Archive for Tag: trading in forex

nzdcad technical analysis

NZDCAD Technical Analysis, Latest Price and Forecast

NZDCAD Technical Analysis: Weekly Chart In the weekly charts, NZDCAD was trading in a down channel. NZDCAD is currently trading below all SMA. RSI is in oversold zone which indicates bearishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.8178 & the resistance level is...

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Dollar Edges Lower; G7 Intervention Concerns Mount

USDJPY is trading up 0.30% at 128.182 The U.S. dollar edged lower in early European trade Thursday as the world’s key finance ministers meet, but remains elevated amid expectations for aggressive Federal Reserve monetary tightening. At 3:15 AM ET (0715 GMT), the Dollar Index, which tracks the greenback against...

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U.S. stock futures

U.S. Futures Rise Ahead of Fed as Russia Shifts Ground

NASDAQ 100is trading up 3.16% at 13458.56 U.S. stock futures traded higher ahead of the opening in New York on Wednesday, with a sharp turnaround in Chinese markets providing an upbeat start to a day that will be dominated by the Federal Reserve. By 7:15 AM ET (1115 GMT),...

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Forex Market Outlook

Forex Market Outlook – Aussie rises on strong GDP

AUD/USD is trading up 0.04% at 0.7276 Australia’s economy rebounded in the fourth quarter, with a gain of 3.4% QoQ, just shy of the consensus of 3.5%. This is an impressive turnaround from Q3, which came in at -1.9%. The primary driver of the robust reading was consumer spending,...

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Vodafone and Deutsche Telekom’s all-you-can-watch deals violate EU rules – court

Vodafone is trading down 0.30% at 121.90 All-you-can-watch video products offered by Vodafone (NASDAQ:VOD)and Deutsche Telekom (OTC:DTEGY) in Germany violated regional rules on roaming and net neutrality, the European Union’s highest court ruled on Thursday. The landmark ruling deals a blow to popular mobile products such as Deutsche Telekom’s...

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Tesla Inches Closer to Entering India with Four Models Approved

Tesla (NASDAQ:TSLA)is trading up 2.67% at 730.91 Tesla (NASDAQ:TSLA)is closer to making its official debut in India after it received approval to make or import four models in the South Asian nation. Tesla has had its vehicles certified as being roadworthy in India, a posting on the website of...

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McDonald’s, others consider closing indoor seating amid Delta surge in U.S.

McDonald’s Corp (NYSE:MCD)is trading up 0.22% at 237.48 Some U.S. fast-food restaurants are closing indoor seating areas or limiting hours of operation because of the spread of the Delta variant of COVID-19, according to franchisees. McDonald’s Corp (NYSE:MCD)had temporarily closed indoor dining at nearly all U.S. locations in early...

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Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing

Boeing trading up 0.24% at 212.67 Boeing Co.has committed to invest in Richard Branson’s Virgin Orbit as part of the satellite-launching start-up’s planned $3.2 billion SPAC listing later this year, according to a person familiar with the matter. Virgin Orbit plans to list on the Nasdaq stock market...

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