IN a frothy, bubbly, maniac market of hope and fear, meme stocks can be dangerous but very rewarding. If you can handle the risk, which are the best meme stocks to buy now?
The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
Most Recent
The AI wave has driven global equity markets higher but suffered a correction on the US/China dispute over tariffs and rare earths. If resolved, the trend may accelerate as AI hyperscalers build data centers and require GPUs to run large language models. Should you diversify away from AI or double down on it?
Last week saw the continuation of existing bullish trends, but President Trump’s new tariff threat against China late Friday sent stock markets crashing, leaving the bullish focus on precious metals and injecting fear and uncertainty into equity markets.
Top Forex Brokers
The EUR/USD went into this weekend near the 1,16197 ratio, this after touching lows on Thursday around the 1,15418 vicinity, and traders should brace for additional choppy results in the currency pair.
WTI Crude Oil went into this weekend below 58.000 USD as market turmoil hit all assets in the U.S on Friday afternoon when President Trump ramped up his rhetoric and threats against China.
This week’s forecast reviews gold, silver, oil, and major currency pairs with key support, resistance, and trend outlooks for traders.
GBP/CHF bounced from strong support at 1.07 on Thursday, suggesting resilience and a potential trend shift if price breaks above the 1.08 resistance level.
USD/CHF strengthened on Thursday, with bullish momentum pointing to a potential breakout above 0.81 and a longer-term move toward the 200-day EMA.
Crude oil declined on Thursday amid oversupply concerns and a strengthening US dollar, with traders watching key support near the $60 level for direction.
Bonuses & Promotions
Tesla eased lower on Thursday in a quiet, sideways session, with markets consolidating ahead of its upcoming October 22 earnings call and key resistance levels in play.
Silver rallied to the critical $50 level before sharply reversing on Thursday, highlighting intense volatility and signaling potential short-term exhaustion.
Despite a Thursday pullback, gold remains in a strong uptrend, with short-term corrections likely offering value opportunities rather than signaling weakness.
The US dollar broke above the 1.40 resistance level against the Canadian dollar, signaling continued bullish momentum amid weak Canadian fundamentals.
The NASDAQ 100 pulled back to test the 25,000 level, a key psychological support, with traders eyeing potential dip-buying opportunities amid continued bullish sentiment.
The Euro continued its decline on Thursday, breaking below key support as a strengthening US dollar signals growing risk aversion in global markets.