Revenue increased more than expected to $7.1 Billion vs $6.83 expected. Demand for Nvidia AI is strong. Gaming Revenue up 42% from last year.
After hours we saw a jump to $306-7 but we have cleared the big risk event and a retest of recent all time highs is likely now the good news is out and behind us. Buying small pullbacks to $300 for test of $322.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open. Head FX Dealer TonyD
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open. Head FX Dealer TonyD
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open. Head FX Dealer TonyD
Algorand was showing the strongest type of structure prior to the sell-off in crypto throughout todays Asian-Session.
Considering this neutral pennant has held, and that price does not fall below 1st support at 1.70 USD then ALGO looks clear to re-test the top of the wedge around 2.30USD, 2nd Resistance.
Bitcoin must hold above 60K USD for this trade idea to...
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open. Head FX Dealer TonyD
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open. Head FX Dealer TonyD
AUD has been belted lower since the RBA went to lengths to slow down the market pricing in rate hikes.
AUD/JPY has fallen alot less than AUD/USD because of USD/JPY rally since the US inflation numbers on Wednesday restarted the inflation debate.
AUD/JPY is just above the 200 DMA at Y82.80 and we are looking for at least a technical bounce to Y84 but if next...
Gold and Silver have both surged higher on the back of soaring US inflation and have reclaimed their status as inflation hedges after many months of not moving on Inflation data.
Gold moved $40 higher and Silver $1.80 as US printed 6.2% Y/Y headline inflation for October.
The Inflation debate is likely to remain for many months and each time its affirmed should...
Join TonyD for a quick recap and look at the day ahead from a sentiment and fundamental point of view and key technical levels to be watching on main pairs.
Extremely overbought after blowing off the all time highs on news of a 100k Hertz Tesla deal, we have seen a few days of consolidation and over the weekend some extremely troublesome tweets from the owner and founder Elong Musk.
He tweeted, Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. then a...
Join easyMarkets Head FX Dealer Tony Darvall as he uses his 14 years of trading to bring you live analysis and trading plans for the US Non Farm Payrolls Today at the start of the US Session.
Gold has been trading sideways for the past 6 months but the range is getting smaller and smaller as the market coils up and should pick a side in coming days.
Topside makes alot of sense with gold seen as a natural inflation hedge in the past so could see a new story develop to support a rally. Even as USD has been strong this week it has crept higher.
Key...
XRP has been consolidating since early October inside a flag-like pennant and broke upwards earlier today.
This does not come as a surprise considering how well Ethereum has been performing as of late and that has now generated a tailwind for other big-cap altcoins such as Ripple (XRP).
Alt season is well upon us and the opportunity cost has started to get the...
