Advance-Decline Line Index Explained: Formula, Examples, and Trading Implications
The advance/decline line (A/D) is a valuable technical indicator for analyzing the stock market. The A/D line indicator is used to analyze the overall stock market and indexes, enabling traders…
US assured Lebanon that Israel would ease Beirut strikes, Lebanese prime minister says
BEIRUT (Reuters) – U.S. officials assured Lebanon that Israel would tamp down its strikes on Beirut and its southern suburbs, Lebanon’s caretaker prime minister Najib Mikati said on Tuesday. “During…
EURJPY Forecast & Predictions for 2024, 2025–2026 and Beyond
The EURJPY currency pair is a magnet for traders due to its intriguing volatility. It represents a blend of two significant world economies – the EU and Japan – and…
China stimulus improves risk/reward basis for industrial metals
Investing.com – The market became increasingly bearish on industrial metals during the third quarter, according to UBS, but US rate cuts and the coordinated stimulus by China in October have…
Oil prices slump on Chinese demand concerns, Israel-Iran report
Investing.com — Oil prices fell sharply Tuesday, extending recent losses amid growing concerns over a demand slowdown, while a report suggesting that Israel will not attack Iranian oil facilities also…
The Ethics of Short Selling and Its Role in Market Stability 🧐📉
Short selling. It’s the financial world’s dirty little secret, right? Or is it? Depending on who you ask, short selling is either a predatory practice that preys on struggling companies…
Dollar steady near two-month high as markets weigh policy outlook
By Samuel Indyk and Ankur Banerjee LONDON (Reuters) -The U.S. dollar was perched near it highest in more than two months against major currencies on Tuesday, spurred by wagers the…
Platinum range-bound despite undersupplied market, UBS says
Investing.com — Platinum prices have remained locked within a relatively narrow range despite ongoing market deficits, as per strategists at UBS. Over the past three years, the precious metal has…
Russia seeks over $1 billion in damages from Shell, report says
MOSCOW (Reuters) – The Russian General Prosecutor’s office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell (LON:SHEL), the RIA news…
Scarcity of Bears on Gold. Forecast as of 15.10.2024
The pullback in the gold price proved to be less pronounced than expected. The precious metal held above $2600 per ounce and then returned to its initial level. The question…