Thursday, November 21, 2024
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J.J. Edwards

J.J Edwards is a finance expert with 15+ years in forex, hedge funds, trading systems, and market analysis.

DAX Closes Lower as Ukraine Conflict Intensifies

The DAX index lost its early gains and closed slightly below 19,100. This decline mirrored other European stock markets...

Gold Surges Above $2650 as Russia-Ukraine War Escalates

Gold prices exceeded the 38.2% Fibonacci level, trading at approximately $2,650, and are nearing the 50% Fibonacci level. This...

Gas Prices Near Year High as Cold Snap Threatens Europe

Prices for European natural gas futures approached €47 per megawatt-hour, reaching a peak not seen since November 2023. This...

Sharp Fall in Mining Prices Slows Russia’s PPI Growth

In September 2024, Russia experienced a significant decrease in producer price inflation, recording a 2.7% increase compared to last...

U.S. Gasoline Futures Hit Two-Week High at $2.05

Gasoline futures in the U.S. peaked at $2.05 per gallon, marking the highest price in two weeks. The market...

Argentina’s Trade Surplus Extends to Eleven Months

In October 2024, Argentina reported a trade surplus of $888 million, a turnaround from the $442 million deficit recorded...
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AI Market Watch Nvidia’s Crucial Earnings Report

U.S. stocks fell on Wednesday afternoon as investors awaited Nvidia's important earnings report, which many believe will affect the...

Silver Rally Halts at $31.4 Amid Solar Panel Surplus

FxNews—Silver prices eased to $30 per ounce as the Stochastic overbought signaled promised when the prices neared the October...

USDZAR Bulls Eye 18.4 Amid South Africa Rate Cut Speculation

The Johannesburg Stock Exchange (JSE) index rose by about 0.9%, closing at 85,275. This marked the fifth consecutive day...

USDMXN Surpasses 100-SMA – Eyes FVG Break for Uptrend

FxNews—As expected, the USD/MXN pair returned above the 20.22 mark. This increase in the Greenback's price was expected because...

GBPUSD Bear Market Continues Despite High UK Inflation

FxNews—The GBP/USD pair resumed its bearish trajectory after the prices neared the 50-period simple moving average, which is active...

EURUSD Downtrend Continues on ECB Warnings

FxNews—The EUR/USD restarted its bearish trajectory after bulls failed to stabilize above the immediate resistance of $1.06. This decrease...