Weekly Market Research: GBPUSD Bearish Outlook, Bitcoin's Resilience, and Amazon's Growth Prospects

POUND

In 2024, GBP/USD fell 1% despite strong fluctuations. The pair rallied from 1.23 to 1.34 midyear but dropped 5% in Q4 due to USD strength. But pound outperformed other major currencies,...

NETFLIX

Netflix has secured exclusive US streaming rights for the FIFA Women’s World Cup in 2027 and 2031, expanding its sports portfolio. The 2027 tournament will be held in Brazil, with the 2031...

GOLD

Gold price declined to $2,652 per ounce on Friday after hitting a five-week high last week, primarily due to a stronger US dollar. However, gold remains on track for a modest gain, fuelled by...

Palantir (US Stock)

• The stock has nearly quadrupled this year. Closing at record $65, push the market cap to $150 billion.
• Palantir has announced to move its listing to the Nasdaq on November 26.
• ...

Technical indicators are tools that analyze past price and volume data to provide insights into possible future price movements in the market. Their main functions include:

GOLD

1. Gold price fell 1.8% for the week, pressured by a stronger dollar and market reaction to Donald Trump's election victory.
2. Although the Fed cut rates slightly, speculation about slower cuts...

Fundamental news impacting the forex market includes economic data releases, central bank policies, geopolitical events, inflation rates, and employment reports.

NVIDIA

1. Reflecting the AI boom and Nvidia's market dominance, Nvidia is set to replace Intel in the Dow Jones Industrial Average on November 8.
2. Nvidia’s shares have skyrocketed over 170% this year,...

Money management in trading is essential to preserve capital, maximize returns, and control risks. Here’s what you need to know: