$USDJPY ascending channel has been formed in 1D time frame. Currently the market is at support level.

Also if this bounces back from we can expect a retracement around the box area.

😱@Market

#EURUSD forming a symmetrical triangle in 1D time frame and currently the market is at fibonacci golden zone level.

So, a retracement can be expected here.

Worth to keep an eye on this setup.

😱@Market

Daily Important Hits (AUGUST 06 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX


🌍 RBA Sits Pat on Rates; Still Highly Worried About Inflation Risks.

🌍 Saudi Aramco to Return $31 Billion to Shareholders, Government After Profit Beat.

🌍 S&P 500 Futures Jump 1.5% to Erase Losses from Worst Day Since 2022.

🌍 Dollar Index Rebounds 0.8% to 103 as Investors Rein In Sweeping Selloff.

🌍 Nvidia Stock Falls 6.3% to $2.5 Trillion, CEO Jensen Huang Loses $6 Billion.

🌍 London's FTSE 100 rebounds from lows amid broader gains.

🌍 US seeks up to 3.5 million barrels of oil for Strategic Petroleum Reserv.

🌍 Hong Kong Business Slowdown Eases in July.

😱@Market

Daily Important Hits (August 08,2024)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 Micron, HP Among Companies Under Investigation by US Trade Regulator.

🌍 Bowman Consulting Is Maintained at Buy by Roth MKM.

🌍 Topgolf Callaway Brands Price Target Cut to $17.00/Share From $20.00 by Roth MKM.

🌍 Lazard hires Guggenheim banker Haydon for private equity dealmaking, source says.

🌍 Joby Aviation Price Target Maintained With a $10.00/Share by Cantor Fitzgerald.

🌍 Under Armour Logs Unexpected First-Quarter Profit, Nudges Fiscal 2025 Earnings Outlook Higher.

🌍 Pactiv Evergreen Is Maintained at Buy by UBS.

😱@Market

Daily Important Hits (August 09 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Under Armour Stock Sprints 19% on Earnings Rebound After Leadership Reshuffle.

🌍 S&P 500 Logs 2.3% for Best Day Since 2022 as Jobs Data Offsets Recession Worries.

🌍 Dollar on Track for Fourth Straight Day of Gains as Carry Trade Almost Unwound.

🌍 Bitcoin Rockets 15% as Good Jobs Data Ignites Post-Selloff Bargain Hunt.

🌍 China Consumer Inflation Rises, Factory-Gate Prices Continue to Fall — 2nd Update.

🌍 Indonesian July Retail Sales Expected Up 4.3% on Year.

🌍 Fed Likely to Deliver 50-Basis-Point Rate Cut Next Month Amid 'Market Worries,' ING Says.

🌍 FTSE 100 inches higher as miners gain, US jobs data allays recession fears

😱@Market

Daily Important Hits (August 12 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Rocket Lab Stock Soars as Revenue Jumps 71%. Is Space Firm Catching Up to SpaceX?.

🌍 Dow Jones Futures Rise as Markets Shrug Off Wild Week, Focus Shifts to Inflation Data.

🌍 Dollar Index Slow to Start Trading After Jittery Week Rattles Deals, Inflation Data Looms.

🌍 Bank of Nova Scotia Acquires 14.9% Stake in KeyCorp.

🌍 Consumers' Medium-Term Inflation Expectations Drop to Record Low in July, New York Fed Survey Shows.

🌍 Malaysian Industrial Production in June Up 5% on Year.

🌍 Indian central bank likely selling dollars at 83.97 to support rupee, traders say.

🌍 Equities Mixed Intraday as Markets Await This Week's Inflation Data.

😱@Market

Daily Important Hits (August 14 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 US Inflation for July Slips Below 3% for First Time Since 2021. Rate Cut Sealed?.

🌍 UBS Stock Jumps 3% on Revenue Beat, Net Profit Surges to $1.1 Billion.

🌍 U.K. Prices Pick Up Pace But Services Inflation Shows Signs of Easing.

🌍 U.K. Services Inflation Eases, Keeping Door Open for Fresh Rate Cuts.

🌍 Starbucks Stock Whips Up Record 25% Increase After Surprise CEO Swap.

🌍 S&P 500 Pops 1.7% as Stocks Rally on Cool Inflation Data, Traders Bet on Jumbo Rate Cut.

🌍 Bitcoin Jumps Above $61,000 as Mild Inflation Data Brings Back Feelgood Factor.

🌍 Sterling Rally Knocked by UK Inflation Uptick to 2.2%, Still Below Consensus.

😱@Market

Daily Important Hits (August 20 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 S&P 500 Futures Up After Risk-On Mode Leads Stocks to Best Week of 2024.

🌍 Minor crypto inflows in latest week; Solana outflows hit record high.

