Euro vs US Dollar Technical Analysis The Euro has rallied a bit during the trading session on Monday, reaching toward the 1.08 level, an area that has been important multiple times. At this point, I w...
Tag: forecast
Zoom Video share price forecast after Q1 results
Zoom Video Communications, Inc. (NASDAQ: ZM) reported strong first-quarter results this Monday, and the company’s shares advanced more than 20% on a weekly basis. The company’s management updated fina...
Natural Gas Price Fundamental Daily Forecast – Weak Longs Bail on Output Rise, Lower Short-Term Demand
Natural gas futures are trading lower at the mid-session on Friday following the previous session’s technical reversal top. Earlier in the session, prices fell about 5%, hitting a one-week low amid re...
S&P 500 Price Forecast – S&P 500 Enters Major Resistance Zone
S&P 500 Technical Analysis The S&P 500 has rallied quite nicely during the trading session on Friday, showing signs of strengthening again. That being said, the area between 4100 and 4150 has ...
IBEX 35 index forecast for June 2022
Spain’s IBEX 35 index has advanced above 8,900 points on Friday following better-than-expected data from Spain and optimism on Wall Street. Spain reported that retail sales rose by 5.3% in April, whic...
EUR/USD Weekly Price Forecast – Euro Has an Explosive Week
Euro vs US Dollar Weekly Technical Analysis The Euro rallied rather significantly during the course of the trading week to break well above the 1.07 level. There is a significant amount of resistance ...
Top Crypto Analyst Plots Path for Potential Bitcoin Breakout, Updates Forecast for Ethereum
Popular crypto trader Michaël van de Poppe predicts Bitcoin (BTC) will breach $30,000 soon. The crypto analyst tells his 605,300 Twitter followers how BTC can reach $32,800. “Simple, looking at $28,80...
Macy’s (M) reports Q1 2022 earnings beat, raises forecast
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images Macy’s on Thursday reported fiscal first-quarter profits and sales ahead o...
USD/TRY forecast and the CBRT interest rate decision preview
The Turkish lira continued its downward trend ahead of the upcoming interest rates by the Central Bank of the Republic of Turkey. The USD/TRY pair rose to a high of 16.36, which was the highest level ...
NZD/USD forecast as the RNBZ gears for more hikes
The NZD/USD price continued grinding on Wednesday after the latest interest rate decision by the Reserve Bank of New Zealand (RBNZ). The pair rose to a multi-week high of 0.6510, which was about 4.70%...
Where to buy Snap stock: it has shed 43% today after slashing its quarterly forecast
SNAP stock has shed over 43% over the last 24 hours after the company slashed its quarterly forecast citing the worsening economy. In a US filing, Snap said: Are you looking for fast-news, hot-tips an...
Zoom Jumps on Sales Forecast, Signaling Success of New Products
(Bloomberg) — Most Read from Bloomberg Zoom Video Communications Inc. offered a glimpse of optimism that it can expand beyond its consumer-friendly video software that helped the company to a pa...
Snap Falls After Cutting Revenue Forecast, Slowing Hiring
(Bloomberg) — Snap Inc. cut its revenue and profit forecasts below the low end of its previous guidance, sending shares plunging as much as 31% and pushing other social media stocks down. Most R...
Gold Forecast – Gold Prices Show Signs of Bottoming
Gold bugs will be happy to know the 5-year chart suggests a simple pause before new highs (see below). Metals and miners could drop further over systemic market risk, but the technicals are starting t...
Here’s a Realistic Cardano (ADA) Forecast if Crypto Bear Market Continues, According to Analyst Benjamin Cowen
Widely followed crypto analyst Benjamin Cowen is offering up some price targets for Cardano (ADA) should the bear market for digital assets intensify. In a new strategy session, Cowen tells his 743,00...
GBP/USD Weekly Price Forecast – The British Pound Slams Into Resistance
British Pound vs US Dollar Weekly Technical Analysis The British pound has turned around to show signs of strength, perhaps trying to recover the oversold condition. The candlestick is rather impressi...
