Given the bullish sterling sentiment seen across the FX markets today, GBPUSD currency pair can be expected to rise to the next resistance level 1.3265. GBPUSD reversed from support zone Likely to rise to resistance level 1.3265 GBPUSD currency pair recently reversed up from the support zone between the strong support level 1.3165 (which stopped
Forget the reflex that says memory chips are dumb commodities doomed to boom and bust. The single most important number in Micron Technology’s (NASDAQ: MU) fiscal third quarter is not the record $41.5 billion in revenue or the roughly 85% non-GAAP gross margin — it is the $22 billion in customer cash deposits the company
Global financial markets remained under pressure during the European morning on Friday as investors continued to adopt a cautious approach following steep declines across Asian equity markets. A sustained selloff in technology stocks weighed heavily on market sentiment, while traders looked ahead to speeches from several US Federal Reserve policymakers later in the day. The
A 26% single-day pop does not mean Wendy’s is “back.” The Wendy’s stock price prediction that matters is not whether a burger chain has turned around — its first-quarter 2026 same-restaurant sales fell about 8% and net income dropped roughly 42% — but how long a social-media-coordinated short squeeze can hold a price the fundamentals
Silver can be expected to fall further to the next support level 55.00 (target price for the completion of the active impulse wave C. Silver broke support zone Likely to fall to support level 55.00 Silver recently broke the support zone between the strong support level 61.7 (which stopped the previous waves (2) and A,
A hawkish Federal Reserve drives US Dollar dominance, while Middle East peace talks lower oil prices amid central bank divergence. Hawkish Fed Repricing and Broad US Dollar Dominance The global currency and commodity markets are currently locked in the grip of a resurgent US Dollar, fueled by aggressive, hawkish shifts in expectations surrounding the Federal
Gold can be expected to fall further to the next support level 3800.00 (target price for the completion of the active impulse wave 3. Gold broke round support level 4000.00 Likely to fall to support level 3800.00 Gold recently broke below the round support level 4000.00 (which has been reversing the price from last November,
Thailand’s Department of Special Investigation has issued an arrest warrant for Chinese businessman Wang Yicheng, alleging he helped run a network that laundered proceeds from scams and online gambling through illegal cryptocurrency mining. Investigators uncovered the network while probing mining operations that illicitly drew some $28 million worth of electricity, one of the largest such
The US Dollar Index edged lower on Thursday after rising for three straight sessions and touching its highest level in 13 months, as investors turned their attention to a heavy slate of US economic data and ongoing geopolitical tensions. The US Dollar Index, after rising to 101.80 on Wednesday, eased in early Thursday trade but
The British pound was on track for its worst monthly performance against the dollar since July 2025 on Thursday, as fading interest rate support and renewed political uncertainty weighed on sterling. The decline comes in a week that marked the 10th anniversary of the Brexit vote and followed the resignation of Labour Prime Minister Keir