Logo-color Logo-white

NASDAQ E-Mini futures fell 1.5% in early trading after the publication of quarterly earnings reports from technology giants Google (GOOG), Microsoft (MSFT) and Advanced Micro Devices (AMD): → The parent company of Google, Alphabet Inc., reported revenue of 86.3 billion dollars (forecast = 85.2), however, the slowdown in advertising revenue – the most important article […]

The post NASDAQ Falls by 1.5% after Tech Giants Reports appeared first on Action Forex.

previous

Technical Outlook and Review

next

NZDUSD Lacks Clear Direction Ahead of Key Events

Read More

11/12/2023

AUD/USD: Holds in Extended Sideways Mode, Awaiting Key Economic Releases for Direction Signals

AUDUSD eases further on Monday and breaks below 200DMA which marks approximately the mid-point of 0.6525/0.6620 congestion, in which the pair is holding for the fifth straight day. Near-term action lacks clear direction signal while holding within the range, as daily MA’s are in mixed setup and momentum indicator is moving along with the centreline, […]
13/08/2024

EUR/USD Outlook: In Quiet Mode, Awaiting Economic Data for Fresh Ssignals

EURUSD is holding within a narrow congestion, capped by Fibo resistance at 1.0933 (Fibo 61.8% of 1.1139/1.0601), as markets slowed ahead of key release this week – US inflation report. German ZEW economic sentiment (July f/c 32.6 vs June 41.8) due in a while, would also impact Euro’s sentiment. Technical picture is predominantly bullish on […]
22/12/2023

Soft Inflation at the Top of Santa’s Wishlist

Appetite in European stocks waned yesterday, yet the US counterparts recovered Wednesday losses and closed the session more than 1% higher as the latest growth data was revised slightly lower to 4.9%, real consumer spending was revised down from 3.6% to 3.1%, corporate profits from above 4 to 3.7%. Else, jobless claims came in lower […]