Yearly Archives: 2024
41654156156Wall Street Rally Ahead Of NFP
Written on July 4, 2024 at 5:25 am, by 王建军
Market Summary In the last session, Wall Street saw a notable rally with the Nasdaq and S&P 500 reaching all-time highs, while the Dow Jones lagged. This surge was driven by soft job data, suggesting that the Federal Reserve may proceed with its plan to begin cutting rates in the third quarter of the year.Continue Reading
USD/CAD Plunged Amid Weak US Data.
Written on July 4, 2024 at 2:24 am, by 王建军
Fundamental Analysis * Data Dive: The Canadian Dollar has strengthened against the greenback following a significant sell-off in the dollar due to disappointing U.S. economic data. The ADP Employment report revealed that private sector job growth unexpectedly slowed in June, with employers adding 150K jobs, missing the forecast of 160K and falling short of theContinue Reading
Profit-making opportunities: Recognizing Cup and Handle Pattern
Written on July 3, 2024 at 11:25 pm, by seoagencyteam
In the complex world of trading, patterns hold significant meaning as their formation represents the sentiments of the traders. Understanding and recognising these stock chart patterns can be the difference between a bullish or a bearish trade. One such pattern is the cup-and-handle pattern (C&H), which has helped investors recognise profit-making opportunities for decades. WilliamContinue Reading
