Gone are the days when Forex brokers offered justcurrency pairs. Today’s top brokers are offering a range of tradable assets, including stock trading. .
But as is the case with other types of trading, understanding market movements and trends is not just recommended, it’s critical in order to trade successfully. Stock market analysis is a critical tool for anyone who is thinking about breaking into this trading arena, as well as for those who are already dabbling in stock trading, and DailyForex is proud to provide you with regularly updated analysis of the hottest stocks on the market.
Stock trading comes in various forms, with the ability to short the market if you expect a downtrend, or to long the market if you expect an upswing. Stock market analysis can help you determine which way the market will fluctuate, eliminating the guesswork and pitfalls that commonly lead to losses. With stock trading, like with Forex, you can also set take profits and stop losses to minimize risks – but oftentimes traders need guidance from a professional in order to know how to make these decisions. Why trade stocks blindly or based on a hunch, when you can trade smartly?
Most Recent
The S&P 500 holds near record highs at 6,511, with resistance at 6,520 in focus ahead of US inflation data that could shape Fed rate cuts.
Meta stock eased after initial gains Monday, with $800 acting as resistance and Nasdaq 100 weakness likely to weigh on its near-term outlook.
The S&P 500 reversed early gains Friday as weak jobs data sparked growth fears, with 6336 and 6200 eyed as key support levels.
Top Forex Brokers
The DAX formed a bearish engulfing candle Friday, with 23,250 as key support and 23,954–24,600 as resistance levels within its broader consolidation range.
Apple stock paused below the $240 resistance on Thursday, with $223 as key support and bullish momentum likely to resume after the NFP-driven volatility.
The Nasdaq 100 is consolidating above 23,250 ahead of Friday’s NFP, with support at 22,250 and resistance between 23,750–24,000 defining the next move.
The S&P 500 trades near 6,467 after record highs, with 6,500 seen as the next upside target as traders await direction from Friday’s U.S. jobs report.
The Nasdaq 100 is holding near 23,443 with 23,000 acting as key support and 24,000 as the upside target as traders await Friday’s NFP data and Fed signals.
Google (Alphabet) gapped sharply lower to start the week, testing key support near $206, with traders watching $215–$220 as the next upside targets.
Bonuses & Promotions
The S&P 500 fell in premarket trading Tuesday, with traders watching the Fed’s rate cut outlook and upcoming jobs data as a potential catalyst for a correction.
The DAX remains range-bound near its 50-day EMA, with traders watching for a breakout above 24,600 or a drop toward 23,250 as global sentiment shifts.
Tesla consolidates above its breakout zone, with support from moving averages and bullish sentiment pointing toward a steady climb to $360.
The S&P 500 stalled at the 6,500 barrier on Friday, raising questions about whether support at 6,450 will hold or a deeper pullback is ahead.
The DAX closed the week weakly, dropping under the 50-day EMA and pointing toward further downside while global recession fears and low summer volume weigh on sentiment.
The Nasdaq 100 remains bullish as buyers defend dips near 23,250, with the index targeting 24,000 in the short term and potentially 24,500 afterward.