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Forex is the global currency exchange market where traders can buy and sell currencies worldwide. This market is characterized by its high liquidity and availability around the clock during weekdays, making it a significant hub for investors looking to profit from exchange rate fluctuations.
Are indicators of how a group of stocks performs within a specific market. They are used to assess the overall performance of the market and help investors understand market trends. Famous indices include the Dow Jones, NASDAQ, and FTSE.
Discover various commodities like precious metals (gold, silver), energy (oil, natural gas), and agricultural grains (wheat, corn).
Represent ownership stakes in companies, serving as means of investment and profit-making through the appreciation of the appreciation of the company's value and dividend distributions. Investors can buy and sell shares in the stock market, and it is a common way to diversify investments.
Including oil and natural gas play a vital role in the global economy. These commodities prices are influenced by multiple factors such as global politics, environmental laws, and technological changes.
Including gold, silver and platinum, which are important commodities in financial markets. Investors seek them as a safe haven during times of economic and political instability, and they are seen as a means to preserve wealth value.
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The S&P 500 index continues its continuo to rise as it stayed above the daily pivot point at 6068. Notably, holding above the SMA 9 could drive the price to achieve further gains, targeting 6726 then 6149. However, if the price loses positive momentum, it could decline toward 6035, which is a strong support level. If this level is broken, it could exert downward pressure on the price, starting a bearish wave toward 6013.
Read moreThe Nasdaq index saw a slight decline during today’s session due to its inability to break above the middle line of the channel. However, it remains above the daily pivot point at 21762. The price is moving within an ascending channel, looking to continue rising. If the price manages to do so, it could resume its upward trend toward 22062 then 22140. On the other hand, if the price settles below the mentioned pivot point, this could push the index to decline toward 21648 then 21549.
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