Page 111 - Technical Analysis News Today

Nvidia (NVDA) stock appears to be the safe haven of choice in the present storm as Wednesday’s US stock market sold off uniformly following a hotter than expected inflation report.

The Pound Sterling collapses late on Wednesday during the North American session, down by more than 1% against the US Dollar, following the release of US inflation data.

The Mexican Peso (MXN) is trading at eight almost nine-year highs below 16.30 against the US Dollar (USD) on Tuesday, as it continues its long-term bull trend.

The overall range for the coming few sessions could be 22,950 on the upside and 22,550 on the downside.

EUR/USD went into a consolidation phase near 1.0850 after closing in positive territory on Monday.

EUR/USD put efforts to continue its winning streak for the sixth successive session on Tuesday.

The EUR/JPY cross trades with mild positive bias near 164.988 on Tuesday during the early European trading hours.

The S&P 500 remained virtually unchanged as U.S. bond yields surged to their highest levels since late November, suggesting investor optimism about the prospects for Federal Reserve interest rate cuts is dwindling.

Jito (JTO) price catalyzed a breakout rally on March 31 as it completed a bullish consolidation pattern.

Indian hotels stock has indicated a negative divergence on the daily chart with the RSI slipping down with a negative trend reversal pattern.