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Allow allThe oil-dollar pair plummeted 2.3% in the last trading session. The Ultimate Oscillator indicates a negative signal, suggesting potential bearish momentum.
The AUD/USD pair experienced a minor upward correction, rising by 0.1% in the last session. The Rate of Change (ROC) indicator is giving a positive signal, supporting potential bullish sentiment.
The EUR/USD pair gained 0.1% in the last session, making a minor upward correction. The Commodity Channel Index (CCI) signals an oversold market, hinting at a possible rebound.
The USD/JPY pair plunged 1.2% in the last session. The Relative Strength Index (RSI) is showing a negative signal, aligning with the bearish movement.
Oil prices fell over 2% last week due to concerns about weaker Chinese demand and uncertainty over US Federal Reserve interest rate cuts. In corporate news, Tata Electronics is acquiring a majority stake in Pegatron's iPhone plant in India. Meanwhile, Nvidia's upcoming results are set to influence the technology sector, with investors focusing on AI trade following a dramatic two-year rally in the stock.
Key economic events to monitor include:
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Moneta Markets is a trading name of Moneta Markets (Pty) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under license number 47490 and located at 1 Hood Avenue, Rosebank, Johannesburg, Gauteng 2196, South Africa. Company Registration Number: 2016 / 063801 / 07. Contact Phone Number: +27 (10) 1429139. Operational Office: Unit 7, 31 First Avenue East, Parktown North, Gauteng, Johannesburg, 2193, South Africa.
Mmonexia Ltd, facilitates payment services to the licensed and regulated entities within the Moneta Markets Organizational structure.
Mmonexia Ltd registered in the Republic of Cyprus with registration number HE436544 and registered address at Archbishop Makarios III, 160, Floor 1, 3026, Limassol, Cyprus. Mmonexia Ltd, facilitates payment services to the licensed and regulated entities within the Moneta Markets Organizational structure.
Moneta Markets Limited. Business Registration Number:72493069. Registration Address: Flat/RM A 12/F ZJ 300, 300 Lockhart Road, Wan Chai, Hong Kong. Contact Phone Number: +852 37522556. Operational Office: Unit 1201, 12/F, FWD Financial Centre, 308 Des Voeux Road Central, Sheung Wan, Hong Kong.
Moneta Markets is a trading name of Moneta Markets (Pty) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under license number 47490 and located at 1 Hood Avenue, Rosebank, Johannesburg, Gauteng 2196, South Africa. Company Registration Number: 2016 / 063801 / 07. Contact Phone Number: +27 (10) 1429139. Operational Office: 31 First Avenue East, Parktown North, Gauteng, Johannesburg, 2193, South Africa.
Moneta Markets is a trading name of Moneta Markets Ltd, registered under Saint Lucia Registry of International Business Companies with registration number 2023-00068.
Mmonexia Ltd, facilitates payment services to the licensed and regulated entities within the Moneta Markets Organizational structure.
Moneta Markets PTY LTD soliciting Business from UAE through a Non-Exclusive Introducing Broker Agreement Regulated by SCA , Sterling Financial Services LLC ,Cat 5 ,No 305029