Day: July 22, 2024

JPMorgan Chase & Co.’s Q2 2024 report exceeded both expectations and competitors’ financial performance, driving the value of the bank’s shares to reach a new all-time high. Should we anticipate a further price increase? The largest US bank, JPMorgan Chase & Co. (NYSE: JPM), released its Q2 2024 report, surpassing expectations. The investment community closely […]

The US 500 stock index has declined for three consecutive trading sessions, breaking through all the support levels. It is now difficult to determine whether this is the beginning of a global downtrend or just a correction. US 500 trading key points Recent data: US initial jobless claims reached 243,000 Economic indicators: a weakening employment […]

Brent crude oil prices experienced a decline of approximately 3% last week. Brent trading key points Current trend: a downward correction is underway as part of a long-term uptrend Market focus: geopolitical tensions in the Middle East are rising Price dynamics: bulls will probably attempt to reverse the price up at the current price level […]

After declining, the US dollar attempts to recoup its losses against the Swiss franc and restore its lost position. USDCHF trading key points M3 monetary aggregate: previously at 1,135.6B, currently at 1,138.1B USDCHF price targets: 0.8761 and 0.9000 Fundamental analysis The news landscape is scarce on Monday, 22 July 2024, with the USDCHF pair recovering […]

The EURUSD pair is consolidating. Investors need to assess crucial changes in the US political race. EURUSD trading key points The US dollar must evaluate political changes The odds of Trump’s victory support the USD EURUSD price targets: 1.0860, 1.0820, and 1.0777 Fundamental analysis The EURUSD pair stopped at 1.0888 on Monday. The market is […]