March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing conflict in Ukraine weighs heavily on a majority of...
Tag: forecast
Crude oil price forecast amid rising optimism over the return of Iranian oil
Crude oil price pulled back from the multi-year high hit earlier in the week amid growing optimism on the return of Iranian oil into the market. Nonetheless, it will likely remain on an uptrend as tra...
US dollar index forecast ahead of the NFP data
The US dollar index (DXY) held steady on Friday morning as investors reflected on the statement by Jerome Powell. It also rose ahead of the upcoming non-farm payrolls (NFP) data from the United States...
Monero price forecast: can XMR hit $200 by the end of March?
Monero XMR/USD is a secure, private, and untraceable cryptocurrency intended to keep any user’s money confidential. It is an open-source cryptocurrency that was initially launched in 2014, and its bl...
Terra price forecast: how far can the LUNA token climb by the end of March, 2022?
The algorithmic stable coin Terra LUNA/USD and its token LUNA have managed to see a huge rally throughout the previous week. After hovering around $50 throughout last week, LUNA has managed to explode...
Shell share price forecast after exiting its Gazprom partnership
The Shell (LON: SHEL) share price will be in the spotlight on Tuesday as investors react to the rising crude oil and gas prices and the company’s exit from Russia amid the Ukrainian invasion. The stoc...
US dollar index forecast as the Russian invasion continues
The US dollar index (DXY) had a strong performance in February in light of the strong economic numbers from the US and the crisis in Europe. It is trading at $96.88, which is about 2.35% above the low...
Lucid slashes 2022 vehicle production forecast
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 14% during after hours tra...
Palladium price forecast: XPD/USD in good shape for fourth week of gains
Palladium price has bounced off last week’s low as the Russia-Ukraine crisis remains a major bullish driver. Investors remain keen on how far the Russian leader is willing to go in his attack on Ukrai...
DAX index forecast for March 2022
Germany’s DAX index weakened on a weekly basis as the uncertainty of potential outcomes between Ukraine and Russia continues to worry investors. The war between Ukraine and Russia is slowing the hawki...
Terra, Ethereum Classic, Waves price forecast for March 2022
The cryptocurrency market is advancing this Saturday, and this situation also supports the price of Terra LUNA/USD, Ethereum Classic ETC/USD, and Waves WAVES/USD. According to David Meger, director of...
Dell Falls on Disappointing Profit Forecast, Higher Tax Bill
(Bloomberg) — Dell Technologies Inc. shares fell as much as 12% in extended trading after giving a disappointing profit forecast and reporting quarterly earnings that fell short of Wall Street e...
MATIC price forecast: can MATIC bounce back in value?
Polygon MATIC/USD is essentially a multi-level platform developed to scale Ethereum through the utilization of sidechains. MATIC is the native cryptocurrency token that powers the Polygon network and ...
NZD/USD forecast as RBNZ kicks off quantitative tightening
The NZD/USD pair rose slightly on Wednesday morning after the Reserve Bank of New Zealand (RBNZ) delivered its interest rate decision. It is trading at 0.6761, which is the highest it has been since J...
AMD price forecast: Bernstein sees upside to $150 a share
Shares of Advanced Micro Devices Inc (NASDAQ: AMD) are up 3.0% on Tuesday after a Bernstein Research analyst upgraded the stock to “outperform” – his first top rating for AMD in ten ...
Alibaba share price forecast ahead Q3 results
Alibaba Group Holding Ltd (NYSE: BABA) will announce third-quarter earnings results this Thursday, February 24, before the market opens. Alibaba shares have weakened more than 50% in the period of the...
Dow Jones, the S&P 500, and Nasdaq price forecast after a second straight weekly loss
Wall Street’s main indexes noted a second straight weekly loss as the uncertainty of potential outcomes between Ukraine and Russia continues to worry investors. U.S. President Joe Biden said that the ...
Albemarle Wipes Out Fifth of Value as Raised Forecast Falls Flat
(Bloomberg) — Top lithium miner Albemarle Corp. wiped out almost a fifth of its value in a record share decline after its profit forecast disappointed investors expecting a bigger windfall from ...
DraftKings stock price forecast ahead of earnings. Huge drop possible
The DraftKings (NASDAQ: DKNG) stock price is hovering near its lowest level this year as traders wait for the company’s quarterly earnings scheduled for Friday this week. The shares are trading at $23...
USD/ZAR forecast ahead of the South Africa inflation data
The USD/ZAR price has been in a bearish trend in the past few weeks as investors focus on the Ukrainian crisis. The pair is trading at 15.11, which is about 7.7% below the highest level in December la...
IBEX 35 index forecast for February 2022
Spain’s IBEX 35 index has advanced again above 8,700 points after Russia signaled it is withdrawing its troops from the Ukraine border. Tensions between Ukraine and Russia appear to be calming down, b...
Shopify share price forecast ahead Q4 results
Shopify Inc. (NYSE: SHOP) will announce fourth-quarter earnings results this Wednesday, February 16, before the market opens. Shopify shares have weakened more than 35% since the beginning of the 2022...
EUR/USD forecast ahead of Scholz and Putin meeting on Ukraine
The EUR/USD price held steady on Tuesday morning as investors waited for the upcoming Eurozone GDP data. The pair is trading at 1.1320, which is slightly above Monday’s low of 1.1280. EU GDP data The ...
Shopify stock price forecast: is SHOP a buy ahead of earnings?
The Shopify (NYSE: SHOP) stock price has retreated sharply in the past few months as the rotation from growth to value has accelerated. The shares are trading at $854, which is about 51.65% from its h...
Dow Jones, the S&P 500, and Nasdaq price forecast after last week’s dip
Wall Street’s main indexes ended sharply lower on Friday, as the possibility of steeper interest rate hikes worried investors while tensions between Ukraine and Russia escalated. The U.S. Bureau of La...
Beyond Meat Stock Falls on Larger Loss, Downbeat Forecast
Text size Beyond Meat’s revenue from U.S. retail sales declined. Drew Angerer/Getty Images Beyond Meat issued a disappointing sales forecast as it reported weaker fourth-quarter results than exp...