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Technical analysis & forecast for august 16, 2023

GBP in Consolidation Phase Ahead of Potential Decline. Also Analyzing: EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 Index. The post Technical Anal...

August 16, 2023, 8:08 am

Kb home constructs bullish price action as wider industry thrives

Homebuilders have been a leading industry throughout 2023, defying fears that high interest rates would keep buyers away. KB Home NYSE: KBH, a mid-cap...

August 16, 2023, 7:31 am

Gbp/jpy daily outlook

Daily Pivots: (S1) 184.42; (P) 184.88; (R1) 185.40; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should ext...

August 16, 2023, 7:07 am

The best 3 marijuana stocks you need to know about

What is keeping marijuana stock investors in the game? Well as most would agree it is not like short-term gains. Now at one point in time, marijuana s...

August 16, 2023, 7:00 am

Gold price forecast: xau/usd holds above $1,900 as fed minutes loom – confluence detector

Gold Price rebounds from seven-week low but lacks upside momentum while making rounds to key support. XAU/USD consolidates losses ahead of Fed Minutes...

August 16, 2023, 6:45 am

Jd.com posts earnings beat. but the stock can't shake the china gloom.

A solid top- and bottom-line beat by the e-commerce giant isn't enough to significantly buoy the stock ...

August 16, 2023, 6:26 am

Usdchf technical analysis - watch this resistance zone for another rally

Last week, the US CPI came basically in line with expectations, but the good news is that the Core M/M reading once again printed at 0.2%. The less go...

August 16, 2023, 6:08 am

Aud/usd daily report

Daily Pivots: (S1) 0.6431; (P) 0.6476; (R1) 0.6501; More… AUD/USD’s break of 0.6457 support confirms resumption of whole decline from 0.7156. Intr...

August 16, 2023, 5:47 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.6785; (P) 1.6849; (R1) 1.6956; More… EUR/AUD’s rally continues today and intraday bias remains on the upside. Current rally i...

August 16, 2023, 5:36 am

Gurit reports solid net sales of chf 244.6 million in the first half of 2023 and an improved profitability

Gurit Holding AG / Key word (s): Half Year Results/Interim Report Gurit reports solid net sales of CHF ...

August 16, 2023, 5:29 am

Aud/usd dips below 0.6500, fomc minutes next

Key Highlights AUD/USD traded below the 0.6500 support zone. A major bearish trend line is forming with resistance near 0.6495 on the 4-hour chart. EU...

August 16, 2023, 3:30 am

Gbp/jpy consolidates its gain above the 184.80 mark ahead of uk cpi

The GBP/JPY cross consolidates its recent gains near 184.80 during the Asian session on Wednesday. Markets turn cautious ahead of the release of the U...

August 16, 2023, 2:14 am

Eur/usd dips amid strong us retail sales and renewed fed tightening concerns

EUR/USD extended its losses on Tuesday for two straight days and clings above the 1.0900 figure after solid ...

August 15, 2023, 10:59 pm

Aud/usd forecast: aussie rejected from above 0.6500, bearish risks prevail

The AUD/USD is consolidating within a range between 0.6500 and 0.6450, with downside risks prevailing. The AUD/USD failed to hold above 0.6500 and pul...

August 15, 2023, 7:14 pm

A closer look at ups's agreement with teamsters

In a recent announcement, United Parcel Service Inc. ( UPS , Financial) CEO Carol Tomé shared the company's successful agreement with the Teamsters U...

August 15, 2023, 5:49 pm

Japan airlines aims for double-digit profit growth

Japan Airlines saw a significant increase in capacity and revenue, driven by international passenger demand. Domestic passenger service revenues incre...

August 15, 2023, 5:16 pm

Universal health (uhs) gains from solid segmental performance

Universal Health (UHS) gains from the uptrend in revenue growth, which in turn, is derived from expanding patient volumes. A credible financial positi...

August 15, 2023, 4:12 pm

Why cincinnati financial (cinf) might be well poised for a surge

Cincinnati Financial (CINF) shares have started gaining and might continue moving higher in the near term, as indicated by...

August 15, 2023, 4:11 pm

Can janus international group, inc. (jbi) run higher on rising earnings estimates?

Janus International Group, Inc. (JBI) shares have started gaining and might continue moving higher in the near term, as indicated by...

August 15, 2023, 4:11 pm

Surging earnings estimates signal upside for mercadolibre (meli) stock

MercadoLibre (MELI) shares have started gaining and might continue moving higher in the near term, as indicated by...

August 15, 2023, 4:11 pm


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