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Play of the day: another wave lower for eur/usd?

This dollar pair had a strong bearish reaction to Friday’s NFP, so it might be in for more downside e...

September 4, 2023, 7:06 am

Aud/usd price analysis: bearish flag pattern spotted on hourly charts ahead of rba on tuesday

AUD/USD regains positive traction on Monday, albeit lacks follow-through buying. Bets for one more Fed rate hike in 2023 cap the pair ahead of the RBA...

September 4, 2023, 2:14 am

Icahn enterprises: sec inquiry, halved distribution, 20% yield from carl

Icahn Enterprises has had to cut in half its quarterly distribution to unitholders but still yields 20%. IEP is trading at a premium to its net asset ...

September 4, 2023, 1:36 am

Optimism soars in crypto space: bitcoin holders now exceed 48.5 million

In a surprising turn of events, Bitcoin (BTC) whales are making waves in the crypto ocean. Despite the bearis<...

September 3, 2023, 4:59 pm

Crypto analyst sounds alarm, says bitcoin is nearing 2021 bull market collapse redux

Pseudonymous analyst Rekt Capital says that Bitcoin (CRYPTO: BTC) is very close to breaking down from a bearis...

September 3, 2023, 4:44 pm

Build-a-bear workshop's q2 earnings and long-term prospects: not bearish at all

Build-A-Bear Workshop is a cheap retail concept with a transformed business model and strong balance sheet. The company trades at a lower valuation co...

September 3, 2023, 8:32 am

Eur/usd weekly outlook

EUR/USD’s rebounded to 1.0944 last week, but was rejected by 55 D EMA (now at 1.0924) and fell sharply since then. The development keeps near term o...

September 2, 2023, 3:02 pm

Usd/jpy weekly forecast: dollar vulnerable amid downbeat nfp

Japanese authorities have shown reluctance to intervene. Increased expectations of a Fed pause caused the dollar to weaken. US job growth surpassed fo...

September 2, 2023, 1:13 pm

Aud/usd weekly forecast: rba likely to hold in next meeting

Reports on US consumer confidence and job openings came in lower than expected. Private employment in the US fell while the core PCE figure came in as...

September 2, 2023, 1:12 pm

Eur/gbp weekly outlook

EUR/GBP’s rebound from 0.8491 might have completed at 0.8609 last week. Initial bias is now mildly on the downside this week for retesting 0.8491. F...

September 2, 2023, 12:53 pm

Eur/chf weekly outlook

EUR/CHF recovered to 0.9601 last week but reversed from there. Initial bias stays neutral this week and larger down trend is still in favor to continu...

September 2, 2023, 12:43 pm

Dollar stays resilient after volatile week, euro falters as worst performer

In a week marked by high volatility, Dollar proved resilient, closing within its established range against other major currencies after intra-week sel...

September 2, 2023, 12:31 pm

5 inverse etfs that gained in double digits in august

August was dull for Wall Street, with all three major indices finishing in the red. This resulted in huge demand for inverse or inverse-leveraged ETFs...

September 1, 2023, 12:49 pm

Usd/jpy outlook: falling yields trigger bearish momentum

The dollar reached a one-week low against the yen due to declining Treasury yields. Japan’s finance minister gave no clear indication of intervening...

September 1, 2023, 12:44 pm

Usdchf and usdjpy: usdjpy pulls back below the 145.50 level

USDCHF and USDJPY: USDJPY pulls back below the 145.50 level In the past two days, we have seen a bullish trend of USDCHF from 0.87400 to 0.88500 level...

September 1, 2023, 10:30 am

Usd/jpy outlook: falling yields trigger bearish momentum

The dollar reached a one-week low against the yen due to declining Treasury yields. Japan’s finance minister gave no clear indication of intervening...

September 1, 2023, 8:31 am

Usd/cad defends 1.3500 at fortnight low despite strong oil price, focus on us nfp, canada gdp

USD/CAD flirts with the 21-DMA support of around 1.3500 after reversing from a downward-sloping resistance line from late April, close to 1.3610 by th...

September 1, 2023, 5:44 am

Chart art: bearish divergence on gold (xau/usd)

Let’s start this brand new trading month with a look at this steady downtrend on gold prices. Can resistance hold again?......

September 1, 2023, 5:00 am

Eur/gbp falls below the 20-day sma, bears takes command

The daily chart suggests the EUR/GBP has a bearish technical bias for the short term, with technical in...

August 31, 2023, 9:45 pm

Nzd/usd: solid higher move seen, followed by slight reversal

On early Tuesday of this week, the NZD/USD touched the 0.58885 ratio, essentially retesting lows seen last Friday. The ...

August 31, 2023, 6:29 pm


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