Today’s instrument is the JPMorgan Chase & Co‘s stock traded in NYSE exchange under the ticker JPM.
Looking at the JPM‘s chart, we can see that it was lastly traded at around $137.80 which is close to its higher price of $138.40 for the year.
This week it is announcing its quarterly earnings and if the market’s anticipation is positive, then we should expect it to rise further to new highs for the year otherwise it could test its support level at around $134, and if it is not able to hold it above that level, then a further drop should be expected towards its next support level at around $130.
Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy. We also offer CFD products. 72.13% of retail CFD accounts lose money. CFDs trading is risky and your entire capital might be at risk. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy.
Recommended content
Editors’ Picks
GBP/USD stays pressured toward 1.2900 ahead of UK Budget Report
GBP/USD remains under pressure toward 1.2900 in the European session after the UK's ONS reported that the annual CPI inflation softened to 2.8% in February from 3% in January. This reading came in below the market expectation of 2.9%, weighing on the Pound Sterling ahead of the UK Budget Report.
EUR/USD wavers near 1.0800, US data eyed
EUR/USD trades sideway near 1.0800 in Wednesday's European trading hours as the US Dollar struggles amid the latest tariff threats by US President Trump. Dovish ECB commentary limits the pair's upside ahead of US data and Fedspeak.
Gold bid with Copper rising to record high on tariff threat
Gold’s price is heading to $3,020 at the time of writing on Wednesday and has turned this week’s performance positive after its initial move lower on Monday. The precious metal is being bought together with other precious metals as Copper pops to a new all-time high.
Shiba Inu Price Forecast: SHIB rallies as trading volume rises 228% amid increase in bullish bets
Shiba Inu (SHIB) price extends its gains by 8% and trades at $0.000015 at the time of writing on Wednesday, rallying over 15% so far this week.
Seven Fundamentals for the Week: Tariff news, fresh surveys, the Fed's preferred inflation gauge are eyed Premium
Reports and rumors ahead of Trump’s reciprocal tariffs announcement next week will continue moving markets. Business and consumer surveys will try to gauge where the US economy is heading. Core PCE, the Fed's preferred inflation gauge, is eyed late in the week.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.