Page 26 - Exponential Moving Average News Today

Polkadot (DOT) price has been on a downtrend, with its upside potential capped by a descending trendline.

Multibagger stock: Bank of Maharashtra stock scaled a fresh high of Rs 52.61 rising 5.53% against the previous close of Rs 49.85 on BSE. Market cap of the bank rose to Rs 36,461 crore in Thursday’s trade.

Silver price (XAG/USD) discovers an intermediate support after a sharp correction to near $22.50 in the late Asian session.

The Pound Sterling (GBP) recovers swiftly as stubbornly high UKConsumer Price Index (CPI) data for December has pushed back expectations of early rate cuts by the Bank of England (BoE).

Gold price (XAU/USD) has executed a short-term recovery move in the midst of a persistent downtrend.

Bitcoin has not had an opportunity to benefit from the bullishness that came with the spot BTC ETF approval.

The GBP/USD pair faces some selling pressure above 1.2600 during the early European session on Wednesday.

USD/JPY Forecast: USD rallies against Japanese yen post-holiday, shows resilience above key moving averages, with long-term outlook favoring a stronger dollar.

Technical Stock Pick: Coforge Ltd, part of the IT industry, has rallied more than 30% in the last 3 months, breaking out from a Saucer pattern on weekly charts. Experts suggest that the stock may head towards 7000 levels in the short to medium term. The stock hit a fresh record high of Rs 6788 on January 15, 2024.

Bank Nifty tumbled more than 4 percent, recording its biggest fall since February 2022 with all the 12 index stocks closing in the red