Eli Lilly (LLY) Shares Fall Over 15% in May
The share price of Eli Lilly and Company (LLY), the world’s largest pharmaceutical company, has seen a sharp shift in market sentiment:
→ From its April low to high, LLY shares rose by over 30%;
→ However, since the start of May, the LLY stock price has dropped more than
15% — the closing price on the last trading...
What Is Random Walk Theory and Its Implications in Trading?
Random walk theory argues that market prices move erratic, making it difficult to analyse past data for an advantage. It suggests that technical and fundamental analysis provide little to no edge, as prices instantly reflect all available information. While some traders embrace this idea, others...
Microsoft (MSFT) Becomes the World’s Most Valuable Company
According to financial data, Microsoft’s market capitalisation currently stands at approximately $3.24 trillion, while the valuations of Apple and Nvidia — second and third on the list respectively — remain below $3 trillion.
This follows a sharp surge in Microsoft’s share price (MSFT), which has risen...
Apple Shares (AAPL) Drop Below $200
Late last week, Apple released a quarterly report that beat analysts’ expectations:
→ Earnings per share: actual = $1.65, forecast = $1.63
→ Revenue: actual = $95.36bn, forecast = $94.5bn
However, today AAPL stock price is below the psychological $200 mark, over 7% lower than last week’s high (point E).
Why did AAPL shares...
Understanding the Inverted Cup and Handle Chart Pattern
Understanding chart patterns is fundamental for market participants. This article delves into the inverted cup and handle formation, a bearish signal indicating a potential downward movement. Explore its identification, trading strategies, psychological underpinnings, common pitfalls, and more to boost your...
Market Insights with Gary Thomson: Fed and BoE Rate Decisions, Canada Jobs, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
— ...
Buffett Steps Down, Berkshire Shares (BRK.B) Pull Back from Record High
Berkshire Hathaway has released its quarterly report, which came in slightly below analysts’ expectations:
→ Earnings per share: actual = $4.46, forecast = $4.72
→ Revenue: actual = $90.8bn, forecast = $89.7bn
However, the bigger news was not the weaker results, but the decision of...
Brent Crude Opens with a Bearish Gap
As shown on the XBR/USD chart, Brent crude oil opened this Monday morning around $59.00, forming a bearish gap relative to Friday’s closing price of approximately $61.40.
The current Brent crude oil price is near the yearly low reached about a month ago, following the announcement of Trump’s tariffs, which turned out to be...
Market Analysis: WTI Crude Oil Tumbles
WTI Crude oil is down over 10% and remains at risk of more losses.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices extended downsides below the $60.00 support zone.
- A major bearish trend line is forming with resistance near $57.25 on the hourly chart of XTI/USD at FXOpen.
WTI Crude...
Market Analysis: Gold Dips Further
Gold price started a fresh decline below $3,300.
Important Takeaways for Gold Price Analysis Today
- Gold price climbed higher towards the $3,350 zone before there was a sharp decline against the US Dollar.
- A key bearish trend line is forming with resistance near $3,270 on the hourly chart of gold at FXOpen.
Gold Price...
Microsoft (MSFT) Share Price Jumps Nearly 9% – What’s Next?
As the chart shows, Microsoft (MSFT) shares surged sharply, forming a large bullish gap: while trading closed around $391 on 30 April, yesterday’s candlestick closed just below the $425 mark.
What Drove the Rally in Microsoft Shares?
Microsoft released its financial results for the first quarter of...
Market Analysis: USD/CAD Dips
USD/CAD declined and now consolidates below the 1.3850 level.
Important Takeaways for USD/CAD Analysis Today
- USD/CAD started a fresh decline after it failed to clear the 1.3900 resistance.
- There is a major bearish trend line forming with resistance at 1.3815 on the hourly chart at FXOpen.
USD/CAD Technical Analysis
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Market Analysis: GBP/USD Corrects Gains
GBP/USD started a downside correction from the 1.3450 zone.
Important Takeaways for GBP/USD Analysis Today
- The British Pound rallied above 1.3200 and 1.3320 before the bears appeared.
- There is a key bearish trend line forming with resistance at 1.3375 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical...
What Is Dollar-Cost Averaging (DCA) in Investing and Trading?
Dollar-cost averaging (DCA) is a popular strategy used by investors and traders to manage market fluctuations and build positions over time. Instead of trying to time the market, DCA focuses on consistent, regular investments regardless of price movements. This article answers “What is DCA?”, its...
Oil Prices: April Could Be the Worst Month in Three and a Half Years
As the XTI/USD chart shows:
→ at the beginning of April, WTI crude was trading above $71 per barrel;
→ this morning, on the last day of the month, the price has fallen below $60.
The overall decline may reach 16% — the worst monthly performance since November 2021.
Why Is Oil Falling?...
META Share Price Rises Cautiously Ahead of Earnings Report
As shown on the Meta Platforms (META) chart, the share price rose by approximately 1% yesterday. This movement was supported by the announcement of the launch of the Meta AI app—an artificial intelligence-based application that will function as a personal assistant on mobile phones (similar to Google...
What Is SMT Divergence, and How Can You Use It in Trading?
SMT divergence, or Smart Money Technique divergence, is a concept used by traders to analyse imbalances in correlated markets. By identifying when price movements deviate between related instruments, traders can uncover potential shifts in market momentum, often linked to institutional activity. This...
Market Analysis: NZD/USD Dips
NZD/USD is trimming gains and struggling to stay above the 0.5945 pivot zone.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD is declining from the 0.6030 resistance zone.
- There is a major bearish trend line forming with resistance near 0.5970 on the hourly chart of NZD/USD at FXOpen.
NZD/USD Technical Analysis
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