Gold Market Technical Analysis Gold markets have gotten absolutely slaughtered during the trading on Monday as the 10-year yield broke above the 3.25%. Quite frankly, this is a horrific candlestick, a...
Tag: forecast
EUR/USD Price Forecast – Euro Continues to Lose Ground
Euro vs US Dollar Technical Analysis The Euro has fallen again during the trading session on Monday as we continue to see a lot of risk appetite destroyed. At this point, the US dollar continues to be...
Trader Who Accurately Called Bitcoin Plunge Below $23,000 Updates Crypto Forecast
A popular crypto trader who has long predicted a Bitcoin nosedive below $23,000 is updating his forecast now that his initial target has been hit. The pseudonymous analyst who goes by the name Capo is...
DeVere Group CEO Predicts A BTC Bull Run In Q4, In Contrast To Peter Schiff’s Gloomy Forecast
The big boss of Devere Group believes in the potential of Bitcoin as a hedge against inflation, despite the ongoing chaos in the crypto market. Devere Group CEO Nigel Green forecasts that the price of...
Silver price forecast following a ferocious COVID-19 outbreak in Beijing
Silver price has edged lower in Monday’s session as a reaction to a stronger US dollar and higher Treasury yields. In the ensuing sessions, the focus will be on the Fed interest rate decision schedule...
GBP/USD forecast as the UK enters an era of stagflation
The GBP/USD continued its meltdown after the relatively weak UK GDP data and the rising worries of a recession. The pair crashed to a low of 1.2267, which was the lowest level since May 16th. It has f...
S&P 500 Price Forecast – Stock Markets Take Another Body Blow
S&P 500 Technical Analysis The S&P 500 has fallen hard during the Friday session as the stock market has taken another body blow. The inflationary number was much higher than anticipated, and ...
The forecast on the mass adoption of Bitcoin
New report from the Intelligence division of Blockware Solutions analyzes and predicts the adoption rate of Bitcoin and other disruptive technologies. Blockware Intelligence’s report: an analysis of ...
USD/JPY Price Forecast – US Dollar Pulls Back Slightly
US Dollar vs Japanese Yen Technical Analysis The US dollar has pulled back significantly during the trading session on Friday but has also found buyers underneath to turn things around and show signs ...
USD/CAD forecast ahead of Canada jobs and US inflation data
The USD/CAD price has staged a strong recovery ahead of the upcoming US consumer inflation and Canada’s May jobs numbers. The pair rose to a high of 1.2743, which was the highest level since May 27th ...
USD/CNY forecast as China economy stages a comeback
The USD/CNY pair rose for the fourth straight day after the latest Chinese trade and consumer inflation data. It rose to a high of 6.6934, which was the highest level on June 2nd this year. It has ris...
DXY price forecast after strengthening two weeks in a row
The trading week is not over yet, and anything is possible in the hours left until the end of the day. Nevertheless, the Dollar index’s (DXY) resilience is one to notice, especially this week. Partici...
Veteran Trader Peter Brandt Unveils Big Downside Target for Ethereum in New ETH Forecast Update
A closely followed veteran crypto trader thinks Ethereum (ETH) could drop lower to $1,268 before rebounding back up. Peter Brand tells his 647,800 Twitter followers ETH may be in a descending triangle...
Robinhood stock price forecast ahead of SEC PFOF Change
The Robinhood (NASDAQ: HOOD) stock price is hovering near its all-time low ahead of an important statement by Gary Gensler of the SEC. The stock is trading at $8.75, which is close to its all-time low...
Lloyds share price forecast amid UK stagflation and hawkish BOE
The Lloyds (LON: LLOY) share price has been in a recovery mode as investors wait for next week’s interest rate decision by the Bank of England (BOE). The shares are trading at 45.80p, which is about 2...
AUD/USD price forecast after the RBA’s surprise rate hike
This week, one of the two central banks scheduled to release their monetary policy surprised markets with a bigger than expected rate hike. In Australia, the Reserve Bank of Australia (RBA) lifted the...