Bitcoin Forecast – Price Must Hold $28,000 to Prevent Total Collapse
Motley Fool Why Shares of MicroStrategy Were Rising Today Shares of the business intelligence company MicroStrategy (NASDAQ: MSTR), which also buys and holds a lot of Bitcoin, were more than 10% highe...
Cisco (CSCO) Stock Tanks Following Company’s Forecast of Significant Revenue Decline
According to the company, Covid-19 lockdowns in China and the war between Russia and Ukraine have been the key factors that affected its financial results. Cisco Systems Inc (NASDAQ: CSCO), an America...
JPY forecast amid the Bank of Japan keeping the monetary policy easy
The rapid depreciation of the Japanese yen (JPY) in the last couple of years led to one of the most impressive moves seen in the FX market in recent history. The yen simply melted, losing value agains...
Goldman Sachs cuts its China GDP forecast on Covid controls
Since March, mainland China has struggled to contain its worst Covid outbreak in two years. Notably, the metropolis of Shanghai, pictured here on May 18, only started this week to begin discussing res...
GBP/USD Price Forecast – British Pound Slams Into a Large Round Number
British Pound vs US Dollar Technical Analysis The British pound has rallied significantly during the course of the trading session on Tuesday to reach the 1.25 level, an area that obviously would caus...
Walmart Gets Hammered by Worst Drop Since 1987 on Forecast Cut
(Bloomberg) — Walmart Inc. tumbled the most in almost 35 years after cutting its full-year profit forecast due to inflationary pressures, especially in food and fuel. Most Read from Bloomberg Th...
EUR/USD forecast as ECB member hints at a 0.50% hike
The euro went parabolic on Tuesday after the relatively hawkish statement by the Dutch central bank president. The EUR/USD pair rose to a high of 1.0545, which was the highest level since May 11th. It...
EUR/USD Price Forecast – Euro Continues to Attempt a Recovery
Euro vs US Dollar Technical Analysis The Euro has rallied ever so slightly during the trading session on Monday as we continue to see the Euro try to regain some footing. That being said, the market c...
EUR/GBP price forecast after better than expected UK employment data
EUR/GBP reacted the most to the better than expected UK employment data. Earlier today, the Claimant Count Change and the Unemployment Rate declined more than the market expected, triggering a rally f...
GBP/USD Price Forecast – The British Pound Gives Up Early Gains
British Pound vs US Dollar Technical Analysis The British pound initially tried to rally during the trading session on Monday but gave back early gains as we continue to see a lot of resistance above....
Goldman Sachs calculates a worst-case recession forecast as investors dump stocks and crypto
Stocks limped across the finishing line on Friday to close lower for a sixth consecutive week, a losing streak as bad as any that investors have seen over the past decade. As gutting as that sounds, G...
USD/CHF forecast as the Swiss franc sell-off accelerates
The Swiss franc relentless crash continued on Monday. The USD/CHF pair has risen in the past seven straight weeks and is trading at the highest point since May 2019. Similarly, the EUR/CHF pair has ri...
Crypto Market Forecast: Buy On BoostX Before Terra (LUNA) and Ethereum (ETH) Recover
Place/Date: – May 15th, 2022 at 4:32 pm UTC · 3 min read Source: BoostX The recent crypto market crash has left many fearing for their investments and even some of the most famous crypto billion...
Dow Jones, the S&P 500, and Nasdaq price forecast after Friday’s gains
Wall Street’s three main indexes advanced on Friday after Federal Reserve Chair Jerome Powell said that a 75 basis point increase is not being “actively” considered. Federal Reserve Chairman Jerome Po...
GBP/USD Weekly Price Forecast – The British Pound Continues to Meltdown
British Pound vs US Dollar Weekly Technical Analysis The British pound initially tried to rally during the trading week, but then fell apart as it looks like we are going to continue to see a massive ...