USD/INR flat-lines ahead of Fed rate decision, India's Interim Budget 2024
Indian Rupee (INR) trades flat with a mild positive bias on Tuesday.
Source: fxstreet.com
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EUR/USD Price Analysis: Hovers around 1.0830 after paring intraday gains
EUR/USD hovers around 1.0830 during the Asian session on Tuesday after trimming its intraday gains.
Source: fxstreet.com
AUDUSD Forecast Today - 30/01: AUD Trades in Range
AUD/USD Resilient, Lacks Momentum - Early gains against USD, but momentum weak. Eyes on EMAs and FOMC meeting; 0.67 level in sight, support at 0.65.
Source: dailyforex.com
Technical Stock Pick: This auto component stock nearly doubles from 52-week low; reclaims 200-weekly EMA
Samvardhana Motherson Ltd, an auto component company, has experienced a surge in its stock price, reaching a 52-week high and showing an impressive 80% increase from its low in March 2023. This strong momentum is supported by the significant role played by the 200-weekly Exponential Moving Average (EMA), which has transitioned from acting as a resistance to now serving as a crucial support for the stock.
Source: indiatimes.com
NASDAQ 100 Forecast Today- 30/01: NASDAQ 100 Seeks Gains
NASDAQ 100 Forecast: Rally, Potential Pullback - Early gains overshadowed by potential overextension. Key focus on FOMC meeting and major stocks' influence.
Source: dailyforex.com