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Elliott wave forecast: $usd/chf rally should fail for more downside [video]
05/05/2023 05:59

Elliott wave forecast: $usd/chf rally should fail for more downside [video]

The 45 minutes chart below shows $USDCHF ended wave 1 at 0.885 and rally in wave 2 ended at 0.899. Internal subdivision of wave 2 unfolded as a double...

Usd/cad declines towards 1.3500 as usd index drops further and oil rebounds
05/05/2023 05:59

Usd/cad declines towards 1.3500 as usd index drops further and oil rebounds

The USD/CAD pair has witnessed an immense sell-off as the US Dollar Index (DXY) has extended its losses sharply and the oil price has shown a signific...

@newsquawk's europe market open: bank-related headwinds in focus ahead of us nfp
05/05/2023 05:52

@newsquawk's europe market open: bank-related headwinds in focus ahead of us nfp

@Newsquawk's Europe Market Open: Bank-related headwinds in focus ahead of US NFPKey Points:APAC stocks traded mixed after the weak lead from the US wh...

An earthquake with a magnitude of 6.3 occurred near noto, ishikawa prefecture
05/05/2023 05:48

An earthquake with a magnitude of 6.3 occurred near noto, ishikawa prefecture

An earthquake with a magnitude of 6.3 occurred near Noto, Ishikawa Prefecture This article was written by Ryan Paisey at www.forexlive.com......

Aud/usd daily report
05/05/2023 05:47

Aud/usd daily report

Daily Pivots: (S1) 0.6653; (P) 0.6680; (R1) 0.6719; More… AUD/USD’s rebound from 0.6572 extends higher today but stays well below 0.6804 resistanc...

Aussie flexes muscles on rba, dollar down ahead of nfp
05/05/2023 05:47

Aussie flexes muscles on rba, dollar down ahead of nfp

Dollar trades broadly lower overnight and remains soft in Asian session. Despite risk-off sentiment in the US, the greenback failed to find support, a...

Aud/usd price analysis: refreshes fortnight top near 0.6750 on rba optimism, us nfp eyed
05/05/2023 05:44

Aud/usd price analysis: refreshes fortnight top near 0.6750 on rba optimism, us nfp eyed

AUD/USD pierces an 11-week-old resistance line amid broad US Dollar weakness, as well as due to the hawkish signals from the Reserve Bank of Australia...

European shares seen up as apple earnings beat expectations
05/05/2023 05:42

European shares seen up as apple earnings beat expectations

European stocks are likely to open higher on Friday after Apple’s fiscal second-quarter earnings beat market expectations. Read Full Story The post ...

Jpmorgan's dimon to visit mainland china for first time in 4 years
05/05/2023 05:39

Jpmorgan's dimon to visit mainland china for first time in 4 years

Full StoryJamie Dimon, the chief executive of JPMorgan Chase & Co, travels to mainland China this month for the first time in four years, sources said...

Dow jones newswires: air france-klm lowers capacity forecast ahead of busy summer
05/05/2023 05:36

Dow jones newswires: air france-klm lowers capacity forecast ahead of busy summer

The Franco-Dutch carrier group on Friday posted revenue of 6.33 billion euros ($6.97 billion) for the three months to the end of March, up 42% on year...

Evolva signs multi-year agreement with leading cmo partner to enable supply of vanillin to global f&f customer of around chf 35 million until 2026
05/05/2023 05:29

Evolva signs multi-year agreement with leading cmo partner to enable supply of vanillin to global f&f customer of around chf 35 million until 2026

CET/CESTRelease of an ad hoc announcement pursuant to Art. 53 LRThe issuer is solely responsible for the content of this announcement.PRESS RELEASE | ...

Clariant international ltd: clariant delivers resilient sales performance in challenging environment
05/05/2023 05:29

Clariant international ltd: clariant delivers resilient sales performance in challenging environment

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR Q1 2023 sales increased by 1 % in local currency, down 5 % in Swiss francs to CHF 1.200 billion – positiv...

From merchants to institutions: how bitcoin is being adopted in different sectors
05/05/2023 05:29

From merchants to institutions: how bitcoin is being adopted in different sectors

Bitcoin is a decentralized digital currency that has gained significant attention and adoption over the past few years. While initially used primarily...

Us non-farm payroll data in focus, reactions to be complex
05/05/2023 05:23

Us non-farm payroll data in focus, reactions to be complex

Market attention today is on US non-farm payroll data, with headline job growth anticipated to slow to 181k in April. Unemployment rate is predicted t...

Dax set for a bullish open with the us jobs report in the spotlight
05/05/2023 05:17

Dax set for a bullish open with the us jobs report in the spotlight

It is a relatively quiet day ahead for the DAX. German factory orders and euro area retail sales will draw interest ahead of the US Jobs Report. The p...

Clariant delivers resilient sales performance in challenging environment
05/05/2023 05:14

Clariant delivers resilient sales performance in challenging environment

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR Q1 2023 sales increased by 1 % in local currency, down 5 % in Swiss francs to CHF 1.200 billion – positiv...

Gold price forecast: xau/usd seems poised to test ascending channel hurdle, around $2,100
05/05/2023 05:14

Gold price forecast: xau/usd seems poised to test ascending channel hurdle, around $2,100

Nevertheless, the XAU/USD remains on track to register strong weekly gains of around 3%. Moreover, the aforementioned fundamental backdrop suggests th...

