European gas markets on the edge ahead of winter season
Natural gas prices have risen significantly in recent weeks as the market braces itself for winter. Colder temperatures, but also a high use of gas-fired power generation, have led to…
Why does Saudi Arabia’s sovereign wealth fund continue to sell its stake in Nintendo?
Saudi Arabia’s Public Investment Fund (PIF) has further reduced its holding in Nintendo Co., signalling a change in the investment strategy that initially aimed at capitalizing on the gaming industry.…
Oil and Natural Gas Analysis: High Volatility & Trends
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and…
Tesla Stock Hits $1T Market Cap as Musk Backs Trump Return
Tesla’s stock has recently surged, reflecting a renewed synergy between CEO Elon Musk and President-elect Trump. The company’s valuation exceeded $1 trillion for the first time in over two years.…
SoftBank Stock Reports $1.87B Profit Boosted by AI
SoftBank Group should report a quarterly profit of around 287 billion yen ($1.87 billion), marking a significant rebound from its 931 billion yen loss during the same period last year.…
EUR/USD & EUR/GBP: Key Support Levels Under Pressure
Overall Analysis EUR/USD: After breaking the upward channel, the pair continues to fall but is now facing support at the 1.06839 level. EUR/GBP: The pair failed to sustain higher levels.…
Bitcoin Hits $88,000 All-Time High, Ethereum Surges 5.91%
Overall Analysis Bitcoin’s sharp rally towards the $88,398 level has sent the crypto market sky-high after the US election results. Ethereum surged by +5.91% on November 11th, currently testing a…
Oil and Natural Gas Analysis: Price Decline Continues
Overall Analysis Oil tanked more then -1.98% on Friday’s trading session, broke major supporting trendline and sustained below it. Natural Gas down by almost -1%, breaking the supporting trendline, currently…
Dollar Index Analysis: Strong Uptrend Faces Resistance Level
Overall Analysis The Dollar Index continues its rally to the upside, with price action showing weakness on the daily and hourly time frames. Chart Analysis USD 15-Minute Time Frame On…
USD/CHF in a strong up trend; USD/JPY breaks out of the zone
Overall Analysis USD/CHF in an uptrend with strong channel support; the pair stays strong on the daily time frame. USD/JPY breakout of the distribution zone; breaking the halt zone will…