Negative earnings over the past five years, disappointing billings guidance, and overconfidence in its slow AI adoption are concerning. Will the breakdown extend the correction in Atlassian?
USD/CHF is testing key resistance near 0.8150, and a breakout above the 200-day EMA could trigger bullish momentum toward 0.8350, supported by strong fundamentals and SNB posture.
The S&P 500 Index has bounced off its 100-day EMA and reclaimed the Ichimoku cloud, driven by a resurgence in AI stocks, with bulls now targeting the all-time high at $6,900.
The Nasdaq 100 Index is holding above the Ichimoku cloud and key EMAs ahead of major tech earnings, with bullish momentum suggesting a potential retest of its all-time high near $26,143.
A third-quarter earnings beat, a narrowed full-year EPS guidance, and a series of price target downgrades spell potential trouble. Is more selling on the horizon for Duke Energy?
US Dollar a bit weaker on increasing chance of a Fed rate cut, but further significant gains look unlikely today even if $1.3128 is breached.