Nvidia's stock has fallen below its 50-day moving average for the first time since May, dropping over 4% and erasing more than $340 billion in market value amid broader market concerns and a tepid revenue forecast, though it remains significantly up from April lows and is still the world's largest company by market cap.
This article discusses the technical levels that will shape the bias in the upcoming trading week. It highlights the high risk involved in foreign exchange trading and advises investors to carefully consider their investment objectives and risk tolerance. The article also emphasizes the importance of analyzing opinions and recommendations from various sources before making trading decisions.
Bitcoin and other cryptocurrencies are stable as the monthly US jobs report approaches. The digital assets are at crucial technical levels and are susceptible to macroeconomic forces, which could lead to potential volatility.