Germany’s DAX index advanced on Friday and closed the week above 14,000 points even as investors digested rising inflation as well as a decline in euro area industrial production. According to the Fed...
Tag: forecast
AUD/USD Price Forecast – Australian Dollar Continues to Drift Lower
Australian Dollar vs US Dollar Technical Analysis The Australian dollar has fallen somewhat hard during the Thursday session as we continue to see a lot of trouble in this market. The Aussie dollar is...
BTC Price Forecast: Is $26K The Local Bottom? Or More Downtrend On Horizon? – Coinpedia – Fintech & Cryptocurreny News Media
The present crypto crash has taken a troll among investors and traders as the bear cycle has not pitied any cryptocurrencies including stablecoins. Bitcoin was supposed to reclaim $30,000, instead, th...
Silver Price Forecast – Silver Markets Collapse
Silver Markets Technical Analysis Silver markets have fallen somewhat hard during the trading session on Thursday as we have breached the $21 level. This is an area that was rather important support p...
EUR/USD Price Forecast – Euro Breaks Through Support
Euro vs US Dollar Technical Analysis The Euro has found itself in a mess during the trading session on Thursday as we have sliced through the 1.05 level. The 1.05 level is a prominent, round, psycholo...
Top Crypto Analyst Says One Altcoin Has Dropped to ‘Once in a Lifetime Opportunity’, Updates Bitcoin and Ethereum Forecast
A widely-follower crypto analyst says Bitcoin (BTC) could test the $24,000 range before moving up. Crypto trader Michaël van de Poppe tells his 598,300 Twitter followers that BTC must break $29,600 to...
Silver Price Forecast – Silver Markets Slam Into Resistance
Silver Markets Technical Analysis Silver markets have rallied rather significantly during the trading session on Wednesday, as CPI numbers came out hotter than anticipated. That being said, this is mo...
USD/MXN price forecast ahead of Banxico rate decision
The Mexican peso will be in the spotlight as the Banxico delivers its interest rate decision. The USD/MXN pair has risen to a high of 20.50 even as most analysts expect another rate hike. It has risen...
GBP/USD Price Forecast – British Pound Continues to Consolidate at Low Levels
British Pound vs US Dollar Technical Analysis The British pound has gone back and forth during trading on Wednesday as we continue to see a lot of back and forth in this general vicinity. The 1.2350 l...
EUR/USD Price Forecast – Euro Continues to Hover Just Above a Major Support Level
Euro vs US Dollar Technical Analysis The Euro has found enough support near the 1.05 level to show signs of life again, despite the fact that CPI numbers have come out hotter than anticipated in Ameri...
AUD/USD Price Forecast – Australian Dollar Gives Up Early Gains
Australian Dollar vs US Dollar Technical Analysis The Australian dollar initially tried to rally during the trading session on Tuesday but gave back gains as we broke above the 0.70 level. It is worth...
LUNA price forecast: can the token recover after its collapse?
Terra LUNA/USD is a decentralized finance blockchain that aims to build a powerful global payments network. It was specifically developed to disrupt the traditional banking system through the mass ad...
Plugin Weather Forecast Node by XDC Supercharges Climate Data Modules with Blockchain Instruments
Vladislav Sopov Powered by XDC Network’s distributed infrastructure, Plugin Weather Forecast Node changes the narrative in real-world adoption of blockchain tools With the growing threat of climate ch...
Copper price forecast: corrective rebound or short-term bottom?
Copper price is on a corrective rebound after hitting a fresh year-to-date low at the beginning of the week. The easing of the US dollar’s rallying is largely behind the bounce back. Nonetheless, it r...
Plugin’s Weather Forecast Node Is Here to Solve the Weather Data Problem
Plugin’s Weather Forecast Node enables efficient weather data through blockchain mitigating the problems of climate change. Plugin comes with a new Weather Forecast Node (WFN). Weather data through Pl...
EUR/USD price forecast amid dropping below COVID-19 lows
EUR/USD drop from 1.22 is nothing short of impressive. In hindsight, the bearish trend is so evident that it would have been impossible for traders to miss it. Yet, a close look at the fundamentals at...
Upstart shares plummet 60% after company cuts full-year revenue forecast
In this photo illustration an Upstart Holdings logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Upstart plummeted Tuesday after the artificial in...
Upstart stock price forecast after falling like a rock
The Upstart (NASDAQ: UPST) stock price has crashed as investors focus on the company’s results and forward guidance. The shares plummeted by more than 50% to about $36, which is lower than its Monday’...
Coinbase stock price forecast: BTIG sees a 500% upside
Coinbase Global Inc (NASDAQ: COIN) is a stock destined to eventually reach for the stars, says Mark Palmer. For now, though, the stock’s a nightmare for the shareholders, down more than 65% for ...
USD/CNY forecast as the Chinese yuan meltdown continues
The Chinese yuan is going through its worst devaluation since 2018 as signs of economic slowdown emerge. The USD/CNY has risen in the past five straight weeks and is currently trading at the highest l...
What is a realistic forecast for Bitcoin at the end of 2022?
Bitcoin experienced a sharper crash after the US Federal Reserve’s interest rates were raised. Not only did Bitcoin prices crash, but the entire cryptocurrency market also went back into a harsh downt...
Clover Health stock price forecast ahead of Q1 earnings
The Clover Health (NASDAQ: CLOV) stock price is hovering near its lowest level on record ahead of the company’s upcoming quarterly results. The shares are trading at $2.79, which is slightly above the...
Under Armour Has Biggest Plunge in 5 Years After Forecast Misses
(Bloomberg) — Under Armour Inc. sank the most in five years after an earnings report revealed it’s struggling with supply-chain issues and pandemic-related shutdowns in China. Most Read from Blo...
Cardano Adoption Is Surging, According to Coin Bureau – Here’s Its Forecast on the Future of the Ethereum Competitor
The host of popular YouTube channel Coin Bureau is looking at the future of Cardano amid the Ethereum Rival’s recent lackluster performance. The pseudonymous crypto analyst known as Guy tells his 2.03...
NFP forecast May 2022: Three forex pairs to trade after today data release
As a week of high impact economic news draws to an end, all eyes will be on today’s Non Farm Payroll data. According to analysts, the U.S. economy added 390,000 jobs in April, a drop from the 431,000 ...
USD/CAD forecast ahead of Canada and US NFP data
The USD/CAD pair is hovering near its highest level this year as investors wait for the upcoming US and Canadian jobs data. It is trading at 1.2828, which is slightly below the year-to-date high of 1....
Etsy stock price forecast: hope for a rebound is fading
It is a bad day for e-commerce companies. The Etsy (NASDAQ: ETSY) stock price collapsed by more than 19% after the company published a weak forward guidance. It dropped to a low of $91, which was the ...
US dollar index forecast as it soars to a 20-year high
The US dollar index (DXY) jumped to the highest level since December 2002 as investors reflected on the relatively hawkish interest rate decision by the Fed. The index is trading at $103.67, which is ...
Shopify stock price forecast amid the Deliverr acquisition
The Shopify (NYSE: SHOP) stock price has collapsed after the firm published weak earnings. The shares are trading at the lowest level since 2020, meaning that they have declined by more than 77% from ...
Silver price forecast amid concerns over the likelihood of a soft landing
Silver price has extended gains from the previous session as the financial markets digest May’s Fed interest rate decision and subsequent statement by the bank’s Chair – Jerome Powell. Even so, a stro...