 142.47, then all-time high 153.13. Pullback entry zone: 131.42–134.48; stop-loss below 131.42 (or 126.48 for wider buffer). Key catalysts: May 28 Q1 earnings, AI data-centre capex updates, China export regulations. Technical Analysis Price Structure & Channels NVDA has re-entered its medium-term bullish channel after reclaiming 126.00, rallying from 102.50 to 135.32 in six weeks. Higher highs and…
Nicole Kidman champions gender equality at star-studded Cannes party Source link
Weekend – Bloomberg reporting that Binance and Kraken are said to have been targets of Coinbase-like hack attacks.The firms appear to have lost some customer data in the attacks. Reports are conflicting, though, with other reports noting that both platforms repelled the attacks ensuring no customer data was lost,BTC update, hourly candles: Later this year, ForexLive.com is evolving into investingLive.com, a new destination for intelligent market updates and smarter decision-making for investors and traders alike. Source link
Romanian centrist Dan on course to win presidency – exit poll Source link
A viral AI imageThe weekend started off with a bang as the US credit rating was downgraded by Moody’s late in the day. That will start things on a soft footing but a few developments afterwards also aren’t promising:1) Bessent’s reaction to the downgradeWhen he campaigned for the job of Treasury Secretary, Scott Bessent repeatedly highlighted the poor US fiscal trajectory as his defining reason for taking the jobs. Something about politics seems to have changed that. In an interview today he said he wouldn’t put much creedence in Moody’s. He also said that GDP growth will outrun the deficit,…
Israel declares start of Gaza ground operations, no progress seen in talks Source link
The PA Adaptive MACD is a modified version of the traditional MACD, designed to be more responsive to real-time price behavior. Instead of using fixed periods, it adapts its settings based on the pace and direction of the market. This makes it better at tracking momentum and detecting early signs of trend changes. It’s especially helpful during high volatility when other indicators might become unreliable. The indicator plots adaptive MACD lines and signal lines, making it easier to interpret trends without second-guessing. Why Is Adaptability Important in Trading Markets are constantly changing—sometimes they move fast, other times they’re stuck in…
The Pivot Star MT4 Indicator is a simple yet powerful tool that shows pivot levels directly on your chart. These levels act like guideposts, helping traders see where price might reverse or continue. It uses past price data to calculate support and resistance zones, offering a clearer view of the market’s possible turning points. It’s great for day traders, swing traders, and even those who just want a second opinion on trend direction. How It Helps With Trading Decisions This indicator takes the guesswork out of planning trades. When price approaches a pivot level, traders can decide whether to buy,…
Mexican Navy sailing ship crashes into Brooklyn Bridge, 19 injured Source link
The UK Times (gated) interview with Prime Minister Starmer. From the report (bolding is mine):The prime minister is expected to announce broad plans for a youth mobility deal on Monday as part of a wider agreement with the European UnionThe deal will bring Britain into the closest alignment with the EU since Brexit and will cover trade, agriculture, security and defence. Starmer said that the deal, to be announced at a meeting at Lancaster House in London, would be a “really significant moment”. He added that the effects would be “measured in the pockets of working people” in the form…