Nouriel roubini says the us & china are on a collision course,
05/05/2023 05:04

Nouriel roubini says the us & china are on a collision course, "geopolitical depression"

If you're interested, some weekend reading. Nouriel Roubini writing an op-ed for Project Syndicate.The gist of it:"Despite US officials' efforts to es...

Markets decline in early trade amid weak trend in us equities, fall in index major hdfc twins
05/05/2023 04:59

Markets decline in early trade amid weak trend in us equities, fall in index major hdfc twins

The 30-share BSE Sensex tanked 586.15 points to 61,163.10 in initial trade while the NSE Nifty declined 150.9 points to 18,104.90 … Read Full Story ...

Gold price forecast: xau/usd continues to remain sideways around $2,050 as focus turns to us job data
05/05/2023 04:59

Gold price forecast: xau/usd continues to remain sideways around $2,050 as focus turns to us job data

Gold price (XAU/USD) is showing signs of volatility contraction around $2,050.00 in the Asian session. The precious metal is struggling to make a deci...

Gold technical analysis: prices head towards record highs
05/05/2023 04:59

Gold technical analysis: prices head towards record highs

Investors abandoned the US dollar following the monetary policy decisions of the US Federal Reserve Bank, which helped the xau/usd gold price to rebo ...

Indian equities should book profits as us recession appears imminent, bank of america securities says
05/05/2023 04:44

Indian equities should book profits as us recession appears imminent, bank of america securities says

BofA Securities said on Thursday that investors in Indian equities should book their profits as it expects the benchmark Nifty 50 index to dip slightl...

Markets fall in early trade amid weak trend in us equities
05/05/2023 04:44

Markets fall in early trade amid weak trend in us equities

The domestic equity benchmark indices fell in early trade on Friday in-line with the weak trend in the US markets and the decline in index major HDFC ...

Cash app bitcoin revenue tops $2 billion in the first quarter
05/05/2023 04:44

Cash app bitcoin revenue tops $2 billion in the first quarter

Jack Dorsey-owned fintech firm Block has released its Q1 earnings, reporting $2.16 billion in Bitcoin revenue through Cash App and $1.7 billion in gro...

Eur/usd extends recovery above 1.1040 as usd index drops further, us nfp remains key
05/05/2023 04:44

Eur/usd extends recovery above 1.1040 as usd index drops further, us nfp remains key

The EUR/USD pair has recovered firmly above 1.1040 in the Asian session as the US Dollar index (DXY) has resumed its downside journey. The major curre...

Gbp to usd forecasts: bulls eye $1.2650 on weak us jobs report
05/05/2023 04:42

Gbp to usd forecasts: bulls eye $1.2650 on weak us jobs report

It is a relatively quiet day for the GBP to USD. However, the US Jobs Report could tilt monetary policy divergence in favor of the BoE. The post GBP t...

China caixin pmi services dropped to 56.4, remains to be seen if rebound sustainable
05/05/2023 04:35

China caixin pmi services dropped to 56.4, remains to be seen if rebound sustainable

China’s Caixin PMI Services dropped to 56.4 in April, down from 57.8 in March and slightly below the expected 56.5. According to Caixin, the sector ...

Goldman sachs preview april non-farm payrolls, see a slowdown
05/05/2023 04:30

Goldman sachs preview april non-farm payrolls, see a slowdown

Earlier:Preview: April non-farm payrolls by the numbersVia Goldman Sachs preview:We estimate nonfarm payrolls rose 250k in Aprilabove consensus of +18...

Usd/cad: near-term support being challenged with move lower
05/05/2023 04:29

Usd/cad: near-term support being challenged with move lower

Advertisement ready to make your money work for you? start trading now The usd/cad has moved lower in the wake … Read Full Story at source (may requ...

Gold price remains steady at record high. silver hits new peak
05/05/2023 04:29

Gold price remains steady at record high. silver hits new peak

Gold rate today has immediate support placed at $2,030 whereas it is facing resistance at $2,080 mark, say experts Read Full Story at source (may requ...

Chart art: reversal pattern on usd/cad
05/05/2023 04:23

Chart art: reversal pattern on usd/cad

USD/CAD might be done with its climb, as the forex pair is forming a double top pattern that looks ready to play out. Don’t miss it!......

Rba somp: faster inflation slowdown in 2023, but not after
05/05/2023 04:14

Rba somp: faster inflation slowdown in 2023, but not after

In the quarterly Statement on Monetary Policy, RBA reiterated that “some further tightening of monetary policy may be required” to ensure that inf...

Breaking: gbp/usd crosses 1.2600 to refresh one-year high amid broad us dollar weakness ahead of us nfp
05/05/2023 04:14

Breaking: gbp/usd crosses 1.2600 to refresh one-year high amid broad us dollar weakness ahead of us nfp

GBP/USD rises for the third consecutive day to prod the late May 2022 high, piercing the 1.2600 threshold during early Friday. In doing so, the Cable ...

Federal reserve speakers on the agenda for friday, 5 may 2023: bullard, kashkari, cook
05/05/2023 04:02

Federal reserve speakers on the agenda for friday, 5 may 2023: bullard, kashkari, cook

It's a busy session coming during the Americas timezone with the data focus on the payrolls report (1230 GMT, 0830 US Eastern time) and then Federal R...


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