Gold Market Technical Analysis Gold markets have gone back and forth during the trading session on Thursday, as we have seen more volatility in the marketplace. That being said, the $1800 level is an ...
Tag: forecast
AUD/USD Price Forecast – The Australian Dollar Continues to Attempt a Bounce
Australian Dollar vs US Dollar Technical Analysis The Australian dollar initially pulled back during the trading session on Thursday, as we have seen a lot of volatility and negativity out there. That...
Micron Issues Muted Sales Forecast On Demand Weakness
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even as it reported a strong rise in earnings for its latest quarter. “Recently, the industry demand environmen...
Silver Price Forecast – Silver Gives Up Early Gains to Show Weakness Again
Silver Markets Technical Analysis Silver markets have initially tried to rally during the Wednesday trading session, but the $21 level seems to have been a bit too much to overcome. By doing so, the m...
Veteran Trader Tone Vays Updates Bitcoin Forecast As BTC Clings to $20,000
Veteran crypto trader Tone Vays warns that the recent price action of Bitcoin (BTC) is not encouraging. In a new video, Vays tells his 121,000 YouTube subscribers that technical indicators suggest Bit...
EUR/USD price forecast amid inflation reaching 10.2% in Spain
The last trading week of June is a special one for FX traders. First, the trading month ends on Thursday, and so the volatility is expected to increase during the main fixing times. Second, June’s NFP...
USD/JPY Price Forecast – The US Dollar Continues to Power Higher
US Dollar vs Japanese Yen Technical Analysis The US dollar has rallied again during the trading session on Tuesday as we are breaking above the ¥136 level yet again. This is an area that has been impo...
Silver Price Forecast – Silver Markets Continue to Chop
Silver Markets Technical Analysis Silver markets have been very noisy during the trading session on Tuesday, as we continue to sit on top of the $21 level. The $21 level is an area that has been somew...
U.S. Auto Sales Forecast Gets Another Haircut, Mostly Due To Low Supplies
Forecasters trim expectations for improvement in U.S. auto sales this year. Low inventory is mostly … [+] to blame. Portland Press Herald via Getty Images Cox Automotive cut its 2022 U.S. auto s...
Chillz Value Forecast for June 28: CHZ/USD Moves Higher
CHZ/USD displaces LUNC/USD to get to the top position on today’s crypto daily mover list. Chillz move just 7.46% today, but it was enough to earn it the number one spot on the list. Chillz present pri...
US dollar forecast ahead of consumer confidence data
The US dollar index declined for the second straight day as investors waited for the upcoming consumer confidence data. The DXY index dropped to a low of $104, which is about 1.72% below the highest l...
GBP/USD Price Forecast – The British Pound Continues to Be Noisy
British Pound vs US Dollar Technical Analysis The British pound rallied ever so slightly during the trading session on Friday but has also given back some of the gains just above the 1.23 level. Ultim...
Bitcoin Forecast Increased to $95,000 by End of 2023, Says Analyst; Here’s Why
Tomiwabold Olajide Bitcoin might more than quadruple from its current level to reach $95,000 by 2023: Mark Palmer Mark Palmer, an analyst at BTIG, forecasts that Bitcoin might more than quadruple from...
Axie Infinity Value Forecast for June 24: AXS/USD Inches Higher
AXS/USD rose to the top of the crypto daily mover list. This crypto moved roughly 14% up in price. The AXS/USD dethroned Enjin to claim the top spot on the daily mover list today. Axie Current Price: ...
Snowflake price forecast: JPMorgan sees a 30% upside
Shares of Snowflake Inc (NYSE: SNOW) are up 10% on Thursday after a JPMorgan analyst turned bullish on the cloud computing–based data warehousing company. Snowflake could be a $165 stock Mark Mu...
Turkish lira forecast after the mild CBRT decision
The USD/TRY price continued rising after the Turkish Central Bank (CBRT) concluded its two-day monetary policy meeting. The pair is trading at 17.36, which is slightly below the all-time high of 18.32...
Enjin Value Forecast for June 23: EJN/USD Moves Higher
Today ENJ/USD topped the crypto daily movers list by moving approximately 14% up in price. The crypto dethroned Enjin, which was the crypto that dethroned STORJ. Enjin Current Price: $0.5250Enjin Mark...
CAC 40 index forecast for July 2022
France’s CAC 40 index has weakened below 6,000 points, stocks are suffering from heavy selling due to hawkish signals from central banks, and investors are worried that an aggressive monetary policy c...
GBP/USD Price Forecast – The British Pound Continues to Struggle With the Upside
British Pound vs US Dollar Technical Analysis The British pound has rallied a bit to kick off the Tuesday session, but it does seem as if we are struggling just a bit to continue to the upside. I thin...
Natural gas: Goldman Sachs revises Q3’22 forecast to the upside
Natural gas price in Europe has been on an uptrend as the previously evasive zone of 80 euros remains a steady support level. According to Goldman Sachs, this trend is set to continue into coming mont...
S&P 500 Price Forecast – S&P 500 Attempts to Stabilize
S&P 500 Technical Analysis The S&P 500 initially pulled back a bit during the trading session on Monday and then turned around to recapture the 3700 level in the futures market. At this point,...
Analyst Who Saw 2022 Bitcoin Crash Coming Updates BTC and Ethereum Forecast, Issues Fresh Alert for Crypto Traders
A popular crypto strategist who has accurately sounded the alarm on crashing crypto prices this year is now updating his forecast for the top two digital assets. The pseudonymous crypto trader known a...
Bitcoin price forecast after the Central African Republic’s big bet
Bitcoin BTC/USD is the largest cryptocurrency in terms of market capitalization, even despite the recent bearish run it has experienced. Hovering around the $20,000 price point, Bitcoin might represen...
Scottish Mortgage Investment Trust (SMT) share price forecast
The Scottish Mortgage Investment Trust (LON: SMT) share price has been in a deep sell-off in this year as concerns about growth continues. The stock is trading at 705p, which is about 54% below its hi...
Copper price forecast after hitting a fresh YTD low
Copper price has extended last week’s losses to trade at its lowest level year-to-date. The red metal is hovering around a zone last hit in mid-August 2021. As at the time of writing, it was trading a...
Stock Market Forecast For Next Six Months Holds Big Risks For Dow Jones — But Hope Too
The stock market took a pounding in the first half of 2022. It’s now making new lows since Fed Chairman Jerome Powell’s decision to raise interest rates more aggressively, leaving stocks w...
Tapestry stock price forecast: Jefferies sees a 40% upside
Tapestry Inc (NYSE: TPR) is up 5.0% on Wednesday after a Jefferies analyst said the stock was a “major opportunity” for investors interested in playing the retail space. Tapestry Inc could...
GBP/USD price forecast ahead of the Fed and the BOE’s decisions
This week is full of important central banks’ decisions – the Fed, BOE, SNB, and BOJ are due in the next couple of days. On top of that, the ECB has announced an ad-hoc meeting today, sending the Euro...
USD/CHF forecast ahead of the SNB and Fed rate decision
The USD/CHF price rose to parity for the first level since May ahead of the upcoming interest rate decisions by the Federal Reserve and the Swiss National Bank (SNB). It is trading at 1.0004, which is...
Despite Economic Headwinds Agencies Forecast A Strong Ad Market For Second Half In The Year
The Men’s FIFA World Cup from Qatar begins on November 21 and runs through December 2022. It is a … [+] cyclical event that will boost the ad economy in the second half of 2022. (AP Photo/...
Opinion: The chip boom likely over, as Micron says it’s in a ‘downturn’
The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting a massi...