Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Diebold Nixdorf (NYSE:DBD) has been added to the S&P SmallCap 600, S&P Composite 1500, S&P 1000, and S&P 600 Information Technology indices. The index changes…
EUR/GBP stayed in range trading below 0.8740 last week and outlook is unchanged. Initial bias stays neutral this week first. Further rise is mildly in favor as long as 0.8675 support holds. Break of 0.8740 will resume the rebound from 0.8610 to 0.8788 resistance. However, firm break of 0.8675 will turn bias back to the…
EUR/JPY’s strong rally last week and breach of 186.86 high suggests that long term up trend is resuming. Initial bias remains on the upside this week. Next near term target is 161.8% projection of 180.78 to 184.75 from 182.56 at 188.98. On the downside, below 185.88 minor support will turn intraday bias neutral first. But…
USD/CAD’s pullback from 1.3965 extended lower last week but downside is contained above 38.2% retracement of 1.3840 to 1.3965 at 1.3780. Initial bias stays neutral and further rise remains in favor. On the upside, firm break of 1.3965 will resume the rise from 1.3480. However, sustained break of 1.3780 will argue that the rebound from…
Attention is firmly on Islamabad as the United States and Iran begin their first high-level talks since the onset of war, with markets looking for signs of a breakthrough that could evolve into a broader Islamabad Accord. The outcome would be as a defining moment for energy markets, inflation, and global risk sentiment, with delegations…
USD/CHF extended the pullback from 0.8041 short term top, but failed to sustain below 0.7877 cluster support (38.2% retracement of 0.7603 to 0.8041 at 0.7874). With 4H MACD crossed above signal line, initial bias is turned neutral first. On the downside, sustained trading below 0.7874/7 will argue that the rise from 0.7603 has completed, and…
USD/JPY stayed in consolidations below 160.45 short term top last week and outlook is unchanged. Initial bias remains neutral first and further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) intact. On the upside break of 160.45 will target a retest on 161.94 high. However, firm break of…
EUR/USD’s extended rebound last week suggests that correction from 1.2081 has already completed at 1.1408. Initial bias stays on the upside this week for 61.8% retracement of 1.2081 to 1.1408 at 1.1824. Decisive break there will pave the way to retest 1.2081 high. On the downside, below 1.1642 minor support will turn intraday bias neutral…
AUD/USD’s strong rebound last week suggests that pullback from 0.7187 has completed at 0.6832 already. Initial bias stays mildly on upside this week for retesting 0.7187. Strong resistance could be seen there to bring another fall to extend the near term corrective pattern. On the downside, below 0.7021 minor support will turn intraday bias neutral…
Today, we will take a look at Forex Trading on NZDCAD, the NASDAQ, the DAX40, WTI and Brent Crude Oil, Silver XAGUSD, and Gold XAUUSD. The Iran War ceasefire caused a big jump in the price of precious metals. We saw a pullback, but price action is still moving higher. The most obvious reason is…