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Infinera Shares Soar on Nokia Acquisition News; Stifel Downgrades to Hold

In a significant move aimed at bolstering its optical-networks business, Nokia (NOK) has announced its acquisition of Infinera (NASDAQ: INFN) in a $2.3 billion...

Natural Gas Price Needs New Positive Momentum – June 28, 2024

Natural Gas Price Analysis Natural gas prices are currently experiencing a lack of positive momentum, leading to new sideways trading patterns. The price has stabilized...

AUDCAD Confirms Negativity – June 28, 2024

AUDCAD Price Analysis The AUDCAD price has recently confirmed its adherence to a correctional bearish bias, marked by multiple closures below the 0.9174 barrier. This...

Platinum Price Tests the Support – June 28, 2024

Platinum Price Analysis Platinum price underwent a temporary correctional wave yesterday, testing the support line at $983.00 before settling above it. This move confirmed the...

Copper Price Leans Above Moving Average – June 28, 2024

Copper Price Analysis The price of copper has maintained its consolidation above the $4.3500 support level without confirming a break below it. This stability above...

Bitcoin Price (BTC/USD) Awaits Further Rise – June 28, 2024

Bitcoin price (BTC/USD) is currently showing new positive trades, with indications of forming a double bottom pattern that supports expectations of an upward movement...

Ethereum Price (ETH/USD) Touches Channel’s Resistance – June 28, 2024

Yesterday, Ethereum price (ETH/USD) exhibited clear positive movement, reaching the resistance of a bearish channel visible on the chart. We anticipate a breakthrough of...

What is the Effect of Spread in Forex?

The forex (foreign exchange) market is the largest and most liquid financial market in the world, with daily trading volumes exceeding $6 trillion. One...

Toyota and Affiliates to Offload Some $1 Billion in Aisin Shares

Toyota Motor Corporation and its affiliates have announced plans to divest approximately 33.9 million shares in Aisin, a move valued at 177.5 billion yen...

USDCAD Price Breaches the Resistance – Forecast for June 27, 2024

USDCAD Price Analysis Expected Scenario The USDCAD price showed clear positive movement yesterday, breaching the $1.3690 resistance level and settling above it. This move halts the...

Bitcoin (BTCUSD) Gets a Positive Motive – Forecast for June 27, 2024

Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin (BTCUSD) recently encountered negative pressure, bringing it close to the $60,330 level. However, stochastic indicators are now displaying clear...

Ethereum (ETHUSD) Price Fluctuates Around the Support – Forecast for June 27, 2024

Ethereum (ETHUSD) Price Analysis Expected Scenario The Ethereum (ETHUSD) price continues to hover around $3360.31, maintaining stability above this level. Recent positive signals from stochastic indicators...

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