Analytické recenze forexového trhu

20.11.2024 12:11

Crypto Week: BlackRock Options, Trump Is Aiming Bakkt and Looking to Replace SEC’s Gensler

Bitcoin (BTC) is up by 4.3% this week, trading at $93,001 after reaching a new all-time high of $93,984 on November 19. The critical resistance at $89,000-91,000 has been decisively broken, paving the way toward this year’s ultimate targets of $98,000-100,000. A flurry of positive developments is driving the rally. Notably, Nasdaq successfully launched spot Bitcoin ETF options trading on Tuesday, with trading volume exceeding $2.0 billion in a single day and a 4.4-to-1 ratio favoring call options.

18.11.2024 11:11

Weekly Focus: NVidia Reporting and PMIs

Alexander Boltyan

The S&P 500 futures remain neutral this week at 5871 points after last week’s 2.1% decline, the largest pullback since early September. The market's tone remains cautious, weighed down by Federal Reserve Chair Jerome Powell's hawkish rhetoric, rising inflation, and robust October retail sales data. Powell's comments that the Fed sees no urgency to lower interest rates further dampened sentiment, as investors had hoped for a faster pace of rate cuts. While the stock market retains some upside potential, sustained economic growth is essential to fuel further gains.

15.11.2024 01:11

Weekly Summary: Inflation and Powell Disappoint Investors

Anton Bykov

S&P 500 broad market index futures are rising by 1.5% to 5911 points heavily retreating from the all-time high at 6026 points set on November 11. The rally driven by Donald Trump’s presidential victory appears to be losing momentum following disappointing inflation data and hawkish comments from Federal Reserve (Fed) Chair Jerome Powell. October’s headline inflation increased to 2.6% YoY 2.4%, while core inflation remained stable at 3.3%. So, rising crude oil prices in early October did contributed to the inflation spike.

13.11.2024 12:11

Crypto Week: BTC Cap at $100,000, Dogecoin Is Booming

Anton Bykov

Bitcoin (BTC) is up 9.4% to $87,475 this week, retreating slightly from its all-time high of $90,030 reached on 12 November. The primary driver of the recent rally has been Republican Donald Trump’s victory in the U.S. presidential election on 5 November. Trump’s commitment to positioning the U.S. as a global leader in the crypto industry, along with his proposal to establish Bitcoin reserves, has proven drastically favourable for crypto assets compared to the more sceptical stance of Democratic nominee Kamala Harris. Bitcoin has surged 34.

11.11.2024 11:11

Weekly Focus: U.S. Inflation, Retail Sales and Powell

Anton Bykov

The S&P 500 futures have edged up 0.2% this week to 6,010 points, marking a record high for the fourth consecutive day. This continued "Trump rally" is now approaching the extreme resistance zone at 6,100-6,200 points, leaving limited room for upside. Historically, November and December have been among the most robust months for the U.S. stock market, with average gains of 1.75%, while January historically delivers the strongest monthly returns, averaging 4.25%. Should these patterns hold, the S&P 500 could see further gains of up to 7.

08.11.2024 08:11

Weekly Summary: Trump Rally Is One Step of a Chequered Flag

Alexander Boltyan

S&P 500 broad market index futures are rising by 4.5% to 5978 points this week. This huge jump could easily become a record one since October 29, 2023. Then it happened after a 10% correction, which is not the case now. This could eventually limit the rally. The rally was reignited by the presidential elections in the United States on Tuesday. First, it was an expected ending of the political uncertainty that was accompanying the election process. Then the republican Donald Trump was gaining the lead and eventually became a president elected.

05.11.2024 08:11

Weekly Focus: U.S. Presidential Elections and Fed Meeting

Anton Bykov

The S&P 500 index futures have gained a modest 0.1% to 5735 points this week, recovering from last week’s losses. October’s Nonfarm Payrolls data missed expectations significantly, with only 12,000 jobs added—well below the anticipated 106,000—and unemployment holding at 4.1%. However, the index has shown resilience, partly buoyed by Amazon’s (AMZN) 6.0% rally to $197.90, supported by other tech mega-caps, preventing recessionary fears from triggering a broader sell-off. The SPDR S&P 500 ETF Trust (SPY) reported $4.

01.11.2024 11:11

Weekly Summary: “Magnificent Seven” Disappointment and Nonfarm Payrolls

Alexander Boltyan

The S&P 500 futures have declined by 1.4% to 5,721 points this week, primarily due to concerns in the tech sector. The sell-off began on Wednesday after Microsoft (MSFT) and Meta Platforms (META) reported Q3 earnings that exceeded expectations but also indicated significant increases in AI capital expenditures for 2025, which unsettled investors. Consequently, the S&P 500 dropped by 1.8% to 5,704 points on Thursday. A positive development came from Amazon (AMZN), whose strong earnings have boosted premarket prices by 6.0% to $197.

30.10.2024 12:10

Crypto Week: Crypto Investors Believe in Trump to Take the White House

Anton Bykov

Bitcoin (BTC) has gained 6.9% this week, reaching $72,482, after briefly peaking at $73,653 on Tuesday. BTC is now pushing to break its all-time high of $73,864. There are several factors driving this rally. Historically, Bitcoin tends to rise around 20% in October, though it had only gained 15.7% by Tuesday. The upcoming U.S. presidential election is also a key driver, as a victory by crypto proponent Donald Trump could boost market sentiment. Trump has indicated that, if elected, he would consider asking Elon Musk to lead a potential Department of Governmental Efficiency (D.O.G.E.

29.10.2024 12:10

EURUSD Is Seen Recovering to 1.1000

Sergey Rodler

The U.S. Dollar index (DXY) is trading flat at 104.28, while the EURUSD has edged up by 0.21% to 1.08180 this week. The Dollar had rallied for four consecutive weeks but the EURUSD ended last week 0.60% lower after touching 1.07600 on Wednesday, the lowest level since 3 July. The EURUSD began its recovery on Thursday following speeches by European Central Bank (ECB) President Christine Lagarde and Bank of England Governor Andrew Bailey. Stronger-than-expected U.S. manufacturing and services PMI data weighed on the Dollar despite weak PMIs in both the Eurozone and the UK.