| Updated: November 9, 2023
The BTC/USD fell sharply from 12,416 level to the support level of 11,669. The support level is extended by an upward trendline on the 4-hour timeframe, but the MACD has crossed below 0, suggesting odds of bearish trend continuation. Checkout bitcoin analysis video to learn more about potential trade setup.
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Market observations for October 27th, Stocks to watch The DJIA reached a new record hi yesterday, up to 35756.88, with a 0.04% gain, the S&P furthered with a .18% gain and the Nasdaq added .06% to its market value. The extremely favorable corporate results on the earnings releases are a logical […]
Commodity Market: WTI Crude Oil falls over 2% as investors take profits, OPEC+ meeting in focus Futures on US West Texas Intermediate Crude Oil retreated more than 2% on Thursday, as investors took profits following a recent rally, while speculation emerged that Saudi Arabia might step up oil production in response to calls from the […]
Hewlett-Packard Co.’s share price down, announces up to 16 000 additional lay-offs in an attempt to restructure the company Under the lead of its current Chief Executive Officer Mrs. Meg Whitman, Hewlett-Packard Co. has decided to cut more cobs in an attempt to turn back the company to profit in the conditions of a highly-competitive technology environment. The […]
Lockheed Martin shares gain the most in seven weeks on Friday, company receives $5.6 billion as an interim payment for its F-35 program According to a July 7th statement by the US Department of Defense, Lockheed Martin Corporation (LMT) received an interim payment of $5.6 billion in order to fund the 11th set of 141 F-35 aircraft, which are to be supplied to the United […]
USD/INR: Rupee falls as US bond yields hit 16-year highs The USD/INR currency pair firmed on Tuesday, as a surge in US Treasury yields underpinned the US Dollar.The Rupee retreated alongside other Asian currencies, with the South Korean Won leading losses.A combination of resilient macro […]
Airbus Group NV’s share price down, loses a 16-billion-dollar deal with Emirates for A350 planes Airbus Group NV said in a statement today that its largest buyer of superjumbos from the A380 series – Emirates, cancelled its entire order for A350 aircraft, which amounted to 16 billion dollars at the time when the deal was negotiated and is […]