Tag: trading

January 10, 2024 BY Elizabeth Anderson

Boeing and Alaska Airline flight mistake causes share price to drop

This acknowledgment comes amid a significant drop in Boeing's stock, with a decline of 8% on Monday and an additional 1.5% on Tuesday, raising concerns among investors about potential business repercussions. The incident forced an emergency landing shortly after takeoff from Portland, Oregon. In response, the Federal Aviation Administration (FAA) ordered the temporary grounding of…

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January 08, 2024 BY Elizabeth Anderson

UK users being put to the test by cryptocurrency exchanges

Starting today, cryptocurrency investors will have to declare which type of investments they action and answer questions on a variety of financial services and regulations if they wish to keep on trading on these platforms. On this declaration, users must choose an investor profile, which is either high net-worth above £100,000, more than £250,000, or…

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Daily Market Commentary
December 08, 2021 BY Steffy Bogdanova

Weekly data: Cautious optimism on Brent holds

‘The likely scenario as of now seems to be a sideways trend over the next few weeks,’ said Michael Stark, an analyst at Exness: ‘There’s obviously very strong buying demand in the area around $65, while there’s no clear fundamental driver for the price to retest recent highs. Traders are now looking for significant confirmed…

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December 01, 2021 BY Steffy Bogdanova

Weekly data: ‘buying the dip’ ahead of the NFP

Even before large losses at the end of last week, it already seemed fairly unlikely that the cartel would significantly boost production. With most members seemingly content with prices of Brent around $75-85 and various countries including Japan having released their strategic reserves of crude, there had been no clear calls among OPEC for increasing…

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November 15, 2021 BY Steffy Bogdanova

Weekly data: focus on inflation continues

September and October’s large upward movement seemed to be somewhat excessive, with the consolidation ongoing, but more gains are likely based on TA. ¥90 is an important psychological area that might trigger a bounce, and the 50 SMA slightly above this could also function as a support. The 100 SMA seems to be about to…

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November 10, 2021 BY Steffy Bogdanova

Midweek data: focus on American inflation

Looking at the chart, a breakout in either direction still doesn’t seem especially likely. The double top around Mex$20.85 last month and earlier this month would usually be seen as a sell signal, but the main support around Mex$19.70 is also strong given that it has remained unbroken since February 2020 despite repeated testing since…

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