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USDCAD At 5-Week Lows; At Key Critical Support Level

Forex Oct 18, 2019, 18:11 BST by Eno Eteng (MSTA)

The USDCAD is now at a critical support level after a stellar performance by the Canadian Dollar this week. The USDCAD is trading lower on the day to add to its previous lows for the week, and is now at a 5- week low. The driver for this price movement [...]

Facebook (FB) Q3 Earnings Preview

Shares Oct 18, 2019, 17:17 BST by Nikolas Papas

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Dow Jones Index Has Muted Open on China Growth Concerns

Indices News Oct 18, 2019, 15:44 BST by Eno Eteng (MSTA)

The Dow Jones Industrial Average index is trading lower this Friday in what has been a muted trading session so far. This is after the Dow Jones futures started the day on a higher note, as upbeat earnings figures from Coca Cola and American Express boosted the asset in pre-market [...]

XAGUSD: Silver Prices Slightly Lower on Low Trading Volumes

Commodities News Oct 18, 2019, 14:04 BST by Eno Eteng (MSTA)

Silver price (XAGUSD) is currently trading around the 17.46 mark as it marks the completion of what can be described as a muted trading week. Trade volumes for XAGUSD continue to remain low and the upbeat Chinese Industrial Production numbers did little to boost the asset. XAGUSD made an intraday [...]

Bitcoin – BTCUSD Slump Accelerates Below 10,000

Bitcoin Pushing Lower On the Day; BTCUSD Testing Key Support Levels

Cryptocurrencies News Oct 18, 2019, 13:22 BST by Eno Eteng (MSTA)

Bitcoin (BTCUSD) is once more pushing for a challenge of a key support level on the long-term charts. After making a major move lower to breach the 8289 support level, Bitcoin attempted to make a pullback to this level but was rejected. This is not unexpected, as the broken support [...]

USDJPY Muted on Japan Gov. Downgrading Economy Outlook

Forex News Oct 18, 2019, 12:09 BST by Senad Karaahmetovic

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XAUUSD: Gold Price Slightly Lower On Mixed Chinese Data

Commodities News Oct 18, 2019, 12:02 BST by Eno Eteng (MSTA)

Gold price (XAUUSD) briefly touched the ceiling of its trading range for the week early this morning, but retreated slightly after mixed Chinese data. China’s GDP came in at 6.0%, which was the worst it had been since the 90s. However, Chinese Industrial Production increased by 5.8%, which was remarkably [...]

DAX Index at Risk of Declining Ahead of UK PMs Brexit Vote

Indices News Oct 18, 2019, 11:07 BST by Alejandro Zambrano

At the time of writing, the DAX index was consolidating following yesterday’s sharp rise to a new 2019 high and almost as quick decline back to the levels where the market started trading on Thursday. The news of a Brexit deal between the UK and EU sent the DAX index [...]

Ethereum – ETHUSD at Two Week Lows, Bears Target $153

Cryptocurrencies News Oct 18, 2019, 10:06 BST by Nikolas Papas

Ethereum ETH trades lower in European trading session giving up 3.92% at $170.56 as the bearish momentum persists below the 50-day moving average. Ethereum rebound from the September 26th low at $153 stalled at the descending trendline which started late September. Bears are still in control of the number two [...]

Nikkei 225 Consolidates at Yearly Highs

Indices News Oct 18, 2019, 09:14 BST by Nikolas Papas

Asian indices ended mixed today as investors closely follow the developments around the Brexit agreement. Confusing headlines over trade deal between China and the USA weigh on investors sentiment. The Hang Seng index finished 0.55% lower at 26,706, the Shanghai Composite ended 1.32% lower at 2,938, while the Singapore Straits [...]

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USDCAD At 5-Week Lows; At Key Critical Support Level

Facebook (FB) Q3 Earnings Preview

Dow Jones Index Has Muted Open on China Growth Concerns

Facebook (FB) Q3 Earnings Preview

Netflix (NFLX) at Two-Month High on Solid 3Q Results

Amazon Stock Q3 Preview: Key Things to Watch

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Amazon Stock Q3 Preview

Published: October 9, 2019 | Author: Nikolas Papas

Amazon Stock Q3 Preview: Key Things to Watch

Amazon will share its Q3 earnings results on October 24, 2019, and it will be interesting to see if the report will be enough to end the downtrend in the share price. Get ready for the release with our update.

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Published: September 2019 | Authors: Alejandro Zambrano, Martin Lam, and Ramy Abouzaid.

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