EURUSD, “Euro vs US Dollar” The pair has reached the local goal of correction at 0.9930 and a correction to 0.9986. Today a link of decline is likely to develop to 0.9820, followed by possible growth to 0.9986. After this level is reach, a wide consolidation range might form. GBPUSD, “Great Britain Pound vs US […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI have bounced off the support line. Currently, we should expect a test of 2/8 (1.0009), a breakaway of it, and growth to the resistance level of 3/8 (1.0131). The scenario can […]
Stocks ended the final day of the month on a down note Monday, but still saw the Dow Jones Industrial Average log one of its strongest monthly performances of all time and its biggest October gain on record as investors await the outcome of this week’s Federal Reserve meeting for clues to the size of […]
The Dow Jones Industrial Average remained lower in Monday’s last hour of trading, though still on track for its best October ever. Dow industrials DJIA, -0.39% were down by 0.5%, but up 13.9% for the month. Meanwhile, the S&P 500 SPX, -0.75% and Nasdaq Composite COMP, -1.03% were down 0.8% and 1.1%, respectively, as investors […]
Gold futures fell on Monday to tally a third decline in a row, contributing to a loss for the month of October — the precious metal’s seventh consecutive monthly decline. Some investors remain skeptical about the Federal Reserve potentially pivoting to a more dovish stance on Wednesday, said Fawad Razaqzada, market analyst at City Index […]
Xcel Energy Inc. XEL, -0.40% said Monday that it will retire coal operations at its Tolk Generating Station in Texas in 2028, more than four years earlier than expected. The Minneapolis-based electricity generation and transmission company said it expects the retiring of coal at Tolk earlier than planned will save customers in Texas and New […]