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Weekly summary and review 3rd november 2023

Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of November 3rd 2023 is here. It is now time to recap and summ...

November 3, 2023, 1:28 pm

Usd/cad daily outlook

Daily Pivots: (S1) 1.3695; (P) 1.3778; (R1) 1.3820; More… A short term top should be in place at 1.3897, on bearish divergence condition in 4H MACD....

November 3, 2023, 7:07 am

Audusd helped by yield spread

The AUDUSD is trading at session highs and trading up 0.70% on the day. The gain is only behind the NZDUSD which has moved up 0.80% so far today. The ...

November 2, 2023, 2:44 am

Aud to usd forecast: australian trade data and the us labor market in focus

As markets anticipate a hawkish RBA decision, the AUD/USD’s trajectory to $0.65 hinges on the US labor market, shaping monetary policy divergence. T...

November 1, 2023, 11:15 pm

Emb: potential tactical allocation for short-term investors with stronger technicals and em outlook

The iShares J.P. Morgan USD Emerging Markets Bond ETF offers tactical exposure to EM sovereign debt at compressed prices. EMB has caught a bid at its ...

November 1, 2023, 9:52 pm

Pffa: buy this preferred stock etf trading at a discount

Virtus InfraCap U.S. Preferred Stock ETF is an actively-managed ETF that holds preferred stocks from across the US investible universe. PFFA has outpe...

November 1, 2023, 10:52 am

Japan's matsuno says rapid fx moves are undesirable

Japan chief cabinet secretary Matsuno with some verbal intervention to proper up the yen: Important for currencies to move in stable manner reflecting...

November 1, 2023, 2:11 am

Usd/jpy technical: bearish elements sighted at key resistance zone

Last Friday, 27 Oct price actions of the USD/JPY led to the formation of a weekly bearish reversal “Shooting Star” candlestick right at a key resi...

October 30, 2023, 12:01 pm

What is the usd trajectory going ahead into 2023 q4?

In the past month, the U.S. dollar index (DXY) remained largely stable, exhibiting fluctuations without a clear directional trend. During October, the...

October 30, 2023, 8:28 am

Usd/jpy trades with mild positive bias blow 150.00, looks to key central bank meetings

USD/JPY kicks off the new week on a positive note and recovers a part of Friday’s losses. The divergent BoJ-Fed policy outlook is seen as a key fact...

October 30, 2023, 2:44 am

Eur/gbp: forecast profile lifted slightly higher to 0.89 over the coming 12 months – danske bank

Near-term, we expect the cross to range trade on the back of little divergence in either the growth or monetary policy for the rest of the year. We li...

October 27, 2023, 11:14 am

Usd/jpy: next potential hurdles located at 151.25 and last year high of 152/152.80 – socgen

USD/JPY has given a break above its one-month range denoting persistence in up move. It is worth noting that daily MACD has been posting negative dive...

October 27, 2023, 10:29 am

Usd/jpy price analysis: 100-hour sma near 150.00 holds the key for bulls ahead of us pce data

The divergent Fed-BoJ policy outlook should limit the downside ahead of the US PCE Price Index. Read Full Story at source (may require registration) T...

October 27, 2023, 5:29 am

Microsoft and alphabet stocks diverge on cloud revenue, ai

Microsoft (MSFT) pleased investors with its AI-driven boost in cloud revenue, while Alphabet (GOOG, GOOGL) disappointed and reported a miss on cloud r...

October 25, 2023, 5:01 pm

Pmis signal growth divergence between euro area and us

Market movers today Data calendar for today is almost empty for main markets, only German IFO index for October due. In Sweden, September PPI index wi...

October 25, 2023, 6:48 am

Microsoft took market share from google. how ai is changing cloud competition.

Microsoft's Azure impressed where Google Cloud disappointed and the reason behind the divergence looks to be in artificial intelligence....

October 25, 2023, 5:27 am

Is it time to strike on crowdstrike as a secure momentum play?

From a technical perspective, the cybersecurity play boasts a 70 relative strength indicator (RSI) reading on the weekly chart. The moving average con...

October 23, 2023, 9:16 am

Deutsche bank slash their eur/usd year end forecast to 1.07 (from 1.15)

Snippet from DB on the euro, saying their view on it is neutral and hence they've lowered their end-2023 forecast to 1.07 from 1.15 previously. DB say...

October 23, 2023, 2:00 am

Silver prices forecast: bullish wave amid geopolitical strife, short-covering

XAG/USD rises amid Middle East tension, showcasing trading divergence; rally fueled by short-covering, polarizing small and big traders’ stance. The...

October 22, 2023, 6:00 am

Usd/jpy flirts with multi-week high, just below the 150 possible intervention level

USD/JPY regains positive traction on Friday and climbs back closer to a multi-week top. The divergent BoJ-Fed policy outlook turns out to be a key fac...

October 20, 2023, 8:29 am


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