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Nvidia (NVDA) Shares Surpass $200 in After-Hours Trading Following Earnings Report

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Nvidia (NVDA) Shares Surpass $200 in After-Hours Trading Following Earnings Report

Yesterday, the world’s most valuable company, Nvidia, released its quarterly earnings, which exceeded expectations:
→ Earnings per share: actual = $1.62 (forecast = $1.53);
→ Revenue: actual = $68.13 billion (forecast = $66.13 billion).

Sentiment was further supported by the chipmaker’s guidance for first-quarter revenue above market estimates, reflecting continued heavy spending by major technology companies on artificial intelligence processors.

As the Nvidia (NVDA) share price chart shows, the stock rose above the psychological $200 level in after-hours trading, but subsequently pulled back, which may point to excessive optimism and aggressive selling pressure.

Technical Analysis of the Nvidia (NVDA) Chart

On 10 February, when analysing NVDA price movements, we:
→ reaffirmed the validity of the long-term ascending channel (which remains intact) and highlighted the importance of the $192.50 resistance level;
→ suggested that the initiative was on the side of the bulls, who were aiming to resume the long-term uptrend towards the psychological $200 mark.

Since then:
→ NVDA formed a pullback from the указанного resistance level towards the 50–61.8% Fibonacci retracement zone;
→ on 17 February, it resumed its advance, supported by a short-term ascending channel (marked in black), ultimately reaching $200.

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Overall, the picture appears constructive, and the next potential target for NVDA may be the median line of the long-term channel. However, it is worth recalling the recent experience of other technology giants whose shares rallied briefly after earnings before turning lower (for example, Meta). The sharp reversal from above the $200 mark lends weight to this scenario.

Therefore, if bulls are to confirm control over NVDA shares, it is important for the price to hold above the $192.50 level.

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This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Crypto World

ECB Opens Work on ATM, Payments for Digital Euro

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ECB Opens Work on ATM, Payments for Digital Euro

The European Central Bank (ECB) is seeking industry experts to contribute to workstreams focused on how the digital euro central bank digital currency would function across ATMs, payment terminals and acceptance infrastructure. 

In an announcement published Wednesday, the ECB opened applications for two workstreams under its Rulebook Development Group (RDG), covering implementation specifications for ATM and terminal providers, as well as certification and approval frameworks for payment solutions. 

The initiative revolves around defining how a potential digital euro would integrate with existing payment systems and hardware, including support for offline transactions and interoperability with standards used across Europe. 

The move signals a deeper shift from policy design toward implementation planning, with the ECB seeking input on how a digital euro would work across ATMs, payment terminals and related infrastructure, including offline use and existing technical standards.

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Related: ECB reveals Appia roadmap for central bank money in Europe’s tokenized markets

Workstreams target ATM integration, certification frameworks

According to the ECB, one workstream will focus on developing implementation specifications for ATM and terminal providers. This includes communication technologies, offline functionality and the reuse of existing payment standards. 

The second workstream will develop proposals for testing, certification and approval processes for payment solutions and infrastructure used by payment service providers within the digital euro ecosystem. 

Related: Stablecoins could weaken bank lending and monetary policy in Europe: ECB

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The workstreams will report to the RDG, which includes representatives from merchants, payment service providers and consumers. 

The ECB said selected experts are expected to provide technical input to support the development of a standardized rulebook.

ECB targets 2027 digital euro pilot

The ECB previously outlined plans to start selecting European Union-licensed payment service providers (PSPs) ahead of a 12-month digital euro pilot expected to start in the second half of 2027

On Feb. 18, ECB Executive Board Member Piero Cipollone said the pilot would involve a limited number of merchants, Eurosystem staff and PSPs. 

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Digital euro pilot information. Source: ECB

While the developments point toward continued progress on a digital euro, the ECB said a final decision on whether to issue it will only be taken after the relevant legislation is adopted.