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The major US stock indices are set to open higher with NASDAQ index leading the way.
in premarket trading, the futures are implying:
Amazon announced a $38 billion deal with OpenAI to supply Nvidia chips. Both Amazon and Nvidia shares are trading at new all-time highs in premarket trading.
Berkshire Hathaway (BRK.B) shares are up 0.64% at $480.60 after reporting better than expected earnings of $6.26 versus $5.72. Revenues were a miss however at $94.97 billion versus $95.62 billion expected.
Kenvue (KVUE): The maker of Tylenol is currently up $2.78 or 19.35%. The company agreed to merge with Kimberly-Clark . Shares of Kenvue have been under pressure given the government’s accusations that it caused neurological disorders such as autism and ADHD when used during pregnancy or early childhood. On October 15, the price traded that a new all-time low of $14.11.
This article was written by Greg Michalowski at investinglive.com.
Daily Pivots: (S1) 153.64; (P) 154.03; (R1) 154.39; More… No change in USD/JPY’s outlook and intraday bias stays on the upside for upside for 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will extend the rally from 139.87 to 158.86 resistance next. On the downside, below 153.24 resistance turned support […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 153.64; (P) 154.03; (R1) 154.39; More… No change in USD/JPY’s outlook and intraday bias stays on the upside for upside for 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will extend the rally from 139.87 to 158.86 resistance next. On the downside, below 153.24 resistance turned support […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8019; (P) 0.8037; (R1) 0.8064; More… USD/CHF’s rally continues today and intraday bias stays on the upside. Corrective pattern from 0.7828 is in the third leg. Next target is 100% projection of 0.7828 to 0.8075 from 0.7872 at 0.8119. Break there will target 138.2% projections at 0.8213. On the downside, below 0.8033 […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8019; (P) 0.8037; (R1) 0.8064; More… USD/CHF’s rally continues today and intraday bias stays on the upside. Corrective pattern from 0.7828 is in the third leg. Next target is 100% projection of 0.7828 to 0.8075 from 0.7872 at 0.8119. Break there will target 138.2% projections at 0.8213. On the downside, below 0.8033 […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3106; (P) 1.3136; (R1) 1.3174; More… No change in GBP/USD’s outlook and intraday bias stays on the downside. Sustained trading below 1.3140 support should confirm completion of double top pattern (1.3787, 1.3725). Further decline should then be seen to 61.8% retracement of 1.2099 to 1.3787 at 1.2744 next. On the upside break […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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