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Weekly market outlook (23-27 october)

UPCOMING EVENTS:Tuesday: AU-JP-EZ-UK-US PMIs, UK Unemployment Rate.Wednesday: Australia CPI, German IFO, BoC Policy Decision.Thursday: ECB Policy Deci...

October 22, 2023, 8:38 am

Jabil: sustained growth and expanding margins make me bullish

Jabil Inc. has been successful in expanding its market share and revenue through key partnerships with companies like Tesla, Johnson & Johnson, and Am...

October 22, 2023, 1:21 am

Gold/silver weekly forecast: a dead-cat bounce or game changer?

The sharp bounce in gold and silver recently has raised questions on whether it is time to reassess the bearish...

October 21, 2023, 10:00 pm

Crypto analyst foresees bitcoin breaking $70,000 barrier soon, but only if this happens

As the crypto market continues to evolve, prominent crypto analyst Kevin Svenson shared an optimistic outlook<...

October 21, 2023, 8:14 pm

Audusd, audjpy and audnzd outlook present very different pictures

That disparity in scale can lead to serious shifts in power dynamics, whereby say the US Dollar exerts far greater influence over the course of AUDUSD...

October 21, 2023, 3:59 pm

Eur/usd weekly outlook

EUR/USD continued to engage in sideway trading last week and outlook is unchanged. Initial bias remains...

October 21, 2023, 11:56 am

Usd/jpy weekly outlook

USD/JPY gyrated higher last week but stayed in range below 150.15 resistance. Initial bias remains neutral this week first. On the downside, below 148...

October 21, 2023, 11:51 am

Gbp/usd weekly outlook

GBP/USD extended the consolidation pattern from 1.2036 last week and outlook is unchanged. Initial bias...

October 21, 2023, 11:49 am

Usd/chf weekly outlook

USD/CHF’s fall from 0.9243 extended lower last week and the development raises the chance that rise from 0.8551 has completed. In any case, deeper d...

October 21, 2023, 11:44 am

Aud/usd weekly report

AUD/USD stays in consolidation from 0.6284 last week and outlook is unchanged. Initial bias remains neu...

October 21, 2023, 11:37 am

Usd/cad weekly outlook

USD/CAD’s recovery from 1.3680 extended higher last but quickly lost momentum. Initial bias is turned neutral this week first. On the upside, decisi...

October 21, 2023, 11:34 am

Gbp/jpy weekly outlook

GBP/JPY stays in sideway trading below 183.79 last week and outlook is unchanged. Initial bias remains ...

October 21, 2023, 11:30 am

Eur/jpy weekly outlook

EUR/JPY spiraled higher last week as rebound from 154.32 extends. Initial bias stays on the upside this week for retesting 159.75 resistance. Decisive...

October 21, 2023, 11:27 am

Eur/gbp weekly outlook

EUR/GBP’s rise from 0.8491 resumed by breaking through 0.8704 resistance last week. But it retreated after hitting 0.8739, just ahead of 61.8% proje...

October 21, 2023, 11:22 am

Eur/aud weekly outlook

EUR/AUD’s rise from 1.6319 continued last week and outlook is unchanged. Initial bias remains on the ...

October 21, 2023, 11:16 am

Eur/chf weekly outlook

EUR/CHF’s down trend continued last week and hit as low as 0.9416. With 4 hour MACD crossed above signal line, initial bias is turned neutral this w...

October 21, 2023, 11:09 am

Us dollar outlook after powell: gbp/usd, aud/usd, eur/usd price action

USD continues to be well bid after Powell stopped short of hinting that US interest rates have peaked. What does Powell’s comments mean for EUR/USD,...

October 21, 2023, 4:44 am

Rtx corporation: engine issues, middle east turmoil, and a low p/e

RTX Corporation has suffered a serious price decline in 2023, in part because the company disclosed quality issues in its aircraft engine manufacturin...

October 21, 2023, 12:08 am

Middle east, house leadership cloud stock market outlook with amazon, microsoft, meta and alphabet to report

The stock market slides deeper into the clouds, setting a nervous mood as Alphabet, Meta, Microsoft, Boeing and others prepare to report....

October 20, 2023, 6:22 pm

Estee lauder: slowly getting prettier

Estee Lauder shares have fallen 25% since the summer due to a lack of earnings recovery and a modest outlook...

October 20, 2023, 5:55 pm


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