WeTrade Global

Dean brings extensive experience in financial services and market expansion, aiming to accelerate WeTrade’s growth in the industry. WeTrade is pleased to announce the appointment of Dean Lunt as the new International Sales Director, effective on 4 November 2024. With more than a decade of experience

Market Wrap: Stocks, Bonds, Commodities. On Tuesday, major U.S. stock indexes were little changed. The Dow Jones Industrial Average rose 63 points (+0.17%) to 37,798, snapping a six-day losing streak. The S&P 500 declined 10 points (-0.21%) to 5,051, while the Nasdaq 100 added 6 points (+0.04%)

Market Wrap: Stocks, Bonds, Commodities. On Wednesday, U.S. stocks charged higher, pushing the three major indexes to record closes again. The Dow Jones Industrial Average rose 156 points (+0.40%) to 38,677, the S&P 500 climbed 40 points (+0.82%) to 4,995, and the Nasdaq 100 was up 182 points (+

GBP/USD Intraday:key resistance at 1.2735. Pivot: 1.2735 Our preference: Short positions below 1.2735 with targets at 1.2680 & 1.2660 in extension. Alternative scenario: Above 1.2735 look for further upside with 1.2755 & 1.2775 as targets. Comment: As long as the resistance at 1.2735 is not

Market Wrap: Stocks, Bonds, Commodities. On Thursday, all the three major U.S. stock indexes closed at record levels again, with the Dow Jones Industrial Average rising 242 points (+0.64%) to 38,049, the S&P 500 up 25 points (+0.53%) to 4,894, and the Nasdaq 100 up 17 points (+0.10%) to 17,516.

GBP/USD Intraday:the upside prevails. Pivot: 1.2680 Our preference: Long positions above 1.2680 with targets at 1.2735 & 1.2750 in extension. Alternative scenario: Below 1.2680 look for further downside with 1.2660 & 1.2645 as targets. Comment: The RSI is bullish and calls for further upside

Market Wrap: Stocks, Bonds, Commodities. On Friday, all the three major U.S. stock indexes marked record-high closes, with the Dow Jones Industrial Average rising 395 points (+1.05%) to 37,863, the S&P 500 up 58 points (+1.23%) to 4,839, the Nasdaq 100 up 331 points (+1.95%) to 17,314. Semicondu

GBP/USD Intraday:the upside prevails. Pivot: 1.2670 Our preference: Long positions above 1.2670 with targets at 1.2725 & 1.2750 in extension. Alternative scenario: Below 1.2670 look for further downside with 1.2650 & 1.2635 as targets. Comment: Technically the RSI is above its neutrality are

Market Wrap: Stocks, Bonds, Commodities. On Thursday, U.S. stocks rebounded, lifting the Nasdaq 100 (up 246 points or 1.47%) to a record close of 16,982. The S&P 500 rose 41 points (+0.88%) to 4,780, not far away from its record close of 4,796 seen in January 2022. The Dow Jones Industrial Avera

GBP/USD Intraday:bullish bias above 1.2655. Pivot: 1.2655 Our preference: Long positions above 1.2655 with targets at 1.2715 & 1.2735 in extension. Alternative scenario: Below 1.2655 look for further downside with 1.2635 & 1.2615 as targets. Comment: Technically the RSI is above its neutrali

Market Wrap: Stocks, Bonds, Commodities. On Wednesday, U.S. stocks remained under pressure as Treasury yields rebounded further. The Dow Jones Industrial Average fell 94 points (-0.25%) to 37,266, the S&P 500 dropped 26 points (-0.56%) to 4,739, and the Nasdaq 100 was down 94 points (-0.56%) to