If it goes through, the acquisition would represent the largest semiconductor deal in history and provide a huge boost to NVIDIA’s dominance in the sector, as well as investors’ portfolios. Net short bets have decreased by 9.63% and 2.30% over a daily and weekly basis respectively. Upside exposure in this pair has decreased by 10.36% and 10.60% over a daily and weekly basis respectively. Find out more about the major currency pairs and what impacts price movements. Nasdaq Neither your address nor the recipient's address will be used for any other purpose. Bearish developments are brewing in $AUDUSD and $AUDJPY but remain unconfirmed. NVIDIA also said it’s working to help build the U.K.’s most powerful supercomputer, dubbed “Cambridge-1.” The 52 million dollar computer will use AI to help it achieve 400 petaflops or 400 quadrillion operations per second to innovate in healthcare and drug discovery. Join me each week for positioning analysis! Learn how interest rates impact currency markets here: https://t.co/ERyiY47G5H https://t.co/LRL1iD3JDt, Even though the Australian Dollar lost some ground this week, support levels held. The IG Client Sentiment (IGCS) implies that 27.99% of retail traders are net long the S&P 500.

These jumps are believed to be rare, and probably happen due to a specific set of circumstances that cannot necessarily be predicted. Tom Hoffman Jr., co-owner and chief executive of … *IG Client Sentiment Charts and Positioning Data Used from July 21 Report, --- Written by Daniel Dubrovsky, Currency Analyst for DailyFX.com, To contact Daniel, use the comments section below or @ddubrovskyFX on Twitter. This has exposed the December 31st high at 0.6756. or, by Naomi Forrester-Soto, The Conversation. Upside exposure has increased by 16.24% and 19.82% over a daily and weekly basis respectively. More importantly, it’s sitting pretty right now as a “Strong Buy” in my Portfolio Grader with an overall grade of “A,” an “A” in Earnings Growth and an “A” for its Quantitative Grade. It’s even released new AI-enhanced video conferencing software called Maxine to boost the performance of those video chats we’ve become accustomed to in the pandemic. If prices do retreat, the 20-day SMA sits below and may keep losses at bay. Nasdaq 100, DAX 30, Nikkei 225 Forecasts Ahead of Big Tech Earnings, Euro Forecast: ECB Meeting to Determine Next Major Move in EUR/USD, Gold Forecast: XAU/USD at the Mercy of a Fiscal Stimulus Deal, US Dollar Technical Forecast: EUR/USD, AUD/USD, GBP/USD, Australian Dollar Technical Forecast: AUD/USD, AUD/JPY, EUR/AUD, GBP/AUD, Pound Technical Analysis: GBP/USD Maintaining Bullish Structure. Science X Daily and the Weekly Email Newsletter are free features that allow you to receive your favorite sci-tech news updates in your email inbox, the true number of Mayaro cases isn't being reported, Follow the latest news on the coronavirus (COVID-19) outbreak, How the appreciation of beauty can foster perceptual learning, Evidence found of link between gut microbe deficiency and autism spectrum disorder, Researchers find that patients with acne have reduced expression of the protein GATA6, An algorithm that predicts the chances of a person with a latent infection developing tuberculosis, Study of chess player performance over many years suggests brain peaks at age 35. Given this, where should we be looking for the virus that might cause the next epidemic? It's also often misdiagnosed as dengue fever, meaning the true number of Mayaro cases isn't being reported. Thank you for taking your time to send in your valued opinion to Science X editors. This is now letting us investigate what it is about bats that means they're so often involved in viruses crossing into humans. Given the similarity of SARS-CoV-2 to coronaviruses found in bats, this probably marked the beginning of COVID-19 too.

Much like with AUD/USD, negative RSI divergence is present here which may precede a turn lower. AUD/USD surged past the key resistance range between 0.7015 – 0.7064, setting course to retest highs from 2019. Defeat the virus, then get people back to work. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. In Growth Investor, we’re well-positioned to benefit from technology trends like AI. Recent changes in sentiment warn that the current price trend may soon reverse lower despite the fact traders remain netshort. In the highly connected world of today, this could be halfway around the globe. In other words, this tech juggernaut has been firing on all cylinders. My video on it all: https://www.dailyfx.com/forex/video/daily_news_report/2020/10/24/EURUSD-a-Top-Volatility-Risk-This-Week-but-Election-Anxiety-May-Keep-Markets-From-Trends.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/t14eT2SMa7, An economic calendar is a resource that allows traders to learn about important economic information scheduled to be released. Case in point: NVIDIA Corp. (NASDAQ:NVDA), a stock I’ve had in my Growth Investor portfolio since May 10, 2019. However, other recent work suggests that viruses emerge more commonly from bats simply because there's a high number of bat species, rather than bats themselves being an exceptional host. It’s a fitting illustration of why an index fund like SPY may be OK for your portfolio, but it’s nowhere near what you’d get in individual stocks if you do a little extra work and a little extra thinking each year to choose better (or let me do it for you.). Contrast that with the 19% gain with the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) over the same timeframe. Until the virus is under control, the US economy won’t be able to properly heal, plain & simple. Top of my watch list this week will be $EURUSD. And if you sign up for Growth Investor now, I’ll tell you everything you need to know about the AI industry in my special report The A.I. Where to Look for the Next Tech Breakout This tech juggernaut has been firing on all cylinders By Louis Navellier , Editor, Growth Investor Oct 8, 2020, 4:46 pm EDT October 8, 2020 Copyright ©

In that event, keep an eye on the 20-Day Simple Moving Average (SMA) for support. Find out more about top cryptocurrencies to trade and how to get started. Registered Address: 32 Old Slip, Suite 803; New York, NY 10005.