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S&p 500 index wave analysis

S&P 500 reversed from support level 4330.0 Likely to rise to resistance level 4450.00 S&P 500 index recently reversed up from the key support level 43...

June 28, 2023, 2:57 am

Eur/usd outlook: euro rallies on ecb’s fresh hawkish rhetoric

EURUSD was sharply up in European / early US session on Tuesday, reversing the large part of last Thu/Fri pullback and shifting near-term focus to the...

June 27, 2023, 3:45 pm

Igv: vigilance required as technology speculation worsens and rallies continue

The innovative technology space may face headwinds due to ongoing recession fears and a potential "baby bubble" in certain speculative areas. IGV has ...

June 27, 2023, 10:09 am

Eurjpy jumps to a fresh 15-year high

EURJPY has been in a strong uptrend since the beginning of the year, posting a fresh 15-year high of 157.20 in today’s session. However, this rally ...

June 27, 2023, 8:26 am

Gbp/usd could restart rally above this resistance

Key Highlights GBP/USD started a downside correction from the 1.2850 zone. A major bearish trend line i...

June 27, 2023, 3:43 am

Forexlive asia-pacific fx news wrap: pboc slows the fall in the yuan

Bank of Canada Deputy Governor Kozicki speaking Tuesday on inflationMorgan Stanley on US stocks - "risks for a major...

June 27, 2023, 2:58 am

Morgan stanley on us stocks - "risks for a major correction have rarely been higher"

A note from US equity strategist at Morgan Stanley Michael Wilsonsaid "risks for a major correction hav...

June 27, 2023, 2:12 am

Usd/chf extends downside to 0.8950 amid correction in usd index

USD/CHF has stretched its downside to near 0.8950 amid a lack of conviction in the USD Index for a recovery. Investors are taking caution ahead of the...

June 26, 2023, 10:46 am

Gbp/usd eyes fresh increase, usd/cad could extend losses

GBP/USD faced resistance near 1.2845 and started a downside correction. USD/CAD is struggling below 1.3...

June 26, 2023, 8:09 am

Darden restaurants: post-earnings correction presents a buying opportunity

Darden Restaurants is expected to sustain strong growth through market share gains, price increases, and traffic stabilization. The company also has g...

June 25, 2023, 8:34 am

Breaking the spy and bonds dilemma: the case for mmf

Amidst an exorbitant valuation, looming downside risks, and the compelling FOMC dot plot projection, the time has come to embrace the allure of short-...

June 25, 2023, 7:11 am

‘gold prices may dip for correction in short term’: expert

Gold prices may dip for correction in the short term and the bias will remain negative for the yellow m...

June 23, 2023, 2:29 pm

Nzd/usd tumbles to near 0.6130 despite mild correction in us dollar, us pmi eyed

NZD/USD has displayed a perpendicular decline to near 0.6130 amid a risk-off mood. S&P500 futures have extended their downside as investors are gettin...

June 23, 2023, 1:44 pm

Eur/chf mid-day outlook

Daily Pivots: (S1) 0.9783; (P) 0.9812; (R1) 0.9834; More… EUR/CHF’s break of 0.9763 minor support argues that recovery from 0.9670 has completed a...

June 23, 2023, 1:16 pm

Unstoppable momentum: 3 stocks poised for yet another rally

After rallying aggressively over the last five weeks the stock market took a much needed break this week, with the broad indexes nearly unchanged. In ...

June 23, 2023, 11:54 am

Accumulation in bitcoin, ethereum

Market picture Crypto market capitalisation has adjusted 0.65% in the past 24 hours to 1.17 trillion, remaining near the highs since early May. The...

June 23, 2023, 10:04 am

Housebuilders retreat again as hsbc warns of 'severe squeeze'

Housebuilders are facing a severe squeeze on profits and sales due to the rise in mortgage costs and interest rates, investment bank HSBC today warned...

June 23, 2023, 9:28 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9783; (P) 0.9812; (R1) 0.9834; More… Intraday bias in EUR/CHF is turned neutral with current retreat. On the upside, break of 0...

June 23, 2023, 9:13 am

Eur/usd may hold above 1.09 into next week barring big downside surprises in pmis – ing

EUR/USD is extending the overnight correction from six-week highs above 1.1000, drifting toward 1.0900 ...

June 23, 2023, 7:59 am

Gold price analysis: bulls eye a correction, us pmis will be key

Gold price is meeting support and there is a focus on the upside ahead of key data. US PMIs are eyed for Friday as a potential catalyst. Gold price is...

June 22, 2023, 8:29 pm


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