Tesla's share price gapped higher on Monday after investment bank, Morgan Stanely said Tesla’s supercomputer, known as Dojo had the potential to boost its market cap by $600 billion.
US CPI rose 0.6% in August in line with analyst estimates. Markets were anticipating a yearly change of 3.6%, but the actual figure has come in higher at 3.7%
Oil prices are on the rise once again. US crude managed to break above a key resistance back in late August and has been steadily making its way towards the $90 mark, with Brent crude trading above $92 per barrel for the first time since November.
Welcome to Part 3 of our 7-part Power Patterns series. When it comes to powerful price patterns, the bearish engulfing pattern is right at the top of the list. It provides traders with a clear and decisive signal that sellers have taken control of the market.
Cable (GBP/USD) has been staircasing lower since mid-July and carving out a powerful downtrend on the 4hr candle chart
Last week’s price action saw gold break and close below the small ascending channel which had formed during the final week of August.
Nvidia, the chip manufacturer, has unquestionably been the standout stock of the year, driven by the increasing demand for its 'supercomputer' chips that are playing a key role in the AI revolution.
Welcome to Part 2 of our 7-part Power Patterns series. In this series, we'll be equipping you with the skills to trade some of the most powerful price patterns which occur on any timeframe in every market.
Welcome to Part 1 of our 7-part Power Patterns series in which we teach you how to trade some of the most powerful price patterns which occur on any timeframe in every market.
A look at the key USD pairs ahead of the US CPI data out on Thursday
A preview of the upcoming Federal Reserve, European Central Bank and Bank of Japan meetings
We look at some of the latest USD/TRY predictions as the Turkish lira hits record lows.
Nvidia has been the winner of the AI race, being the first chip-maker to hit a $1tn market cap. Will the growth continue?
What is the outlook for the tech giant, following a tumultuous 2022?
The DXY hit a seven-month low in January, just a few months after a multi-decade peak in late September.