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The US Justice Department may force Google to divest parts of its business due to antitrust concerns. S&P 500 and Nasdaq 100: Despite market uncertainty, these indexes had a strong day on Tuesday, recovering from Monday’s losses. Following a disappointing update from the National Reform Commission in China, US-listed Chinese stocks like Alibaba, PDD Holdings, […]

The post S&P 500, Nasdaq 100 – Futures Hold High Ground as US Considers a Breakup of Google appeared first on Action Forex.

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USDJPY Hovers Near 38.2% Fibonacci Level

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USD/JPY Eyes Fed Minutes

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14/08/2024

USD/JPY Sees Retreat Amid US Dollar Weakness

USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July’s lacklustre US Producer Price Index (PPI) data. This report bolstered market expectations for a potential 50 basis point cut by the Federal Reserve at its upcoming September meeting. The focus now shifts […]
30/04/2024

Another Dip in Crypto Capitalization

Market picture The crypto market capitalisation decreased by another 1.5% to $2.27 trillion, getting closer and closer to the April lows just above $2.22 trillion. Contrary to expectations, after the halving, the pressure on the market increased, in full accordance with the adage “buy the rumour, sell the news”. It seems that the strongest altcoins […]
08/01/2024

Dow Futures (YM_F) Elliott Wave Forecasting The Path

Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Dow Futures ($YM_F ) published in members area of the website. As our members know YM_F we see cycle from the 32406 low completed at the 38115 peak. While below that level, we could be […]