Forex News

Explosion at a Major US Energy Producer as Gas Prices Heat Up… Another “Accident?” The Incident Recently, there was a major explosion at a US energy producer, causing significant damage to the facility and disrupting gas production. This incident comes at a critical time as gas prices have been on the rise, leading many to…

Chewy.com ($CHWY) One More Low before Bottom? Company Profile Chewy.com is an e-commerce company that specializes in pet food. Along with many other stocks, prices started a new cycle higher in March 2020. Chewy is now correcting that cycle and currently going fairly deep, and threatening to make new all-time lows. Analysis Looking at Chewy.com’s…

EURCAD Short Term Forecast Update Introduction Hi Traders! On June 8th, I shared a blog post titled “EURCAD Technical Analysis And Short Term Forecast.” Today, I am back with an update on the short term forecast for EURCAD. Current Market Analysis Since my last post, the EURCAD pair has experienced some fluctuations in the market….

Marathon Oil Corporation Analysis: Reaching Short Term Extreme Area MRO Elliott Wave Analysis Marathon Oil Corporation, with the ticket symbol MRO, is a company that engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through two segments: United States and International. The U.S. segment focuses on oil and gas…

Welcome to the AUDUSD Rollercoaster Ride Introduction Let’s talk about the AUDUSD pair, also known as the Australian Dollar versus the US Dollar. Many traders are keeping a close eye on this currency pair, as it has been quite volatile in recent times. In this article, we will dive deep into the current situation of…

Thriving in the Business World: A Closer Look at Non-GAAP Operating EBITDA and Gross Profit The Numbers Speak for Themselves It’s not every day that we come across financial figures that truly make us stop and take notice. But when it comes to the latest report from San Antonio, Texas, it’s hard not to be…

Hey There, Money Savvy Readers! Let’s Talk About Money Matters So, have you heard the latest buzz about the European Central Bank (ECB) and their plans to expedite the normalization of monetary policy? Well, ECB Governing Council member Olli Rehn recently made a statement about the rising inflation rates, giving a clear indication that changes…

Daily Pivots and EUR/JPY Outlook Introduction Today we are going to delve into the daily pivots for EUR/JPY, which are currently at (S1) 141.45, (P) 141.91, and (R1) 142.45. The intraday bias remains on the upside for retesting 144.23 high. Let’s take a closer look at what this means for traders and investors. Analysis EUR/JPY…