🌍 South African Stocks Extend Rally and Hit New Peak.

🌍 U.K. Rate Cut Invigorates Property Market.

🌍 Dollar Index Knocked Down to Four Losing Weeks in a Row as US Economy Rebounds.

🌍 Gold Rockets to Record Above $2,500 on Bright Rate-Cut Prospects, Weak Dollar.

🌍 Four REIT stocks pass a strict quality screen, with dividend yields up to 6.19%.

🌍 Stocks Edge Down Pre-Bell Before Fed Policy Meeting Minutes; Asia Churns, Europe Rises.

😱@Market

Daily Important Hits (August 21 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Gold Blasts Off to New Record at $2,530 amid Strong Optimism Over Rate Cuts.

🌍 S&P 500 Snaps 8-Day Win Streak as Traders Brace for Fed Minutes, Jackson Hole.

🌍 Sterling Ticks Up to 2024 High of $1.3055 in Fourth Straight Day of Gains.

🌍 Netflix Stock Pops to Intraday Record of $711 as Ad Growth Jumps 150%.

🌍 Nvidia Stock Snaps 6-Day Bull Run as Chip Giant Nears Earnings Release.

🌍 Annual Nonfarm Payroll Gains Revised Lower by 818,000, Preliminary BLS Data Show.

🌍 Bank Indonesia Holds Rates Steady, Citing FX, Inflation.

🌍 South Korean Producer Prices Grind Higher in July, Test Bank of Korea.

😱@Market

Daily Important Hits (August 22 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Bank of Korea Holds Rate Steady, Cuts 2024 Forecasts — Update.

🌍 Snowflake Stock Sinks 8% Despite Strong Earnings Report, Double Beat.

🌍 Nasdaq Composite Ticks Up 0.6% as Fed Minutes Suggest ‘Likely’ Rate Cut.

🌍 Apple to Let iPhone Users Delete Safari, Other Native Apps in Response to EU Law.

🌍 Dollar Index Slides to Year Low as Fed Minutes Float September Rate Cut.

🌍 Nestle Appoints Laurent Freixe as CEO.

🌍 Wall St opens higher as prospects of September rate cut grow.

🌍 Equities Fall Intraday as Traders Analyze Fed Officials' Remarks.

😱 @Market

Daily Important Hits (August 27 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Temu Owner PDD’s Stock Plummets 29% as Slow Revenue Growth Unnerves Investors.

🌍 Dow Jones Ekes Out Tiny Gain to Pop New Record High. Tech Shares Drag Nasdaq.

🌍 Sterling Hits Resistance at $1.3230 as Shop Prices Mark First Drop in Three Years.

🌍 Nvidia Stock Falls 2.2% as Pressure Builds on Chip Maker Ahead of Earnings Report.

🌍 Stocks Mostly Down Pre-Bell as Investors Await Key Economic Data, Earnings; Asia Churns, Europe Strong.

🌍 Wall Street opens lower on caution ahead of Nvidia results, economic data.

🌍 Japan to monitor impact of expected US rate cut, finance minister says.

🌍 Miners, energy shares drive FTSE 100 higher; Bunzl hits record high.

😱 @Market

JUST IN: Nvidia $NVDA reports $30 billion in revenue for Q2, 3.8% higher than expectations.

😱 @Market

📈 S&P 500 Index Update

Key Levels to Watch:

Resistance: 5,635.56 | Support: 5,544.30

Trends:

Ascending Trend Line: Indicates a bullish momentum as long as the price remains above this line.

Price Action:

Currently consolidating near resistance, indicating a potential breakout or pullback.

Scenarios:

Bullish: If we break above 5,635.56, expect a sharp rise.
Bearish: Falling below 5,544.30 could lead to a significant drop.

🔍 Stay tuned for more updates and trade safely!

😱 @Market

Daily Important Hits (September 03 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Dollar Index Nears 102 in Quiet Trading. Volatility Ahead May Stir Things Up.

🌍 Nasdaq Futures Fall as Market Focus Shifts to Key Jobs Data Later in the Week.

🌍 Gold Loses Sparkle as Price Drifts Away from Record, Slides Near $2,500.

🌍 Ether ETFs Log Just One Day of Net New Inflows in Second Half of August.

🌍 Constellation Brands Cuts Outlook on U.S. Wine Market Woes.

🌍 Redfin Set for Growth Amid Improving Business Fundamentals, B. Riley Says.

🌍 Australia current account deficit hits six-year high in Q2.

🌍 Canadian factory PMI rises to five-month high in August.

😱 @Market

Daily Important Hits (September 04 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Nvidia Stock Sheds Record $279 Billion to Become World’s Biggest Loser, Ever.

