Forex, Cryptocurrency Update | AMD Shares Drop

Boo. Forex Cryptocurrency Update: Happy Halloween! Here is today’s update on cryptocurrencies and forex.

I’ll be holding a LIVE strategy development webinar tomorrow, Tuesday at 10:30 AM EST for our Premium and PowerCourse members.

I’ll be covering stocks, ETFs, forex and cryptocurrencies investing ideas, as well as any trading-related questions you might have.

Not a member? Join today.

Get my updates. Free.

Forex Update

The U.S. dollar fell on Monday after posting its biggest weekly rise this year last week as investors took profits and grew cautious amid news that President Donald Trump’s former campaign manager faces charges of conspiracy against the United States.

USD/CAD: The USD/CAD pair pulled back right below our resistance level of 1.29 ahead of risk events coming up today. The pair continues above the daily Ichimoku cloud and has already reached our first medium-term profit target that was identified last week.

Learn about Ichimoku Analysis

Economic Calendar: We have a jam-packed economic calendar today, starting with BOJ Kuroda’s speech at a press conference at 6:30 AM GMT. This is followed by Euro-Zone Gross Domestic Product (3Q), as well as their Consumer Price Index Estimate (OCT) at 10 AM GMT.

Canada’s GDP for August and Industrial Product Price (SEP) will be up next at 12:30 PM. Up next is the US Consumer Confidence Index (OCT) at 2 PM. BOC’s Poloz and Wilkins testify at Finance Committee later at 7:30 PM GMT. The combination could add to the USD/CAD rollercoaster ride.

During the next day’s Asian session, New Zealand will release their jobs report to add on to the already high-risk market environment.

Looking for Strategies on Forex, Stocks, ETFs and CryptoCurrencies? Join Premium Investing Group

Cryptocurrency Update

Mining Chip Producer AMD Shares Drop: The essence behind cryptocurrency mining and the blockchain industry, the graphics processor producer AMD stocks have been downgraded. Morgan Stanley reduced its rating for AMD shares as it thinks AMD will face demand problems for its graphics processors next year. Despite this, many experts agree on the huge impact that Blockchain technology will have on fintech in the coming years. Therefore, this pullback in AMD could be temporary.

Free MasterClass: 3 Secrets to Making Your Money Work for You

Russia to Launch Two Cryptocurrency Agencies: In other news, a city in Russia has been selected as a pilot city to launch two cryptocurrency agencies, following mandates by president Vladimir Putin. One is a crypto-advisory agency; the other is a crypto-detective agency. The crypto-advisory agency will be the first in Russia aimed at providing advice to citizens who want to work with cryptocurrencies. While the cryptocurrency industry has been labeled as a bubble by many experts, it could be a while before we see a burst as the demand continues to grow.

Important note on forex cryptocurrency trading: Trading Forex carries a high level of risk. Trading Forex may not be suitable for all investors. As the 4th point of the IDDA, you must calculate your risk tolerance before deciding on the investment strategy that is suitable for your portfolio. We have shared a couple of medium to high-risk trading ideas with our investing group members. Join us to learn more.

Kiana Danial

#1 Best Selling Author. Helping you accelerate your retirement with Triple Compounding™ Former engineer on a mission to help 1 million households take control of their finances. Founder & CEO of Invest Diva.

Bitcoin Drops Entering 2026: Is It Still Worth Investing? The Answer Most Investors Miss

January 2, 2026 No Comments

Bitcoin has entered 2026 under pressure, with prices pulling back after a volatile period that left many investors questioning whether the opportunity has passed. Headlines are once again split between fear and optimism, with some calling the recent drop a warning sign and others viewing it as a healthy reset.

Unlike speculative assets that rely on constant growth stories, Bitcoin’s relevance continues to rest on its role as a scarce, decentralised digital asset that operates outside traditional financial systems. The key question for investors now is not whether Bitcoin will remain volatile – but whether this moment represents risk, opportunity, or something most investors misunderstand.

3 Bullish And 3 Risky Forces Shaping American Express Stock (AXP) Into 2026

December 26, 2025 No Comments

American Express is often viewed as a mature, well understood credit card company, but its role in the financial system is broader than many investors realize.

It sits at the center of consumer spending, business payments, travel, credit risk, and data driven decision making. As these areas evolve, the dynamics shaping American Express stock are becoming more complex and, in some cases, less obvious.

Premium consumer behavior, business spending patterns, regulatory scrutiny, and technological change are all influencing how payment companies operate and compete.

Micron Stock Surges After Blowout Earnings: Is MU Still A Buy In 2026?

December 19, 2025 No Comments

Micron Technology (NASDAQ: MU) has quietly become one of the most important companies supporting the AI boom – even if it doesn’t receive the same attention as Nvidia or other high-profile AI names.

While much of the focus is on GPUs and AI software, Micron operates behind the scenes, supplying the memory that allows AI systems, data centres, and cloud platforms to function at scale.

Following a strong earnings update, Micron’s stock surged and quickly returned to the centre of market attention. The rally reflects growing confidence that the company’s strategic shift away from lower margin consumer products toward higher-value enterprise and data-centre memory is gaining traction.

Why Big Tech Is Quietly Buying Western Digital (WDC) Stock

December 12, 2025 No Comments

Western Digital Corporation (WDC) has been on a tear, its stock price soaring over 270% year-to-date as of early December 2025.

This massive growth isn’t just hype; it’s fueled by a perfect storm of events, including the strategic spin-off of its flash business, SanDisk, and an insatiable global demand for data storage driven by the AI revolution.

As a now “pure-play” Hard Disk Drive (HDD) manufacturer, WDC is uniquely positioned as the landlord for the internet’s exploding data. But with such a meteoric rise, is there still room for growth, or is the stock overheated?

Marvell (MRVL) Stock: The Hidden AI Powerhouse Wall Street Keeps Underestimating

December 5, 2025 No Comments

Marvell Technology (NASDAQ: MRVL) is quickly becoming one of the most important companies in the AI infrastructure space – even though many investors still aren’t sure what the business actually does.

While most headlines focus on Nvidia and its GPUs, Marvell builds the networking, optical, and custom silicon chips that help AI models move data faster and run more efficiently. In its latest earnings report, Marvell posted strong double-digit growth in its data center business and shared bold guidance for the next few years, sending MRVL stock higher.

2 Months Ago Oracle Stock (ORCL) Was Flying And Now… The Mood Has Flipped. Is A Comeback Still On The Table?

November 28, 2025 No Comments

Oracle is one of the biggest names in enterprise software and cloud services. They power databases used by governments, banks, hospitals, airlines, and global corporations. For years they were known for steady tech growth, not big surprises.

Then something wild happened.

Only two months ago Oracle stock was flying. Analysts cheered. AI deals stacked up. The company felt like it had finally stepped into a new era.

Now the mood has flipped.