US Equities bounced back again in the past two days, while the S&P500 recovered all of its declines after holding well above its 50-day MA for the fifth time this year.
Daily Market Analysis
Gold declined back for the past few days after reaching ~$1830/Oz last week, while our medium-term positions remain in profit since our signal to buy at $1770 and $1780 two weeks ago.
EV’s market is going to explode in the 2020s By the end of 2020, there were 10 million electric cars registered in the world…
What is happening? The British pound lost his positions comparing to the US dollar, Euro, and other haven assets at the beginning of this week, because of the global markets sale…
Coca-Cola, the US beverage giant, will reveal its earnings results for the second quarter on July 21 before the stock market opens (16:30 GMT+3).
Global equities took a notable hit on Monday due to the new fears regarding the Covid19 delta variant, which is spreading around the world once again.
Crude Oil began this week sharply lower after last week’s dramatic move due to OPEC+ drama which ended right before the opening bell of this week.
What is happening? On Monday, July 19th, gold traded lower as the rising numbers of coronavirus cases drove investors to move their savings into safe-haven assets such as the US dollar and Treasuries…
What is happening? Since the market crash in March 2020, Nvidia gained 350% and reached an incredible $835 per share…
What is happening? During June 2021, the US dollar index has gained 2…
Crude Oil dropped sharply last week right from our selling zone mentioned in our weekly video between 75.50 and 76.60, Brent Crude declined to 72.20’s nearing our 72.14 target mentioned in our weekly video as well.
S&P500 Daily chart S&P500 has shown its weakness during the last two weeks and the historical data says the correction is not over yet…