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Eur/usd price analysis: bears engage again in 1.1020 resistance

EUR/USD bears are engaging again but the support could be solid ahead of Nonfarm Payrolls. EUR/USD 1.0980s are key for the day ahead. The bias remains...

May 4, 2023, 7:29 pm

Ecb rate decision and weak us banks weigh on european shares

The ECB raised rates by 25 basis points and signaled that the "journey" is continuing. Some members wanted a 50 basis point hike. Sources said some me...

May 4, 2023, 4:45 pm

Usdcad falls to new lows and away from 100/200 hour mas

The USDCAD has witnessed a significant shift as it moved below the 100-hour moving average (MA) and a nearby swing area around 1.35839 (indicated by r...

May 4, 2023, 4:22 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2489; (P) 1.2539; (R1) 1.2616; More… Intraday bias in GBP/USD stays on the upside for the moment. Current rally should now targ...

May 4, 2023, 1:12 pm

Pltr stock alert: is palantir really worth just $5?

Palantir (NYSE: PLTR ) stock is dipping on Thursday after one analyst hit the big data analytics company with a ...

May 4, 2023, 10:16 am

Technical outlook and review

DXY: The DXY chart has a bearish momentum, with potential for a continuation towards the first support ...

May 4, 2023, 8:35 am

Usd/jpy forecast: dollar falls after fed hints end to rate hikes

The US Federal Reserve hinted its aggressive tightening cycle might end. Risk aversion plagued the markets as regional US bank shares declined. The ca...

May 4, 2023, 8:27 am

Gilead sciences stock has only done this in 1 of the past 7 years

Gilead Sciences stock hasn't been a good investment in recent years, often underperforming the S&P 500. Declining revenue and a lack of a growth catal...

May 4, 2023, 7:50 am

Crude oil price nosedives, fed hiked rates again

Key Highlights Crude oil prices started a fresh decline below the $75 support. A major bearish trend li...

May 4, 2023, 3:05 am

Fed done hiking rates, dollar bears in control, commodities mixed

Pricing of swaps were volatile during the FOMC decision, settling at a 6.3% for a quarter-point hike at the June 14th meeting Dollar weaker across the...

May 4, 2023, 2:51 am

Usdjpy analysis – may 4, 2023

USDJPY has recently broken below the support level at 135.70, indicating a potential bearish bias for t...

May 4, 2023, 2:41 am

Eur/usd price analysis: bearish rsi divergence prods euro bulls below 1.1100 ahead of ecb

In doing so, the Euro pair defends the Federal Reserve-inspired gains with a three-week-old ascending trend channel. However, a divergence between the...

May 3, 2023, 11:59 pm

The fed is done hiking rates, dollar bears in control, commodities mixed

Pricing of swaps were volatile during the FOMC decision, settling at a 6.3% for a quarter-point hike at the June 14th meeting Dollar weaker across the...

May 3, 2023, 7:55 pm

Podcast – us ism services and adp seal the deal for the fed’s last hike

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and our new co-host Trader Nick. They discuss the ISM Services repo...

May 3, 2023, 6:50 pm

‘deposits are going to keep drifting out,' says doubleline's gundlach, warning of echoes of s&l crisis at banks

“I'm really turning more bearish,” Jeffrey Gundlach, CEO of DoubleLine, told CNBC on Wednesday, aft...

May 3, 2023, 5:23 pm

Uso plunges for worst 2-day drop since june 2022, oil features bearish risks

Oil prices have given back all of their gains (and then some) following a production cut announcement by OPEC+ last month. The USO oil-tracking ETF fe...

May 3, 2023, 4:58 pm

Twilio: bearish pressure is likely to continue (technical analysis)

The monthly candles for February and March 2023 show a shadow that indicates bearish pressure. The long...

May 3, 2023, 4:23 pm

Usd/chf: ending diagonal nears completion level

In the long term, the USDCHF seems to be forming a triple zigzag pattern. Only its final part, the wave, has not been completed. The actionary leg is ...

May 3, 2023, 12:07 pm

Regional banks continue to bleed as another rate hike looms

The Fed is likely to announce another 25-basis point hike in rates. The U.S. regional banks like PACW, WAL, ZION, CMA and KEY witness ...

May 3, 2023, 9:54 am

Usdcad technical analysis - what's next?

On the daily chart below for USDCAD, we can see that after a huge rally back towards the key support now turned resistance at 1.3664, the price has st...

May 3, 2023, 9:24 am


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