Fidelity Macro Analyst Makes Long Term Bitcoin Forecast Using New Trading Models
Fidelity’s director of global macro Jurrien Timmer is updating his long-term forecasts for Bitcoin (BTC) as the leading crypto asset by market cap struggles near the $30,000 mark. In a lengthy thread,...
Crypto Capitalist Arthur Hayes Details Massive End-of-Year Forecast for Ethereum (ETH)
Former BitMEX CEO Arthur Hayes is reasserting his call for a parabolic price rally for Ethereum (ETH) near the end of this year. In a recent blog post, Hayes says he’s sticking to his prediction that ...
Gold Weekly Price Forecast – Gold Markets Continue to Show Volatility
Gold Weekly Technical Analysis Gold markets have gone back and forth during the trading week as we have been hanging around the 50 Week EMA. At this point, the market looks as if we are going to conti...
EUR/USD Weekly Price Forecast – Euro Continues to Fight
Euro vs US Dollar Weekly Technical Analysis The Euro has gone back and forth during the course of the weekends we continue to see a lot of volatility. The 1.08 level looks to offer quite a bit of resi...
DAX index forecast for June 2022
Germany’s DAX index weakened on Friday as data showed a loss of momentum in private business conditions in the eurozone. The S&P Global Eurozone PMI Composite Output Index fell to a four-month low...
Asana share price forecast after Q1 results
Asana, Inc (NYSE: ASAN) shares have weakened more than 5% after the company reported its first-quarter results that failed to impress analysts who raised concerns over its margin profile and continued...
LUNA 2.0 Price Forecast – How High Can it Go
As a plan to resurrect LUNA from the valuation pit, Terraform Labs announced their plan to launch LUNA 2.0 in the third week of May. A major part of the community was in favor of this decision, which ...
Generac stock price forecast: UBS sees a 70% upside from here
Shares of Generac Holdings Inc (NYSE: GNRC) are up more than 10% on Thursday after UBS said the Wisconsin-headquartered company was its top pick in alternative energy. Generac stock could climb to $45...
Delta Air Lines lifts Q2 forecast: ‘demand is phenomenally strong’
Shares of Delta Air Lines Inc (NYSE: DAL) are down roughly 5.0% on Wednesday even after the air carrier said its revenue will recover back to 2019 levels in the current quarter. Delta is seeing phenom...
Delta hikes sales forecast to pre-pandemic levels as demand and fares rise
Delta airplanes are seen at John F. Kennedy International Airport during the spread of the Omicron coronavirus variant in Queens, New York City, U.S., December 26, 2021. Jeenah Moon | Reuters Delta Ai...
USD/CAD forecast: Downtrend intact ahead of BOC decision
The USD/CAD price retreated to the lowest level since April 22nd ahead of the upcoming interest rate decision by the Bank of Canada (BOC). The pair is trading at 1.2655, which is about 3.26% below the...
HP earnings beat expectations, company raises forecast
HP CEO Enrique Lores says nothing in his company’s latest quarterly numbers suggest economic growth is poised to fall off a cliff this year. HP beat analyst profit forecasts for its fiscal secon...
USD/JPY Price Forecast – US Dollar Attempting Recovery
US Dollar vs Japanese Yen Technical Analysis The US dollar has rallied against the Japanese yen during the trading session on Monday to break back above the ¥127.50 level. By doing so, it suggests tha...
S&P 500 Price Forecast – Memorial Day Produces a Quiet Futures Market
S&P 500 Technical Analysis The S&P 500 contract rose slightly in the futures markets on Monday, to reach the 50 Day EMA. That being said, we have also pulled back from it to form a bit of a sh...
Crude Oil Price Forecast – Crude Oil Markets Continue to Power Higher
WTI Crude Oil Technical Analysis The West Texas Intermediate Crude Oil market has rallied again during holiday trading on Monday, as we have seen further buying. That being said, liquidity was very th...
Gold Price Forecast – Gold Markets Hover Near the 200 Day EMA
Gold Market Technical Analysis Gold markets have gone back and forth during the day on Monday as we continue to dance around the 200 Day EMA. At this point, the market is trying to figure out where to...