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Technical analysis & forecast 23.06.2023

By RoboForex.com EURUSD, “Euro vs US Dollar” The currency pair has broken the consolidation range u...

June 23, 2023, 1:33 pm

Despite the 50 bp hike by the boe, the gbpusd is lower on the week and below ma support

Despite a 50 basis point hike by the Bank of England this week, the GBPUSD is trading lower in the week. Concerns of slower growth despite high inflat...

June 23, 2023, 1:24 pm

Is 3m's dividend really in danger? $20 billion in lawsuits

Shares of 3M NYSE: MMM have broken out of the typical pattern being showcased by virtually every stock ...

June 23, 2023, 8:12 am

Bitcoin and correlations — examining the relationship between btc, gold and the nasdaq

While a correlation holds, it tends to be a big news story. Throughout much of 2022 and early 2023, for example, the “Bitcoin trades in tandem with ...

June 22, 2023, 9:44 pm

broken mirror: lululemon fails to find buyer failing fitness gadget

Lululemon paid $500 million for the low-tech gadget during the height of the pandemic-induced exercise craze in 2020. However, a recent filing showed ...

June 22, 2023, 4:59 pm

Ecb's nagel: tight labor market could result in persistent inflationary pressures

Rates have not peaked and eventual peak must be held for an extended period until inflation is brokenOn...

June 22, 2023, 12:10 pm

Ex-nissan chief slams ‘massive pr campaign' aimed to ‘denigrate' his reputation

'broken Alliances' author and former Nissan Chairman and CEO Carlos Ghosn details his defamation lawsui...

June 22, 2023, 9:15 am

Eur/usd resumes the recovery, support on dips is at 1.09

Support can then be at former wave four, possibly at 1.09 which can come in play once the trendline support is ...

June 22, 2023, 8:44 am

Elon musk and mark zuckerberg challenge each other to cage fight

A war of words between tech billionaires Elon Musk and Mark Zuckerberg has led to the two men challenging each other to a cage fight. The dispute has ...

June 22, 2023, 6:35 am

The cryptocurrency market digest (btc). overview for 21.06.2023

By RoboForex.com The BTC on Wednesday rose to 28,872 USD. The correlation between the BTC and the Nasdaq and S&P 500 indices remains disrupted. This i...

June 21, 2023, 2:38 pm

Gold in a bit of a pickle after yesterday's drop

With there looking to be a risk rotation in play (perhaps ahead of month-end/quarter-end), gold is failing to find much comfort despite lower bond yie...

June 21, 2023, 4:22 am

Gold price forecast: xau/usd closes tuesday near monthly lows

The monthly low at $1,925 level stands as a key support level. If broken, the $1,915 area and psycholog...

June 20, 2023, 11:59 pm

Brazil breaks out: spotting a new ewz uptrend

Brazilian stocks sport high relative strength compared to other emerging markets over the last year. With a low earnings multiple, strong technical mo...

June 20, 2023, 5:51 pm

Audusd cracks lower. below 200 hour ma after sharp fall today

On Friday, I wrote about the overbought condition of the AUDUSD ("AUDUSD shows a crack in the bullish move...maybe"). On that day, the price fell belo...

June 20, 2023, 2:26 pm

Bitcoin is technically bullish and supportive [video]

Bitcoin with ticker BTCUSD is still at strong weekly technical support. After a broken channel upper li...

June 19, 2023, 9:30 am

Usdjpy daily analysis – june 19, 2023

The USDJPY currency pair has recently broken above the key resistance level at 140.91, signaling a resu...

June 19, 2023, 12:55 am

Under the radar strength in commodity and emerging market stocks (technical analysis)

Emerging markets and commodities are showing strength amid a weak USD, which has a historical negative correlation with these sectors. Risk-on currenc...

June 18, 2023, 10:31 am

The sellers are winning in the usdcad. what would turn that bias around?

In the USDCAD, the sellers have pushed the price below a swing area between 1.3207 and 1.32299. The low price just reached 1.31942. Staying below 1.32...

June 16, 2023, 2:26 pm

Reddit's blackout has broken a popular google search hack. can bard and chatgpt offer an alternative?

A popular Google hack that involves adding the term “reddit” or “+reddit” to a search query for better results isn't working due to the ongoin...

June 16, 2023, 10:25 am

Gbp/usd seals breakout move on the week, what's next?

The pair is up nearly 2% on the week, no thanks in part to some heavy dollar selling yesterday as traders finally picked a side after the Fed meeting....

June 16, 2023, 10:23 am


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