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About: ahmad
Recent Posts by ahmad
Your Guide To Japanese Candlesticks In Trading
Analysing Japanese candlesticks is a fundamental skill in trading. This article explores 11 types of candlestick patterns that are easy to identify.
S&P 500 Pulls Back As Inflation Data Tempers Market Confidence
The S&P 500 lost ground on Thursday, ending the session at 6,012.55 after briefly touching an intraday peak of 6,074. While initial optimism was sparked by softer-than-expected US inflation figures, that enthusiasm proved short-lived as global risk factors and doubts surrounding the US – China trade truce returned to the fore. The index dipped 0.21%Continue Reading
Week Ahead: Trade Tensions Take Centre Stage
Markets opened the week with cautious optimism following a strong finish the previous Friday. Investors were still digesting an encouraging US employment report, which revealed 139,000 jobs were added in May, comfortably exceeding the forecast of 125,000. That headline figure helped lift equities to fresh highs, with the S&P 500 closing above the 6,000 mark.Continue Reading
Tesla Plunges 14% Following Musk–Trump Fallout
Tesla shares suffered a dramatic breakdown on the charts, with the decline reflecting more than just headlines — markets reacted to the potential for a broader shift in federal backing. The stock slid sharply through every major support level, bottoming at an intraday low of $273.18 and marking its steepest single-day fall since September 2020.Continue Reading
Aussie Holds Steady Despite Weak Domestic Data
The Australian dollar held firm on Thursday, hovering around $0.6491, supported more by weakness in the US dollar than by domestic economic strength. Although recent data from Australia was underwhelming, the Aussie found footing amid a shift in risk sentiment, as concerns over US trade policy weighed on the greenback. The currency advanced by 0.5%Continue Reading
