Leverage Fibonacci Retracements for Smarter Trading
Fibonacci Retracements are a powerful tool in technical analysis that traders use to predict future price movements. By understanding Fibonacci levels, traders can identify potential support and resistance areas in…
Oil slips on demand concerns, prospect of OPEC+ hike
By Arunima Kumar (Reuters) – Oil prices steadied on Friday on track for a weekly gain as Libyan output disruptions and Iraqi plans to curb production raised supply concerns, while…
US tests for bird flu in California dairy cattle
CHICAGO (Reuters) – The U.S. Department of Agriculture is testing to confirm possible cases of bird flu in dairy cattle in California, the nation’s biggest milk-producing state, USDA said on…
Mastercard Backs PayU’s Launch of New Cross-Border Payment Solutions
Netherlands-based payment service provider for online merchants PayU has teamed up with Mastercard to introduce new cross-border issuer authentication solutions. The new service promises to enhance global payments by offering…
Further pressure on the US dollar is likely: UBS
Investing.com — The US dollar is expected to face increasing downward pressure in the coming months, despite a recent boost from stronger-than-anticipated economic data. As per analysts at UBS, the…
OPEC+ likely to proceed with planned output hike from October, sources say
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW (Reuters) – OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts…
Oil prices largely unchanged; set for August losses
Investing.com– Oil prices steadied Friday amid persistent concerns over tighter supplies in Libya and Iraq, but were still nursing losses for August as traders feared a looming slowdown in demand. …
Admirals Group Cuts Operating Expenses by 9% and Improves Net Loss in H1
In the first half of 2024, Admirals Group AS reported increased trading revenues and positive EBITDA despite low market volatility. The Group’s net trading income rose by 4% to EUR…
XAUUSD: Elliott wave analysis and forecast for 30.08.24 – 06.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2471.10 with a growth target of 2600.00 – 2700.00.…
IBM Stock Forecast & Price Prediction for 2024, 2025-2026 and Beyond
International Business Machines Corporation or IBM is a global leader in the development of hardware and software, as well as a provider of consulting and IT services. The company has…