🌍 Dow Jones Slides 600 Points as Wall Street Sells Off on Slowdown Scares.

🌍 Dollar Gains Ground Against Euro as Global Markets Enter Jittery September.

🌍 Volvo Backtracks on All-Electric Lineup as EV Market Challenges Pile Up.

🌍 Bank of Spain Gets New Governor as ECB Prepares to Cut Rates Again.

🌍 Bank of Canada Cuts Policy Rate to 4.25%.

🌍 Mortgage Applications Continue Upward Trend as Rates Fall.

🌍 India Services Extend Robust Expansion in August.

😱 @Market

Daily Important Hits (September 05 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 RBA's Bullock Defends Hawkish Inflation Warnings.

🌍 Volvo Car Cuts Earnings Goals on Uncertainty in Auto Market, Trade Wars.

🌍 Tesla Stock Races to Top Spot in S&P 500 but Still Trades Within Recent Range.

🌍 Bitcoin Price Wobbles at $57,000 as BTC ETFs Shed $325 Million in Two Days.

🌍 Japanese Yen Logs Fresh Gains as Bank of Japan Floats More Rate Hikes.
.
🌍 NIO's Second-Quarter Net Loss Narrowed on Sales Boost.

🌍 Weekly Jobless Claims Fall; August Job Cuts Nearly Triple Sequentially, Challenger Report Shows.

🌍 US service sector steady in August; employment cooling.

😱 @Market

Daily Important Hits (September 06 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 US Economy Slows to 142,000 New Jobs in August, Fanning Recession Worries.

🌍 US Dollar Index Dives Under 101 as Forex Traders Brace for Key August Jobs Data.

🌍 Gold Adds 1% to Approach Record as Jitters Build Up Ahead of Jobs Report.

🌍 S&P 500 Drifts Lower by 0.3% as Private Jobs Data Jolts Stocks Before NFP Report.

🌍 Tesla Stock Speeds Past $230 on Plans to Rollout Full Self Driving in Europe, China.

🌍 Fed's Waller says it's time to lower rates, open to larger cuts.

🌍 Wall Street opens muted after August payrolls data.

🌍 South Korea GDP Shrinks 0.2% in Second Quarter.

😱 @Market

Daily Important Hits (September 09 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 Japan Economy Grew on Spending Recovery, Revised Data Confirms.

🌍 Dell Stock to Open Higher as PC Maker Readies to Join Elite S&P 500 Club.

🌍 Nasdaq Futures Rise After Tech Index Logs Worst First Week of September Since 2001.

🌍 Bitcoin Slips to 1-Month Low After August Jobs Number Rattles Crypto Market.

🌍 Sterling Reverses Gains in 1% Drop as Dollar Stages Sharp Jobs-Fueled Rally.

🌍 Higher Tariffs to Hit Poorest Countries Hard, Unlikely to Protect Jobs, WTO Says.

🌍 Mexican retailer La Comer's shares jump after preliminary index inclusion.

🌍 Palantir's Profitability Profile to Be Strengthened by Upcoming S&P 500 Addition.

😱 @Market

Daily Important Hits (September 10 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 WuXi Companies Reaffirm No Security Risk as U.S. House Passes Draft Biosecure Act.

🌍 Nvidia Stock Rises 3.5% After Brutal Week Wipes Out $406 Billion from Market Cap.

🌍 Gold Hugs $2,500 Mark as Traders Gird Up for Key US Inflation Data.

🌍 Ether Briefly Regains $2,400 in Third Winning Day, ETH ETF Shed $5 Million.

🌍 Euro Loses $1.11 Threshold Early On Ahead of Jampacked Week of Events.

🌍 BMW Shares Fall After Recall Costs, Low China Demand Prompt Outlook Cuts.

🌍 Small Business Optimism Deteriorates in August, NFIB Survey Shows.

🌍 China Aug dollar-denominated exports grew 8.7%, imports increase +0.5%.

😱 @Market

Daily Important Hits (September 11 ,2024)
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⭐ STOCKS ⭐ INDICES ⭐ FOREX
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🌍 GameStop Stock Dives 10% After Surprise Profit but No Growth in Revenue.

🌍 S&P 500 Gains 0.5% Led by Tech Updraft. August Inflation Data Looms.

🌍 Dollar Falls to Fresh 2024 Low Against Yen, Pair Nears Double Bottom.

🌍 US Inflation Drops to 2.5% in August. Fed Stays on Track for Interest Rate Cut.

🌍 August Annual Consumer Inflation Marks Slowest Pace Since February 2021.

🌍 Futures extend losses after inflation data.

🌍 Wall St mixed at open as sticky inflation hampers bumper rate-cut bets.

🌍 Nuvation Bio Price Target Maintained With a $5.00/Share by Wedbush.

😱 @Market