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Aud/usd extends its upside below the mid-0.6400s ahead of the us nfp data

AUD/USD edges higher to 0.6435 on the softer USD, risk appetite. Reserve Bank of Australia (RBA) is likely to raise the rate by 25 basis points (bps) ...

November 3, 2023, 7:14 am

Aud/usd daily report

Daily Pivots: (S1) 0.6398; (P) 0.6427; (R1) 0.6463; More… Intraday bias in AUD/USD remains on the upside...

November 3, 2023, 5:59 am

Eur/usd price analysis: remains below 50-day sma, bearish flag pattern in play ahead of nfp

EUR/USD oscillates in a narrow trading band on Friday as investors keenly await the US NFP report. The formation of a bearish flag pattern warrants ca...

November 3, 2023, 4:59 am

Gold price remains confined in a multi-day-old trading range ahead of the us nfp report

Gold price attracts some buying for the second straight day, though the upside remains capped. A positi...

November 3, 2023, 4:44 am

Warner bros. discovery: undervalued against peers as earnings are poised to rise

WBD continues to show net loss since the merger, but this scenario will soon change. It is generating FCF and Earnings will follow. Compared to its pe...

November 3, 2023, 4:39 am

Wayfair's marketplace model: unleashing long-term potential

The stock has gone up 38% since our initial coverage in May 2023. The company's recovery trajectory indicates strengthening fundamentals and potential...

November 3, 2023, 1:58 am

Gold price forecast: xau/usd remains confined around $1,985, focus on the us nfp

Gold price remains confined around $1,985 ahead of the US key event. The lower US Treasury bond yields and the rising odds of tightening cycle ends ex...

November 3, 2023, 1:44 am

Usdcad rebounds off 50% retracement support

The USDCAD is moving higher as sellers over the last few days cover some short against a support target defined by the 50% midpoint of the move up fro...

November 3, 2023, 1:12 am

Aud/usd forecast: consolidation likely with upside risks

The US Dollar slides again as attention turns to NFP. The Australian Dollar benefits from risk appetite. Risks in the short term for AUD/USD are tilte...

November 3, 2023, 12:14 am

Aud/nzd price forecast: aussie down but uptrend remains intact, aud/nzd into 1.0900

The AUD/NZD is falling back after peaking on Wednesday. Antipodean cross pair is cycling familiar territory as bulls refuse to go down. AUD losing...

November 2, 2023, 11:59 pm

Petrobras: attractively valued and well-positioned to absorb industry tailwinds

Petrobras is a generous company in terms of dividend policy, with a high dividend yield and the ability to generate substantial free cash flow. The co...

November 2, 2023, 11:09 pm

Vornado realty trust: potential upside with commons and 9.3% yielding preferreds

Vornado Realty Trust has had a disruptive fiscal year, with suspended dividends and flagging funds from operations as interest expenses bite. The REIT...

November 2, 2023, 3:45 pm

Usd/cad: declines to re-emerge, possibly before year-end – mufg

GBP/USD is holding the upside at around 1.2200 after the BoE delivered a hawkish pause on ‘Super Thur...

November 2, 2023, 3:44 pm

Eur/usd hits fresh daily highs above 1.0660 as dollar remains under pressure

EUR/USD tests a short-term downtrend line and remains firmly above 1.0600. The EUR/USD accelerated to the upsi...

November 2, 2023, 2:44 pm

Capturing the upside for japanese equities

The tendency for US equities to dominate the performance of global equity indices means Japanese performance is often overlooked. Another factor in th...

November 2, 2023, 2:29 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2110; (P) 1.2137; (R1) 1.2179; More GBP/USD is still bounded in established range despite today’s rebound, and intraday bias st...

November 2, 2023, 12:58 pm

Exact sciences (exas) q3 earnings beat, gross margin rises

Exact Sciences' (EXAS) Screening revenue upside is primarily attributable to broad-based momentum in Co...

November 2, 2023, 12:48 pm

Ncv: troubled history but novel concept

Virtus Convertible & Income Fund offers a high level of current income with a yield of 13.97%. The NCV closed-end fund heavily invests in convertible ...

November 2, 2023, 11:53 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.6448; (P) 1.6587; (R1) 1.6671; More… EUR/AUD’s strong break of 1.6550 support argues that corrective rebound from 1.6843 has ...

November 2, 2023, 8:04 am

Aud/usd daily report

Daily Pivots: (S1) 0.6341; (P) 0.6371; (R1) 0.6423; More… AUD/USD’s break of 0.6398 resistance indicates short term bottoming at 0.6398. Intraday ...

November 2, 2023, 7:30 am


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