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- EUR/GBP: Price Reaches 6-month High
- Important News on US Inflation Rock Financial Markets
- Morgan Stanley Analysts Raise Forecasts for S&P 500
- Citi Analysts Expect Brent to Reach $73 in 2024
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Weekly Market Wrap With Gary Thomson: Nasdaq, EUR/USD, USD/CHF, Brent Crude Oil, Googl Shares
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- Nasdaq Composite: Worst Session
Analysis of AUD/USD: Exchange Rate Falls to Early May Low
As indicated by the 4-hour AUD/USD chart today:
→ the rate fell below 0.652, a level last seen on May 2;
→ the RSI indicator dropped below 15, a level last seen during the panic over the spread of COVID-19
Analysis of AMZN Stock: Price at 1.5-Month Low
As shown in the AMZN chart, the stock price dropped below:
→ the psychological level of $180;
→ the mid-June interim low.
The last time AMZN traded below $180 was in early June.
Thus, AMZN has faced sell-offs, similar to other tech