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The S&P 500 index (US SPX 500 mini on FXOpen) has recovered following Monday’s sharp decline, which was triggered by the success of Chinese startup DeepSeek and its AI model. As of this morning, the index is trading above the week’s early high. This resilience suggests that the stock market has stabilised ahead of the […]

The post S&P 500 Rebounds After Monday’s Drop appeared first on Action Forex.

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15/08/2024

NZD/USD Looking for a Bigger Recovery

Looking at the 4-hour time frame of the Kiwi with ticker NZDUSD, we can see a strong rebound after a completed final subwave “v” of C of (C), as Zealand beat jobs data, so seems like a new three-wave A-B-C rally can be in play within higher degree wave (D) that can recover the price […]
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Canada’s Trade Accounts Register a $1.6 Billion Surplus in November

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